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Wednesday, 26 July 2017

Acting Pres. Osinbanjo jets To Port Harcourt For Inauguration Of $1.5billion Indorama Fertilizer Plant


Acting President Yemi Osinbajo, SAN, will introduce another world-class manure plant worked by
Indorama Eleme Fertilizer and Chemicals Limited, today in Port Harcourt, Rivers State.

The plant with generation limit with respect to 1.5 million Metric Tons of Urea manure is viewed as the world's biggest single-prepare Urea plant.


Eleme Petrochemicals Company Ltd, now Indorama Eleme Fertilizer and Chemicals Limited was privatized in 2006 after the sale of Federal Government’s 75 percent shares to a core investor through a competitive bidding process.

The Plant has a production capacity of 4000 metric tons (MT) of nitrogenous fertilizer per day or 1.5 MT per annum and was built with an investment of USD 1.5 billion.

The fertilizer plant is supported by a Port Terminal at the nearby Onne Port Complex, and a Gas Pipeline of 83.5KM for gas supply.

The plant will bring about a green revolution in the agriculture sector not only in Nigeria but also in other parts of Africa and beyond, in line with the economic diversification of the Buhari administration.

Besides making fertilizer available to farmers nationwide at affordable cost, the plant will also boost crop yield for farmers and help in minimizing the food grain deficit in Nigeria

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