GP Aims for Africa
- November 30, 2014
- Posted by: admin
- Category: Press Release
Prospects for Africa’s economic growth are on the rise, as witnessed at the Africa rising conference sponsored by the International Monetary Fund in May 2014. According Africa’s Pulse, the World Bank’s biannual analysis of issues shaping Africa’s economic landscape, GDPs in sub-Saharan Africa will increase from 4.7 percent in 2013 to 5.2 percent in 2014.
“This performance is driven by rising investment in natural resources and infrastructure and strong household spending,” the report emphasized. Consequently, many global brands see investment in Africa as part of a solid strategy for global consolidation. General Petroleum GmbH, headquartered in Frankfurt, Germany, is no different. It is a global brand with an eye on the future of Africa.
General Petroleum ran its African operations from its offices in Dubai, United Arab Emirates, since 2006. But in 2013, it decided to consolidate its African operations in Dar es Salaam, Tanzania, where it established a blending plant.
“We had a long history in Africa even before building our own plant in Tanzania,” said Irfan Khan, general manager of operations in Tanzania. Earlier, customers from Africa contacted our U.A.E. office to buy finished lubes so, we already had relationships here.
GP’s Blend Plant
Lubes‘n’Greases toured General Petroleum’s Dar es Salaam blending plant in July to gain an understanding of its operations and the company’s plans for the future. The plant has the capability to produce 60,000 metric tons of lubricants per year. It includes five storage tanks for base oils totaling 500,000 liters from which it supplies its production lines.
To see full story visit link: Lube’n’Greese Publication (Dec-2014)