he management of Indorama Eleme Petrochemicals Limited had affirmed on Friday that all plans have been concluded towards setting up one of Africa’s largest fertiliser plants in Eleme, Rivers State.
Disclosing this during a visit by the National Good Governance Team to the company in continuation of its project tour in the state, the MD said that the plant would be designed to produce 1.4 million tonnes of fertiliser annually, and would start production by the fourth quarter of 2015.
He said the plant would be involved in the production of Urea, NPK and other types of fertilisers if work is concluded as planned.
Mundra said that the project was part of the company’s efforts towards making Nigeria the largest petrochemical location in Africa by the year 2017.
He said that a Chinese company, Toyo Engineering Ltd would handle the project and would equally get its feed stock from natural gas.
In his words, Information Minister, Mr Labaran Maku praised the company’s unquantified performance, asserting that it had contributed greatly to the nation’s economy since its existence, especially between 2007 and 2012.