Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market (12684 Views)
| Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by RichBoy247: 11:50am On Apr 22 |
esnbrutality:. 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: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: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:..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: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: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: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: 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: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: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:What happened to other businessmen? |
| Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by Ijaya123: 12:39pm On Apr 22 |
bandad: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: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:You mean rise? |
| Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by ericmor: 12:46pm On Apr 22 |
NOETHNICITY: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:You have five minutes to do the needful. ![]() |
| 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: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: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: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: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 ![]() Iyobaba: |
| 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... ![]() NOETHNICITY: |
| Re: Dangote Refinery Moves Into Plastics & Detergents, Targets Global Market by TEYA: 2:46pm On Apr 22 |
Olachase: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:If he is interested he will do it. Are they worse than the cabals that fought against our refineries? |
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