Indorama Ventures, Nigerian Breweries, and Genesis Power & Energy Solutions have agreed to set up a large-scale recycled polyethylene terephthalate (rPET) facility in Lagos, Nigeria.
The planned site is expected to have the capacity to produce up to 45,000tpa of food-grade rPET resin.
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Operations are expected to begin in the first half of 2027.
The facility will process used PET bottles into new packaging materials, addressing demand for recycled content and aiming to reduce plastic waste.
The initiative also plans to improve local collection systems and create jobs within the recycling sector.
Indorama Ventures will provide its expertise in PET recycling while Nigerian Breweries will contribute knowledge of the local beverage market.
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By GlobalDataGenesis Energy is involved in developing sustainable infrastructure and energy solutions for the project.
Completion of the plant is subject to regulatory approval and technical checks.
If realised as proposed, this would be Indorama Ventures’ first such investment on the African continent and its largest recycling operation globally.
The company currently operates 20 recycling facilities in 11 countries.
Apart from industrial aims, the partners say the venture could support environmental goals by diverting more plastic waste from landfills and encouraging local community involvement in waste collection and recycling.
Indorama Ventures Petchem executive president and ESG Council chairman Yash Lohia said: “This partnership marks a defining milestone in our global recycling journey. By establishing our largest recycling facility to date and one of the largest rPET sites in Africa, we are bringing Indorama Ventures’ global expertise, proven technologies, and long-term vision for circularity to a region with immense growth potential.
“This investment reflects our belief that scaling sustainability solutions locally is essential to building resilient, sustainable packaging systems that deliver lasting environmental and economic value.”
Last month, Indorama Ventures collaborated with AMB Spa to develop a multilayer PET tray for food packaging, using recycled PET flakes at its core and virgin PET on outer layers.
