• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, June 16, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Indorama Ventures, Nigerian Breweries Partner on Major rPET Plant in Nigeria

Olushola Bello by Olushola Bello
3 months ago
in Business
Indorama
Share on WhatsAppShare on FacebookShare on XTelegram

Indorama Ventures has entered a strategic partnership with Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd to develop one of Africa’s largest recycled polyethene terephthalate (rPET) production facilities in Nigeria.

The companies announced that the facility, to be located in Lagos, will have a planned capacity to produce up to 45,000 tonnes of food-grade rPET resin annually, with operations expected to commence in the first half of 2027.

According to the partners, the initiative will also help strengthen Nigeria’s recycling ecosystem by improving waste collection systems, creating jobs, and expanding participation across the recycling value chain.

The collaboration brings together different capabilities across the PET value chain. Indorama Ventures, regarded as one of the world’s largest recyclers of PET used in beverage packaging, will provide technical expertise in sustainable materials and recycling technology.

 

Nigerian Breweries, a subsidiary of Heineken N.V., will contribute local market knowledge and industry engagement within Nigeria’s beverage sector.

 

RELATED NEWS

Nigerians Turning To Stablecoins For Remittances Amid $59bn Crypto Inflows —IMF

FG Begins Construction Of 500-Bull-per-day Abattoir In Jos

Petrol Prices To Fall After Dangote Refinery Cuts Gantry Rate To N1,175/L

Genesis Power & Energy Solutions will support the project with infrastructure and sustainable energy expertise to power the facility.

 

The partners said the project remains subject to regulatory approvals, technical validation and operational implementation before full development begins.

 

Commenting on the partnership, executive president of Petchem and chairman of the ESG Council at Indorama Ventures, Yash Lohia, described the investment as a significant step in expanding the company’s global recycling footprint.

 

He said the project would bring the company’s recycling technologies and circular economy expertise to a region with growing demand for sustainable packaging solutions.

 

Indorama Ventures currently operates 20 recycling facilities across 11 countries and has recycled more than 160 billion post-consumer PET bottles into reusable materials.

 

Also speaking on the initiative, Chairman and Chief Executive Officer of Genesis Energy, Akinwole II Omoboriowo, said the partnership reflects the role of cross-sector collaboration in advancing sustainable industrial development.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

OTHER NEWS UPDATES

IMF Projects Nigeria To Become Africa’s Third Largest Economy By 2026
Business

Nigerians Turning To Stablecoins For Remittances Amid $59bn Crypto Inflows —IMF

7 minutes ago
FG Begins Construction Of 500-Bull-per-day Abattoir In Jos
Business

FG Begins Construction Of 500-Bull-per-day Abattoir In Jos

4 hours ago
‘No Special Treatment For MRS, All Marketers Buy Petrol On Equal Terms’, Dangote Clarifies
Business

Petrol Prices To Fall After Dangote Refinery Cuts Gantry Rate To N1,175/L

5 hours ago
Next Post
Entrepreneur Babayeju Inducted Into Chartered Bankers’ Institute

Entrepreneur Babayeju Inducted Into Chartered Bankers' Institute

Advertisement

LATEST UPDATE

World Cup 2026: Vozinha’s Instagram Followers Surge To 7.6m After Stunning Performance Against Spain

3 minutes ago

World Cup: Senegal Brush Aside Fan Visa Setback Ahead Of France Clash

5 minutes ago

Nigerians Turning To Stablecoins For Remittances Amid $59bn Crypto Inflows —IMF

7 minutes ago

Alleged N110bn Fraud: Court Dismisses Ex-Governor Bello’s Application Challenging Court’s Jurisdiction

8 minutes ago

Maguire Opens Up On Awkward’ Tuchel Call After England World Cup Omission

9 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.