Axens has announced BUA Group, Nigeria has awarded it a contract for 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”.