Market Information
Indorama powers
Nigeria with petrochemicals and fertilisers
As the world ' s population increases and the diets of the developing world continue to improve, demand for meat and crops means food production could need to increase by up to 70 % by 2050. Fertilizers will undoubtedly play a major role in this production upli�. Fertilisers, undoubtedly are at the forefront of modern day agricultural revolutions. �ey are also key to securing the food need of a country as no country in modern times have been able to increase agricultural productivity without expanding the use of chemical industry.
�e emergence of Indorama Eleme Petrochemicals Limited( IEPL), Port Harcourt through the nation ' s privatisation programme in 2006 and the commissioning of its world-class fertilizer plant in 2016 have fueled tremendous socio-economic activities in Nigeria, especially in the industrial and agricultural sectors. Indorama ' s fertilizer plant in Port Harcourt with capacity for 1.5 million metric tons of granular Urea is the world ' s largest single-line Urea facility. Right from August 2006, IEPL has been supplying highly needed petrochemicals – polyethylene, polypropylene and PET( also called polymer resins), of different grades and variants to over 450 Nigerian companies spread all over the country.
�ese companies use Indorama resins to manufacture items such as water tanks; automobile dashboards, bumpers and fenders; helmets, waste disposal bins, carpets, arti cial hairs, containers for healthcare products, bottles for water and beverages, plastic chairs and tables, sacks, shopping bags, industrial pipes, bread wrappers and other packaging products used in the beverage, bottling, pharmaceuticals, paints, textiles and allied industries.
In the area of fertilizers, Indorama Eleme Fertilizer and Chemicals Limited( IEFCL) has become Nigeria ' s prime fertilizer solutions provider through supplies of its granular Urea to over 20 million farmers across all the states and Abuja, as well as giving free agronomy extension services and training to the farmers.
A�er satisfying all local demands for fertilizer, surplus production will be exported to earn foreign exchange for the country. Users of Indorama ' s Urea fertilizer and its petrochemical products as raw materials create huge employment opportunities for Nigerians--- directly and indirectly. �e multiplier effect on the economy is formidable. It is not surprising why experts
January- February 2017
FARMERS
[ 16 ] REVIEW AFRICA www. farmersreviewafrica. com