Indorama Fertilizer
“We act as a stimulant in the broader economy of the country; especially Rivers State has been hugely impacted.” Munish Jindal, CEO, Indorama Eleme Fertilizer & Chemicals, Ltd
Following the investment in 2016, Indorama successfully launched the IFL phase 1 and began production in 2017. The plant launched with a production capacity of 1.4 million metric tons. This positioned Indorama as a key supplier of fertiliser across some markets in the Asian, European, African and American continents.
The completion of the plant contributed significantly to Nigeria transitioning from a net fertilizer importer to a self-sufficient producer, and now a net exporter of fertilizer. In 2017, 700,000 tons of urea were exported to West Africa and North and South American markets. In May 2021, Indorama launched Phase 2 of the Eleme fertiliser complex effectively doubling its production capacity. The plant was commissioned- mainly for export to Brazil and India.
Indorama's Journey
IMPACT
Indorama Fertilizer's ammonia-urea lines were funded by IFC (investment arm of World Bank) and various European institutions. Indorama has implemented robust Stakeholder Engagement Plan to address the social aspects.
Indorama Fertilizer created jobs and increased availability and usage of fertilizer in the country, supporting the government’s initiative to substantially grow the sector. Indorama educated more than 1 million farmers on agriculture best practices.
Indorama Fertilizer has also developed the highest ethical standard for work conditions and relationship between management, staff and labor in strict compliance with IFC Performance Standard 2.
Indorama Fertilizer joined the pledge to eliminate routine gas flaring by 2030 under the World Bank-led Global Gas Flaring Reduction Partnership, thereby reducing associated carbon dioxide emissions.
CONTENT
SOCIAL MEDIA
