BUA Group, a leading Foods, Mining & Infrastructure Conglomerate based in Lagos, Nigeria, has selected Axens (Rueil-Malmaison, France) 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”.