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Axens selected for BUA Group integrated refinery and petrochemical project in Nigeria

SEPTEMBER 1 - 2020
Axens selected for BUA Group project

Rueil Malmaison, France. Axens announces today to be awarded by BUA Group, a leading Foods, Mining & Infrastructure Conglomerate based in Lagos, Nigeria 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”.


About BUA Group
Established in 1988, BUA Group is one of Africa’s largest diversified groups operating out of Nigeria with its key interests in foods, mining, manufacturing and infrastructure. Its vision is to unlock opportunities that will drive sustainable development whilst providing value to all stakeholders and the African continent.
The Group’s investments span the following sectors: Cement, Sugar, Flour, Pasta, Steel, Rice, Real Estate, Logistics, Ports and Terminals with a core focus on building local manufacturing capacity to generate employment, and provide high quality products and develop the African continent. www.buagroup.com


About Axens
Axens is a group providing a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates as well as all of natural gas' treatment and conversion options. The offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility study to unit start-up and follow-up throughout the entire unit cycle life. This unique position ensures the highest level of performance with a reduced environmental footprint. Axens global offer is based on highly trained human resources, modern production facilities and an extended global network for industrial, technical supports & commercial services. Axens is an IFP Group company.

 

Press Contact:

Corinne GARRIGA

Head of Axens Group Communications
corinne.garriga@axens.net

Tel.: +33 1 47 14 25 14 – Mob.: +33 6 73 85 84 02