Browsing Tag
XCMG
3 posts
Dangote’s refinery is valued near $47bn before capacity doubles
Dangote Petroleum Refinery has regulatory approval to offer 4.1 billion shares at ₦525 each, potentially bringing in about ₦2.15 trillion while valuing the business near $47 billion. Yet the base IPO represents only about 3.3% of enlarged shares. Investors are therefore being asked to price a $20 billion refinery not just on its current 700,000 bpd capability, but on the plan to double capacity to 1.4 million bpd.
XCMG expands European partner ecosystem with electrification, smart tech, and logistics investments across Germany, Turkey, and the UK
XCMG (SHE:000425) advances its "In Europe, For Europe" strategy through new electrification, logistics, and intelligent tech partnerships in Germany, Turkey, and the UK.
XCMG rolls out three new excavators for Indian market
XCMG, a Chinese multinational heavy machinery manufacturing company, has introduced three new excavators designed especially for the Indian…