Dangote’s $2bn petrochemical plant nears completion

Dangote’s two billion US dollar petrochemical plant located in Ibeju-Lekki, Lagos State will produce 77 different high-performance grades of polypropylene.

Devakumar Edwin, group executive director, Strategy, Capital Projects, and Portfolio Development, Dangote Industries Ltd., disclosed this in a statement obtained in Lokoja on Monday, according to the News Agency of Nigeria (NAN).

The statement sent by e-mail said that Edwin disclosed this while giving an update on the petrochemical project which is nearing completion and said to be the biggest in Africa.

The statement was signed by Tony Chiejine, assistant manager, Group Communication and Branding of Dangote Group.

According to the group executive director, the plant with an estimated yearly turnover of $1.2 billion has the capacity to produce 900,000 metric tonnes of 77 different grades of petrochemical per annum