Our Brief History

Wabeco Petroleum Limited (formerly West African Bitumen Emulsion Company Ltd) was founded in 1979 as a response to a massive road development program in Nigeria requiring large quantities of bituminous products for road surfacing. In 1980 Wabeco Petroleum Limited built its first bitumen emulsion plant in Kaduna State, Northern Nigeria, next to the newly built Kaduna Refinery in order to have easy access to the main raw material bitumen, required for the manufacturing of the emulsion.

By 1996, the Nigerian government embarked upon deregulation, and Wabeco Petroleum Limited was the first indigenous company to build an import terminal for white refined products at Ibafon, Apapa, Lagos which was sold in June 2008 to make way for two state of the art depots in Calabar, Cross River State and Cotonou, Benin Republic.

In 2016, Wabeco Petroleum finished the construction of new bitumen depots in Lagos and Calabar, then concludes exciting joint venture agreement with Trafigura establishing “PE Bitumen Resources Limited” as a major local bitumen marketing company.

Our Business Today

Today, Wabeco Petroleum Limited through its joint venture partnership in PE Bitumen Limited is still a market leader in marketing bituminous products. Our strength lies with our close link to the industrial sector where we have been supplying bitumen, lubricants, and fuels to industry leaders such as Julius Berger, PW, Setraco, and Ashaka Cement (a subsidiary of Lafarge). With our ultramodern white products depot in Calabar along with our developing National retail network, Wabeco is poised to achieve its place amongst the leading indigenous downstream oil marketing companies.

why choose Us

Our Vision

The development of an extensive and sound road network will be the key in transforming Nigeria to an industrialized nation that can attract investment to create employment and wealth for its people. Through our continued involvement in bitumen together with our trading in fuels and developing retail network, Wabeco’s future will be aligned with the successful development of these key areas.

Our Mission

Wabeco Petroleum Limited will continue to be a leading company meeting the needs of the construction industry and to provide high quality products and services at competitive prices.

We will develop our asset to become a fully integrated downstream marketing company, delivering value to retail customers and consumers alike.

We will continue to add value to the Nigerian economy by ensuring that its technical know-how and knowledge is effectively disseminated.

We will provide services in an ethical and responsible manner, meeting our obligations as a good corporate citizen and offering social interaction amongst the community in which we operate.

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