Indorama and Nigerian Breweries to build major PET recycling plant in Lagos
Indorama Ventures Public Company Limited, Nigerian Breweries Plc, and Genesis Power & Energy Solutions Ltd have announced a strategic partnership to develop one of Africa’s largest recycled PET production facilities in Lagos. The new plant aims to produce up to 45,000 tons of food-grade recycled PET resin annually, supporting Nigeria’s circular economy and sustainable packaging goals. The initiative is expected to reduce plastic waste, create jobs, and strengthen local recycling infrastructure. The partnership combines global expertise, local market knowledge, and sustainable energy solutions.
TLDR
- Indorama Ventures, Nigerian Breweries Plc, and Genesis Power & Energy Solutions Ltd are collaborating to establish a large-scale recycled PET plant in Lagos.
- The facility will have the capacity to produce up to 45,000 tons of food-grade recycled PET resin each year.
- The project supports Nigeria’s National Policy on Plastic Waste Management, aiming for all plastic packaging to be recyclable, biodegradable, compostable, or reusable by 2030.
- Indorama Ventures brings global recycling expertise, while Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd provide local market and sustainable infrastructure support.
- The initiative is expected to advance environmental impact, local value creation, and responsible growth in Nigeria’s packaging and recycling sectors.
