Indorama Ventures Public Company Limited, Nigerian Breweries Plc, and Genesis Power & Energy Solutions Limited have formed a strategic alliance to develop one of Africa’s largest and most advanced recycled PET (rPET) production facilities in Nigeria. The partnership represents a major step toward strengthening circular economy systems and promoting sustainable packaging solutions in the region.
The planned facility, to be located in Lagos, will have the capacity to produce up to 45,000 tonnes of food-grade rPET resin annually. Operations are expected to commence in the first half of 2027.
The project aims to convert used PET bottles into high-quality recycled materials for packaging applications. By doing so, the partners intend to address the growing demand for recycled content, reduce plastic waste, and generate economic value locally through stronger collection networks, job creation, and greater participation in the recycling value chain.
According to a joint statement from the companies, the partnership brings together complementary expertise across the PET ecosystem. Indorama Ventures, the world’s largest recycler of PET for beverage packaging, will contribute its experience in sustainable materials development. Nigerian Breweries, a Heineken operating company, will provide deep knowledge of Nigeria’s beverage market and industry network, while Genesis Energy will support the project with its capabilities in sustainable infrastructure and energy.
The companies noted that the initiative will help expand recycling capacity in Nigeria, subject to regulatory approvals, technical validation, and operational execution. Their goal is to establish commercially viable rPET operations that support responsible growth and deliver long-term environmental benefits.
The project also aligns with Nigeria’s National Policy on Plastic Waste Management introduced in 2020, which aims to ensure that all plastic packaging in the country becomes recyclable, biodegradable, compostable, or reusable by 2030. Lagos, as Nigeria’s commercial hub, provides a strategic location for building recycling infrastructure that can serve both national and regional markets.
Executive President of Petchem and Chairman of the ESG Council at Indorama Ventures, Yash Lohia, described the partnership as a significant milestone in the company’s global recycling strategy.
He noted that the new facility will be Indorama Ventures’ largest recycling plant to date and one of the biggest rPET facilities in Africa, bringing the company’s global expertise and advanced technologies to a region with strong growth potential.
Indorama Ventures currently operates 20 recycling facilities across 11 countries and has recycled more than 160 billion post-consumer PET bottles into high-quality materials. The Nigeria project marks the company’s first recycling investment in Africa and highlights its commitment to expanding circular infrastructure, advancing recycling technologies, and strengthening partnerships that support collection, education, and innovation in the recycling ecosystem.
Chairman and CEO of Genesis Energy, Akinwole Omoboriowo, said the project demonstrates the company’s commitment to investing in climate-resilient projects while leveraging clean energy to support sustainable economic opportunities.
He added that the collaboration highlights how cross-sector partnerships can drive sustainable industrial growth by combining circular economy principles with resilient infrastructure and energy solutions.
Beyond industrial development, the project is also expected to contribute to broader environmental and socio-economic goals by boosting PET bottle collection, reducing plastic waste sent to landfills, and promoting better waste management practices through engagement with local communities.
The partners noted that signing the agreement marks the first step in a long-term development plan and reflects their shared commitment to responsible investment, sustainable packaging solutions, and supporting Nigeria’s transition to a more circular and resource-efficient economy.
