Axens Selected for BUA Group Integrated Refinery and Petrochemical Project in Nigeria

Proshare

Wednesday, September 02, 2020 / 04:00 AM /by  Axens Powering Integrated Solutions / Header Image Credit: Twitter; @BUAgroup

 

Proshare Nigeria Pvt. Ltd.


Rueil Malmaison, France. Axens announces today to be awarded by BUA Group, a leading Foods, Mining & Infrastructure Conglomerate based in Lagos, Nigeria the supply of process technologies for its greenfield refinery and petrochemicals facility in Nigeria.

 

BUA Group has selected Axens as the technology provider for its greenfield 200,000 bpd refinery and petrochemical plant in Nigeria. This multi-billion-dollar integrated project aims at producing Euro-V fuels and Polypropylene for the domestic and regional market.

 

The French technology provider Axens was selected by BUA Group after a comprehensive process, for its advanced technology licenses, basic engineering, catalysts & adsorbents, proprietary equipment, training and technical services.

 

BUA Group Chairman and CEO Abdul Samad Rabiu announced: "Once completed, this RFCC-based complex will produce high-quality gasoline, diesel, jet fuel meeting Euro-V specifications for the Nigerian market and the larger region. In addition, it will produce propylene, an essential component for the petrochemical industry used in polypropylene-based plastics and packaging. This large complex will help in reducing Nigeria's dependence on imported fuels and petrochemicals."

 

Axens' Chairman and CEO Jean Sentenac said: "We are delighted to be part of this strategic project providing the most advanced technologies on the market that are energy-efficient and ensure the production of high-quality fuels and petrochemical intermediates. This state-of-the-art integrated complex will allow BUA Group to develop its refining and petrochemical capabilities in Nigeria and produce highly valuable products for the domestic market. It is a great pleasure and a pride to partner with them to concur to develop Nigerian economy and ensure the success of this strategic state of the art project".

 

Proshare Nigeria Pvt. Ltd.


Related News

  1. Oil Prices Could Rise to $65 - OIR 010920
  2. Oil Prices Fall As Hurricane Fears Subside - OIR 280820
  3. Nigeria Prepares for an Extended Period of Low Oil Prices
  4. Gulf Of Mexico Storms Push Oil Prices Higher - OIR 250820
  5. Oil Tumbles On Shaky Recovery Prospects - OIR 210820
  6. Petroleum Industry Bill - Is There Light At The End of The Tunnel?
  7. Bullish Sentiment Is Building In Oil Markets - OIR 180820
  8. Average Prices of PMS, AGO, HHK and Cooking Gas - July 2020
  9. Recovery in Oil Market Extends to the Third Consecutive Month
  10. Oil Prices Fall Back After A Brief Rally - OIR 140820

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
READ MORE:
Related News
SCROLL TO TOP