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.
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.
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.