Indorama Ventures Public Company Limited, a global leader in sustainable chemicals, has partnered with Nigerian Breweries Plc, Nigeria’s top brewer, and Genesis Power & Energy Solutions Ltd, a leading African clean energy infrastructure and asset management firm, to develop one of Africa’s largest state-of-the-art recycled PET production facilities in Nigeria, based on planned production capacity.

The landmark partnership marks a major step in strengthening circular economy infrastructure and sustainable packaging value chains across the region.

The Lagos-based facility is designed to produce up to 45,000 tons of food-grade rPET resin annually, with operations slated to begin in the first half of 2027.

By converting post-consumer PET bottles into high-quality recycled material for packaging, the initiative seeks to meet growing demand for recycled content, reduce plastic waste, and create local value through enhanced collection systems, job creation, and broader participation across the recycling value chain.

Indorama Ventures, the world’s largest PET recycler for beverages, brings deep expertise in sustainable materials development.

Nigerian Breweries, a Heineken operating company, contributes extensive local market knowledge and engagement across Nigeria’s beverage ecosystem, while Genesis Energy provides support through sustainable infrastructure and energy solutions.

Subject to regulatory approvals, technical validation, and operational implementation, the project is expected to significantly enhance recycling capacity in Nigeria.

Commenting on the landmark partnership, Executive President of Petchem and Chairman of ESG Council at Indorama Ventures,
Yash Lohia, 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.”

The Nigerian facility marks Indorama Ventures’ first recycling investment in Africa and the largest recycling plant the company has ever built, highlighting its long-term commitment to circular infrastructure, advanced recycling technologies, and partnerships that enhance collection, education, and innovation throughout the recycling value chain.

Genesis Energy underpins the partnership by providing sustainable infrastructure and energy solutions that support low-carbon industrial development and circular economy systems across Africa. Operating in 11 African countries, the company manages utility-scale generation projects totaling over 780 MW—spanning operational, under-construction, and advanced development stages—in Nigeria, South Africa, Benin, Zambia, Rwanda, Zimbabwe, Mali, and the United Kingdom, alongside a project development pipeline exceeding 4.5 GW.

The company deploys solar, wind, battery storage, and natural gas solutions, with an ambitious plan to invest up to $2 billion annually over the next five years, targeting 10 GW of installed and contracted capacity.

The 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.”

The initiative aligns with Nigeria’s 2020 National Policy on Plastic Waste Management, which aims to enhance collection, recycling, and circular economy solutions, targeting a future where all plastic packaging is recyclable, biodegradable, compostable, or reusable by 2030.