Brenntag Chemicals Nigeria Ltd was recently established in Lagos, Nigeria.
The company says the country is currently ranking number one in terms of gross domestic product in Africa and is one of the world’s largest producers of oil and gas.
It says the country holds potential for the distribution of chemicals in the oil and gas sector and serves as a regional and pan-African production center for many industries such as paint, cosmetics, food and agriculture and water treatment.
“We have been exporting to Nigeria for over 30 years and now expand our local business. For us Nigeria is a key market in the region,” says Karsten Beckmann, CEO Brenntag Europe, Middle East and Africa.
“With this new entity, which we established closely working together with our subsidiary the Multisol Group, focused on high value fuel and lubricant additives, we want to improve our services to customers and suppliers in the region also by offering warehouse services locally.”
“By establishing this legal entity we will also improve our service capabilities to the lubricants additives market”, he adds.
Besides the new setup, Brenntag has offices in the Maghreb region, Ghana and South Africa.