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Honeywell Secures Major Contract to Supply Catalysts, Tech for Dangote Refinery 1.4 Million BPD Expansion

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Dangote Refinery has partnered with US engineering firm Honeywell to help develop and ultimately double the Lekki refinery’s capacity to 1.4 million barrels per day (bpd) by 2028.

According to Reuters, which first reported the deal, the financial terms were not disclosed. However, a source told the publication it could be valued at over $250 million.

Under the agreement, Honeywell will supply cutting edge catalysts, equipment, and technical support, allowing the Dangote refinery to process a wider range of crude grades.

This flexibility is key as Dangote prepares to add a second single train unit to its facility.

This deal positions Africa’s largest refinery on track to become one of the world’s biggest petroleum processing hubs.

Currently, the Dangote refinery has a capacity of 650,000 bpd, making it one of the largest single train refining facilities globally.

When completed, the refinery will be able to process nearly all of Nigeria’s current crude production of around 1.5 million bpd, significantly impacting the country’s energy landscape and foreign exchange earnings.

Honeywell, a global Fortune 100 industrial and technology company, offers a wide portfolio of solutions across aviation, automotive, industrial automation, and advanced materials.

Honeywell’s division UOP has been a technology partner to Dangote since 2017, providing proprietary refining systems, catalyst regeneration equipment, high performance column trays, and heat exchanger technologies that support best-in-class operations.

The collaboration is expected to boost revenues and strengthen Honeywell’s position in global energy technology solutions.

Dangote Group is also advancing its petrochemical footprint. As part of the wider collaboration, it is scaling its polypropylene capacity to 2.4 million metric tons annually using Honeywell’s Oleflex technology. Polypropylene is a key industrial material widely used across packaging, manufacturing, and automotive applications.

In addition to refining expansion, Dangote Group is progressing with the next phase of its fertiliser growth plan in Nigeria. The Group intends to increase its urea production capacity from 3 million metric tons to 9 million metric tons annually.

The existing plant consists of two trains of 1.5 million metric tons each. The expansion will add four additional trains to meet growing demand for high-quality fertiliser across Africa and global markets.



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