Indorama To Commission US$1.4billion Fertilizer Plant In Nigeria

Indorama Eleme Fertilizer and Chemical Limited is set to commission the new $1.4 billion dollars fertilizer plant in Port Harcourt.

Speaking during a press conference in Eleme Port Harcourt, at the weekend the managing director, Indorama Nigeria, Manish Mundra said that the plant has a capacity to produce 4,000 metric tons of fertilizer per day, a quantity which he said is believed to satisfy high percentage of demand of fertilizer in the country.

He stated that the investment will create more employment opportunity in the country, increase revenue for the Nigeria Ports Authority (NPA) and related government agencies as well as empower the host community.

He noted that the pre-commissioning activities are also taking place in critical section in the plant such as primary and secondary reformers, granulation and material handling systems, among others.

Mundra said: “Indorama Eleme Petrochemicals Limited (EPL) and its sister company Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) are partnering with Messrs OIS to build a new world-class port terminal complex at Onne Port, near Port Harcourt, Rivers State at a cost of US $130 million dollars. The project has been completed and ready for commissioning.”

He said the project which is a huge Foreign Direct Investment (FDI) in the maritime sector, would be a major boost to Nigeria’s industrialization process and economic development. “This investment shows our deep commitment in fostering socio-economic prosperity of Nigeria.”