Market Information
Recognizing its outstanding contribution to the exports, the company was awarded, the prestigious Presidential Award for Exports by the Nigerian Export Promotion Council( NEPC) for the year 2011.
One amongst the key factors that have enabled IEPL in its strategic positioning has been its continuous efforts at ensuring total customer satisfaction by supplying highquality products consistently. Besides, the company ' s competitive pricing and technological capabilities to produce more than 35 customized grades of PE and PP, suiting to the speci c requirements of the customers have given a competitive edge to IEPL.
Fertiliser and methonal plant design
�e project is constructed in the 400-acre Eleme industrial complex, which already includes ole ns, butene, polyethylene and polypropylene plants. It is well-equipped with facilities such as a captive power plant, an effluent treatment plant, storage facilities, bagging systems and warehouses. �e complex also has a PET plant, which was commissioned in July 2012.“ Construction of the fertiliser methanol plants is part of Indorama ' s aim to create the largest petrochemicals hub in the country."
Indorama ' s new facility at the complex is a gas-to-urea-based plant. It produces urea from natural gas feedstock using KBR ' s puri er technology.
�e project included the construction of a 2,300 metric tonnes per day( mtpd) ammonia plant and a 4,000mtpd urea plant. Feedstock is supplied by the Nigerian Azienda Generale Italiana Petroli( Agip) pipeline company through an 84km-long pipeline with a diameter of 35cm. �e project also included the construction of a multipurpose jetty at Onne Port, which is located 16km away from the project site.
Up to 70 % of the fertilisers produced at the plant are transported to the jetty for export markets, while the remaining are lled in 50kg bags and sold within the domestic market.
Technology at IEFCL ' s Nigerian facility
KBR ' s puri er process system includes a feed / effluent exchanger and a column, including a condenser and an expander. �e technology has very low-energy consumption and produces high-purity synthesis gas, from which ammonia can be extracted. Impurities from the synthesis gas are separated by washing it with excess nitrogen.
Project bene ts and contractors involved �e new facility provides urea at an affordable price to the domestic market in Nigeria. It employs approximately 3,800 people during the construction period. It also generates 250 direct and 348 indirect jobs a�er completion.
Production from the new plant allows the country to reduce its reliance on urea imports and helps Nigeria become self-sufficient. �e plant also exports the surplus to various countries, including Brazil, Ghana, India, South Africa, the UK and the US.
Financing Nigeria ' s fertiliser plant
�e total estimated investment on the project was $ 1.2bn. In February 2013, IEFCL signed a long-term nancing agreement for $ 800m with commercial banks and 16 global developmental nancial organisations to construct the plant.
International Finance Corporation( IFC) provided $ 375m in nancing to support the project.
IEFCL received a $ 100m loan from the African Development Bank( AfDB) in January 2013 for the construction and operation of the new plants.
Indorama University trials
January- February 2017
FARMERS
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