Indorama Ventures Public Company Limited has partnered with Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd to develop one of Africa’s largest recycled polyethylene terephthalates (rPET) production facilities in Nigeria.
The partners announced the collaboration on Thursday, describing it as a major step toward strengthening circular economy infrastructure and sustainable packaging value chains in the region.
The facility, to be located in Lagos, is expected to produce up to 45,000 tonnes of food-grade rPET resin annually, with operations targeted to begin in the first half of 2027.
The project will convert post-consumer PET bottles into recycled material for packaging applications, helping to reduce plastic waste, meet growing demand for recycled content, and support local recycling systems.
The partners said the initiative is also expected to create jobs and expand participation across Nigeria’s recycling value chain through improved plastic collection and processing.
The collaboration brings together expertise from across the PET and sustainability value chain.
Indorama Ventures, regarded as the world’s largest recycler of PET for beverages, will provide technical expertise in sustainable materials development. Nigerian Breweries, a Heineken operating company, will contribute local market knowledge and engagement within Nigeria’s beverage sector, while Genesis Energy will support the project with sustainable infrastructure and energy solutions.
The companies said the project will support Nigeria’s recycling capacity, subject to regulatory approvals, technical validation, and operational implementation.
The initiative aligns with Nigeria’s national policy on plastic waste management, introduced in 2020 to promote recycling and circular economy solutions and ensure that all plastic packaging becomes recyclable, reusable, compostable, or biodegradable by 2030.
Speaking on the partnership, Yash Lohia, executive president of petchem and chairman of the ESG council at Indorama Ventures, described the project as a milestone in the company’s global recycling strategy.
He said the facility will be Indorama Ventures’ largest recycling plant globally and its first recycling investment in Africa.
Lohia added that the company’s global recycling operations currently span 20 facilities across 11 countries, where more than 160 billion post-consumer PET bottles have been converted into recycled materials.
Also speaking, Akinwole Omoboriowo II, chairman and chief executive officer (CEO) of Genesis Energy, said the project demonstrates the role of cross-sector partnerships in advancing climate-resilient investments and sustainable industrial development.
According to him, combining circular economy principles with clean energy infrastructure will help support environmental sustainability and economic opportunities across Nigeria.
Genesis Energy currently operates across 11 African countries, with utility-scale power projects exceeding 780 megawatts in operation, construction, and advanced development, and a pipeline of more than 4.5 gigawatts.
The company deploys solar, wind, battery storage, and natural gas solutions, and plans to invest up to $2 billion annually over the next five years to expand clean energy capacity across Africa.
Beyond industrial investment, the rPET project is expected to improve plastic collection systems, divert waste from landfills, and support community engagement on recycling and waste management.
The companies said the signing of the partnership agreement marks the first step in a broader development roadmap aimed at supporting sustainable packaging solutions and strengthening Nigeria’s transition to a circular and resource-efficient economy.
