Chevron/Akwa (Akhannouch family) to combine lubricant production and logistics at a single hub ($31m)
The Afriquia Lubrifiants joint-venture was established in 2006 and is now held in equal parts by the partners following the capital increase by Chevron several weeks ago.
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▪ Chevron/Akwa (Akhannouch family) to combine lubricant production and logistics at a single hub ($31m)
▪ The Afriquia Lubrifiants joint-venture was established in 2006 and is now held in equal parts by the partners following the capital increase by Chevron several weeks ago.
▪ https://www.africabusinessplus.com/en/801021/chevron-akwa-famille-akhannouch-va-integrer-la-chaine-de-production-et-de-logistique-dans-les-lubrifiants-sur-une-plateforme-unique-28-millions-e/
The joint undertaking now aims to develop business in high-end Chevron brand products.
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