BUA (A. Rabiu) encroaches on Dangote’s territory with refinery project supported by Axens
On 1 September, the Nigerian giant founded by Abdulsamad Rabiu and Dangote’s competitor, confirmed the signing of an agreement with French company Axens to build a clean fuel refinery with a capacity of 10m tonnes per year.
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▪ BUA (A. Rabiu) encroaches on Dangote’s territory with refinery project supported by Axens
▪ On 1 September, the Nigerian giant founded by Abdulsamad Rabiu and Dangote’s competitor, confirmed the signing of an agreement with French company Axens to build a clean fuel refinery with a capacity of 10m tonnes per year.
▪ https://www.africabusinessplus.com/en/805302/bua-a-rabiu-encroaches-on-dangotes-territory-with-refinery-project-supported-by-axens/
Announcements do not always come from where one might expect. Indeed, while Dangote has been planning to launch a giant refinery in Nigeria, a project postponed until the end of 2020, other players are coming out of the woodwork – this time, it is BUA Group.
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