Dangote to break ground for Sh2.2trn Lamu oil refinery on September 30
A new oil refinery project would add future capacity for processing crude into fuels and related products in the region.
Source →The trace
How it reaches your house.
Starting from Dangote Cement, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Crude Oil Feedstock →supply upA new refinery’s added processing capacity should directly increase availability of gasoline and diesel, which are critical crude-derived outputs.
87% confidenceCrude Oil Feedstock →supply upAdditional crude-processing capacity should also raise home heating oil supply, another critical downstream fuel product.
85% confidenceCanadian crude oil imports →supply upAdded refinery capacity should increase output of refined products, and this input has a fairly strong dependency into jet fuel production.
Hop 2
Gasoline and diesel →Prices riseAdded refinery capacity increases gasoline and diesel production, which directly raises demand for crude feedstock under this critical 1.0 dependency and can lift its price.
87% confidenceJet fuel →supply upRefining and hydrotreatment
The refinery project directly expands refining and hydrotreatment capacity, making this process step more available.
84% confidenceHome heating oil →Prices riseAdded refinery capacity raises crude throughput, so the critical crude-feedstock input faces stronger demand and higher prices.
Hop 3
Hydrotreating Catalysts (CoMo/NiMo) →Stands to benefitTopsoe A/STOPSOE.CO
A new refinery increases demand for hydrotreating catalysts, and Topsoe's 40% share means it should capture a large share of the incremental orders.
66% confidenceHydrogen (refinery-grade) →Stands to benefitAir Products and Chemicals, Inc.APD
A new refinery adds future demand for refinery-grade hydrogen, and Air Products has the largest listed share of this input supply, so it stands to benefit.
66% confidenceHydrogen (refinery-grade) →Stands to benefitHop 4
Linde plc →Prices riseA new refinery increases demand for refinery-grade hydrogen used in refining processes, tightening that market; Linde is a major supplier on this edge (35% share).
79% confidenceTopsoe A/S →Stands to benefitHydrotreating Catalysts (CoMo/NiMo)
A new refinery buildout should raise demand for hydrotreating catalysts used in fuel processing, and Topsoe's 40% share with low substitutability implies a meaningful benefit.
75% confidenceAlbemarle Corporation (Ketjen Catalysts) →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil · Jet fuel
In the MyPRIA app, this is checked against your own holdings.