Indorama Ventures Public Company Limited, a global leader in sustainable chemical solutions, has partnered with Nigeria’s premier brewer, Nigerian Breweries Plc, and African clean energy firm Genesis Power & Energy Solutions Ltd to establish one of Africa’s largest recycled PET (rPET) facilities.

This strategic partnership aims to build a state-of-the-art facility in Lagos, Nigeria, designed to produce 45,000 tons of food-grade rPET resin annually. Scheduled for startup in the first half of 2027, the project will convert post-consumer PET bottles into high-quality recycled materials, strengthening the regional circular economy, reducing plastic waste, and promoting sustainable packaging value chains.

This partnership combines the complementary strengths of three industry leaders to advance the PET value chain in Nigeria. Indorama Ventures, the world's largest recycler of PET for beverages, brings expertise in sustainable materials, while Nigerian Breweries (a Heineken operating company) provides deep local market insight and engagement. Genesis Energy supports the initiative with sustainable infrastructure and energy expertise.

Subject to regulatory approvals, technical validation, and implementation, the partners aim to establish commercially viable rPET operations that promote responsible growth and long-term environmental impact in Nigeria. 

This initiative aligns with Nigeria’s National Policy on Plastic Waste Management, introduced in 2020 to strengthen collection, recycling, and circular economy solutions, with the goal that all plastic packaging be recyclable, biodegradable, compostable, or reusable by 2030. Lagos, as Nigeria’s commercial hub, provides a strategic base to develop recycling infrastructure capable of serving both national and regional demand.

Commenting on the landmark partnership, Yash Lohia, Executive President of Petchem and Chairman of ESG Council at Indorama Ventures, said, “This partnership marks a defining milestone in our global recycling journey. By establishing our largest recycling facility to date and one of the largest rPET sites in Africa, we are bringing Indorama Ventures’ global expertise, proven technologies, and long-term vision for circularity to a region with immense growth potential. This investment reflects our belief that scaling sustainability solutions locally is essential to building resilient, sustainable packaging systems that deliver lasting environmental and economic value.”

With a global recycling footprint spanning 20 facilities across 11 countries, Indorama Ventures has recycled more than 160 billion post-consumer PET bottles into high-quality recycled materials. The Nigeria facility represents the company’s first recycling investment in Africa and the largest recycling plant Indorama Ventures has ever built, underscoring the scale of the company’s long-term commitment to circular infrastructure, advanced recycling technology, and partnerships that strengthen collection, education, and innovation across the value chain.

Genesis Energy supports the partnership by enabling sustainable infrastructure and energy solutions that underpin low carbon industrial development and circular economy systems across Africa.

Speaking on the partnership, Chairman and CEO of Genesis Energy, Mr. Akinwole II Omoboriowo, said, “This compelling initiative demonstrates Genesis’ commitments to deploying capital to climate resilient investments by leveraging clean energy as a strategic nexus to advancing viable economic opportunities.

The investment is also a testament to how cross-sector partnerships can enable sustainable industrial development. By combining circular economy principles with resilient infrastructure and energy solutions, the initiative supports long-term environmental impact and local value creation.”

Beyond industrial investment, the project is expected to contribute to broader environmental and socio-economic objectives through increased PET collection, diverted plastic waste away from landfill, and sustained engagement with local communities to promote best practices in waste collection and recycling.