Indorama Ventures, Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd have announced a strategic partnership to establish one of Africa’s largest recycled PET (rPET) production facilities in Nigeria.
The planned state-of-the-art facility, to be located in Lagos, will have the capacity to produce up to 45,000 tonnes of food-grade recycled PET resin annually, with operations expected to commence in the first half of 2027, subject to regulatory approvals and technical validation.
The project aims to convert post-consumer PET bottles into high-quality recycled materials for packaging applications, helping to meet rising demand for recycled content while reducing plastic waste and strengthening Nigeria’s recycling value chain.
Under the partnership, Indorama Ventures will bring its global expertise in PET recycling and sustainable materials development. Nigerian Breweries, a subsidiary of Heineken, will provide local market insight and industry engagement across Nigeria’s beverage sector, while Genesis Energy will support the project with sustainable infrastructure and energy solutions.
The partners said the initiative is expected to boost recycling capacity in Nigeria, create jobs, and enhance participation across the waste collection and recycling ecosystem.
The project also aligns with Nigeria’s National Policy on Plastic Waste Management, introduced in 2020 to strengthen recycling and circular economy solutions, with the goal of ensuring that all plastic packaging becomes recyclable, biodegradable, compostable, or reusable by 2030.
Executive President of Petchem at Indorama Ventures, Yash Lohia, described the partnership as a major milestone in the company’s global recycling strategy.
According to him, the facility will be Indorama Ventures’ first recycling investment in Africa and its largest recycling plant worldwide, reflecting the company’s long-term commitment to sustainable packaging and circular economy solutions.
Chairman and CEO of Genesis Energy, Akinwole II Omoboriowo, said the collaboration demonstrates how cross-sector partnerships can drive climate-resilient investments and sustainable industrial development across Africa.
He noted that combining circular economy principles with resilient energy infrastructure would help deliver environmental benefits while creating economic opportunities.
Beyond industrial investment, the partners said the project will support broader environmental goals by increasing PET collection, reducing plastic waste sent to landfills, and engaging communities in recycling initiatives.
The agreement marks the first phase of a long-term development roadmap aimed at expanding sustainable packaging solutions and strengthening Nigeria’s transition toward a circular and resource-efficient economy.
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