Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day — a scale that could position it as the world’s largest refinery.
The agreement enables the acquisition of a broad range of advanced construction equipment to support ongoing and planned projects spanning refining, petrochemicals, agriculture and major infrastructure development. The additional assets will complement equipment already deployed for the refinery expansion, which is projected for completion within three years.
Beyond refining, the programme targets major output increases across downstream segments. Polypropylene production is expected to rise from 900,000 metric tonnes per annum to 2.4 million metric tonnes, while urea capacity in Nigeria will triple from 3 million to 9 million metric tonnes annually. This will be added to the Group’s existing 3 million metric tonnes capacity in Ethiopia, reinforcing its standing as the world’s largest urea producer.
Linear Alkyl Benzene (LAB) capacity will also increase to 400,000 metric tonnes per annum, positioning the Group among Africa’s leading producers and boosting supply to detergent and cleaning-products manufacturers. Additional base oil production capacity forms part of the wider expansion plan.
In a statement, the conglomerate described the agreement as a strategic investment designed to deepen its construction footprint and advance its ambition of building a $100 billion enterprise by 2030.
“The additional equipment we are acquiring under this partnership will significantly enhance execution across our projects. With this investment, we are positioning ourselves to become the number one construction company in the world,” the statement said.
The Group said it is accelerating expansion and regional market development as it pursues its long-term growth target.
