Nigeria - Indorama Fertilizer Plant


Project Summary

Approval Date 30 Jan 2013
Signature Date 18 Feb 2013
Sovereign / Non-Sovereign Non Sovereign
Sector Power
DAC Sector Code 23062
Commitment U.A 72,162,567.83
Status Implementation

Project General Description

This project consists of the construction and operation of a 1.4 MTPA gas to urea fertilizer plant to be located in Port Harcourt, River State, Nigeria. The plant will be located in the Eleme’s existing industrial complex and will use 38 ha of land out of the 235 ha of surplus land currently available. Urea will be sold in export (80% to 50%) and domestic market (20% to 50%). Targeted markets are Nigeria, South Africa, Ghana, Benin, USA, Brazil, UK and India. Other project components will include: (i) a 84km pipeline; and (ii) a multipurpose jetty and terminal infrastructure at Onne Port (16km from project site). The project will address one of the significant constraints to agriculture growth and development in Nigeria (and the entire African Continent) which remains the lack of adequate fertilizer utilization. It will have a direct effect on the rate of economic development and is fundamental to sustainable economic growth for the FGN. Its total cost is estimated at USD 1.2 billion.

Project Objectives

The project aims to support "Indorama Eleme Fertilizer & Chemicals Ltd Nigeria" to increase its urea fertilizer production capacity by more than 2.8 million tonnes. More precisely, it is: (i) expand the firm's ability to supply competitive and high-quality fertilizer to farmers in West Africa and around the world; (ii) promote the increase in domestic fertilizer consumption.

Beneficiaries

The project will essentially benefit the firm "Indorama Eleme Fertilizer & Chemicals Ltd Nigeria", fertilizer producers in general and farmers who will be able to access quality fertilizers at a lower cost.

Participating Organization

Funding
African Development Bank

Information

IATI identifier 46002-P-NG-FD0-002
Last Update 31 Oct 2019

Export

Contact Details

Email private-sector@afdb.org

Geographic Location

Country Nigeria
Coordinates Location Name
4.74974 6.82766 Rivers State
5.34167 6.65556 Ogba/Egbema/Ndoni
4.78741 7.14369 Eleme Local Government Area
4.82642 7.10232 Indorama Fertiliser Plant