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Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessDangote Refinery Moves Into Plastics & Detergents, Targets Global Market (12684 Views)

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Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by RichBoy247: 11:50am On Apr 22
esnbrutality:
Dangote for North and SW...

In Biafra..entrepreneurs will be actively competing against each other.

SW needs to enjoy Dangote and his penchant for astronomical prices. Imagine buying a Bag of cement for almost 7-8k, when the raw material is directly located near his factory.

Igbos, hustle hard for Biafra, because those supporting Dangote will still protest against him and tell him he is not from their land and he should carry he factory back to the NORTH. grin
.
Easy to know them. Hatred and bitterness filled people
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by GaskiyaTV: 12:00pm On Apr 22
esnbrutality:
Dangote for North and SW...

In Biafra..entrepreneurs will be actively competing against each other.

SW needs to enjoy Dangote and his penchant for astronomical prices. Imagine buying a Bag of cement for almost 7-8k, when the raw material is directly located near his factory.

Igbos, hustle hard for Biafra, because those supporting Dangote will still protest against him and tell him he is not from their land and he should carry he factory back to the NORTH. grin
It will never be well with the person that did this to you.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Eriokanmi: 12:00pm On Apr 22
He has the materials. Nothing must be wasted. God please spare this man's life for us
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by NOETHNICITY(m): 12:02pm On Apr 22
God give us 100 Dangotes to transform Nigeria
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Emeskhalifa(m): 12:03pm On Apr 22
Emu4life:
Alh Alinko, abeg consider Steel Industry nah.

I take God beg you..
Me na Nepa I want make e go into ooo

We don too suffer lack of constant electricity for this country in the hands of our good for nothing politicians. I don't care if he privatise it, let there be stable light just like in every other country
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by ufotunang: 12:05pm On Apr 22
Olachase:
Wetin this man day find enter detergents again

Before we know now Viva soap go leave the market for Dangote
..he has the right to involve in any business... there must be competition in business..so viva should know that it will have competitors in detergent business and be ready to competite with it's competitors
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Inspirer1: 12:05pm On Apr 22
Next is for government to ban imported raw materials that businesses producing those items have been using, then price of those products will shoot up.... its dejavu
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by ufotunang: 12:09pm On Apr 22
This man knows businesses.. that is why like the private sector, entrepreneurs... They create jobs .. direct and indirect jobs and also boost the economy...that is why the federal government should provide a conducive environment for businesses companies industries to thrive and excel.. especially provide constant electricity light supply it boost and springs up industrialization in a country and turn that country to a producing economy and industrialized country
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by NOETHNICITY(m): 12:14pm On Apr 22
esnbrutality:
Dangote for North and SW...

In Biafra..entrepreneurs will be actively competing against each other.

SW needs to enjoy Dangote and his penchant for astronomical prices. Imagine buying a Bag of cement for almost 7-8k, when the raw material is directly located near his factory.

Igbos, hustle hard for Biafra, because those supporting Dangote will still protest against him and tell him he is not from their land and he should carry he factory back to the NORTH. grin
Eyaaaaah, sorry for your inner pain, Sir.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by keemsleek(m): 12:16pm On Apr 22
GaskiyaTV:
It will never be well with the person that did this to you.
I always overlook the guy talk. Not all igbo thinks and talk like him, u might be shocked on lives in lag or he has never stepped out of his place before.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Gboss247(m): 12:17pm On Apr 22
Harry830:
Nothing go positive, this was less during the refinary period, we where expecting to buy fuel as low as 300 to 500, but after finishing the refinary it got worse, no particular value, na just for him pocket
You were expecting to buy a litre of petrol between ₦300 and ₦500 when Tinubu promised to reduce your purchasing power during his electoral campaign?
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Metrofox(m): 12:22pm On Apr 22
Empredboy:
Be ready to buy detergent for 5k and plastic plate that is presently sold for less than #500 to be sold for #7000 for one.
Using this guy history to predict the market future, he enter cement as less than #1500 now cement is #12000.
Sugar less that 5k before he entered sugar now sugar is over #50000
Supergetti before he started producing it , it was less that. 1k per carton now it's more that #5k per carton,, fuel nko? You all know that.
grin go school you no gree. Naira 165 to 1400 also because of Dangote
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Iyobaba: 12:27pm On Apr 22
esnbrutality:
Dangote for North and SW...

In Biafra..entrepreneurs will be actively competing against each other.

SW needs to enjoy Dangote and his penchant for astronomical prices. Imagine buying a Bag of cement for almost 7-8k, when the raw material is directly located near his factory.

Igbos, hustle hard for Biafra, because those supporting Dangote will still protest against him and tell him he is not from their land and he should carry he factory back to the NORTH. grin
You just described the SW as a capitalist economy and the Ibos as the opposite.
This means the SW is an open and free market. No wonder they're flourishing.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Meteng: 12:31pm On Apr 22
Olachase:
Wetin this man day find enter detergents again

Before we know now Viva soap go leave the market for Dangote
And the price go come double
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by IbileIfe: 12:34pm On Apr 22
The Dangote Refinery is more than crude oil, petrol, gas, and engine oil.
The biggest and largest money spinner is actually the petroleum cosmetic products.
This is the gold mine that can Alhaji Aliko Dangote to join the top 10 richest people in the world.

The cosmetic-grade petroleum jelly market is a rapidly expanding sector, with recent estimates placing its value at $12.9 billion in 2025. This market is projected to experience strong growth, reaching approximately $23.94 billion by 2033, driven by rising demand in personal care products, skincare, and innovative applications.

Market Segmentation and Key Data
Market Growth:

The cosmetic-grade segment is expected to grow at a CAGR of 8.03% from 2026 to 2033.

Material Market Value:
The broader "petroleum jelly material market" (which includes cosmetic, pharmaceutical, and industrial grades) was valued at roughly $2.45 billion in 2024 and is expected to reach over $4 billion by 2033.

Regional Dominance:
North America is the largest market, holding approximately 35% of the global share, followed by Europe with roughly 25%.

Key Trends Driving the Market
Product Innovation:

High demand for refined, high-quality white petroleum jelly in premium skincare products.

Personal Care Expansion:
Increasing use in moisturizing creams, lotions, and sun protection products.

Consumer Trends:
While "natural" trends exist, petroleum jelly remains in high demand for its occlusive properties (moisture retention) and safe, inert nature in personal care formulations.

The market is characterized by high competition and significant investment in regional manufacturing, particularly in Asia-Pacific and Africa.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Ijaya123: 12:37pm On Apr 22
Emu4life:
Alh Alinko, abeg consider Steel Industry nah.

I take God beg you..
What happened to other businessmen?
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Ijaya123: 12:39pm On Apr 22
bandad:
Make government finish the ones they abandoned all over the country na.
Government have no business running businesses.

They should be sold off to private investors
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by bluejay05: 12:41pm On Apr 22
Topman7:
Maybe he's wary of the same international cabal that stopped Ajaokuta.
No, he has already said it in one of his interviews when he went to Bahamas. When the interviewer asked him if the refinery is the bustop , he said "No, we are still moving, after this refinery, we want to make sure that every single steel being used in west Africa comes from Nigeria, we are building one of the biggest steel refining plant in Africa" you can check the interview on YouTube. Just type dsngote interview in Bahamas. His next move is steel. I heard he's looking at building the plant in one of these states, Lagos, Ogunlana or Ondo state because of he wants the plant to be close to his deep seaport in Ogun state because of logistics reasons.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by ericmor: 12:44pm On Apr 22
Parachoko:
A good news. The cost of making Detergents and plastics in Nigeria will fall
You mean rise?
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by ericmor: 12:46pm On Apr 22
NOETHNICITY:
God give us 100 Dangotes to transform Nigeria
They are out there but the government will never give them the chance because dangote is with the government and he have the money power to pay the government so he can remain the only functioning company at the top there
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by SmartyPants(m): 12:48pm On Apr 22
Empredboy:
Be ready to buy detergent for 5k and plastic plate that is presently sold for less than #500 to be sold for #7000 for one.
Using this guy history to predict the market future, he enter cement as less than #1500 now cement is #12000.
Sugar less that 5k before he entered sugar now sugar is over #50000
Supergetti before he started producing it , it was less that. 1k per carton now it's more that #5k per carton,, fuel nko? You all know that.
You have five minutes to do the needful. undecided
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by 89green: 12:56pm On Apr 22
When is the IPO pls
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by kingjayzeelan07: 1:00pm On Apr 22
Olachase:
Wetin this man day find enter detergents again

Before we know now Viva soap go leave the market for Dangote
na raw materials he dey produce not finished consumer goods like the viva soap your talking about
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by alanto: 1:02pm On Apr 22
Topman7:
Maybe he's wary of the same international cabal that stopped Ajaokuta.
I think he tried with Ajaokuta. Not really sure what deal he had with the government but Yahaya Bellow frustrate the man well that year.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by NOETHNICITY(m): 1:08pm On Apr 22
ericmor:
They are out there but the government will never give them the chance because dangote is with the government and he have the money power to pay the government so he can remain the only functioning company at the top there
This is the very lie we have been fed for decades.

Was Dangote the only one given license to establish a refinery? He happens to be the only one who has the balls to sink 20 billion dollars into a project with no future guarantees
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by fitinwell: 1:41pm On Apr 22
brain54:
Dangote has incredibly great business vision...

The man is greedy and hard though. Forget his physically disarming and charming looks.


But truth is you can't attain his level of success without those qualities... and more!
How do you mean "the man is greedy'?

If Dangote is greedy , he should have built for himself the largest Mosque, ,..for worshippers..

How many Christian dome , has this business initiative like Dangote.

Our vast lands with natural resources below the surface of earth are buried by Largest Christian worship centers, generating monthly incomes in billions.

When you ask what they use the money for.. u will hear for propagation of the kingdom of God. And welfare of selected and privileged individuals.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Antoeni(m): 1:46pm On Apr 22
He Will soon Go into Diddo And Condom Production
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by esnbrutality: 2:44pm On Apr 22
Capitalist...

Anyway, it has been proven beyond doubt that you like hallucinations more than glaring truths.

Capitalist abi?

Time is a Gentleman grin



Iyobaba:
You just described the SW as a capitalist economy and the Ibos as the opposite.
This means the SW is an open and free market. No wonder they're flourishing.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by CodeTemplar: 2:45pm On Apr 22
These are some of the raw materials Tinubu was suppose to target to help engage SMEs. He is chasing taxes and levies.
Obi would probably be more disposed to engaging local production.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by esnbrutality: 2:46pm On Apr 22
I am exposing you and you are consoling me?

Anyway, enjoy... grin


NOETHNICITY:
Eyaaaaah, sorry for your inner pain, Sir.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by TEYA: 2:46pm On Apr 22
Olachase:
Wetin this man day find enter detergents again

Before we know now Viva soap go leave the market for Dangote
They can be made from by products of petroleum. Mumu NNPC will rather ignore all that. No sensible entrepreneur will ignore that.
Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by TEYA: 2:48pm On Apr 22
Topman7:
Maybe he's wary of the same international cabal that stopped Ajaokuta.
If he is interested he will do it. Are they worse than the cabals that fought against our refineries?
1 2 3 Reply

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