Indorama Ventures, Nigerian Breweries and Genesis Energy Partner to Develop One of Africa’s Largest rPET Production Facilities
Bangkok, Thailand – 12 March 2026 — Indorama Ventures Public Company Limited, a global sustainable chemical company, together with Nigerian Breweries Plc, the foremost brewer in Nigeria, and Genesis Power & Energy Solutions Ltd, a leading African clean energy infrastructure development and asset management company, have entered a strategic partnership to establish one of Africa’s largest state-of-the-art recycled PET (rPET) production facilities in Nigeria, based on planned production capacity. The landmark collaboration marks a significant step toward strengthening circular economy infrastructure and sustainable packaging value chains across the region. Located in Lagos, the site represents is an investment to develop a facility capable of producing up to 45,000 tons of food‑grade rPET resin annually, with start‑up targeted in the first half of 2027. By converting post‑consumer PET bottles into high‑quality recycled material for packaging applications, the initiative aims to meet fast‑rising demand for recycled content, reduce plastic waste, and create local value through improved collection systems, job creation, and increased participation across the recycling value chain. The partnership brings together complementary strengths across the PET value chain. Indorama Ventures, the world’s largest recycler of PET for beverages, contributes expertise in sustainable materials development. Nigerian Breweries, a Heineken operating company, provides strong local market insight and engagement across Nigeria’s beverage ecosystem, while Genesis Energy supports the initiative with sustainable infrastructure and energy expertise. The project is expected to support recycling capacity in Nigeria, subject to regulatory approvals, technical validation, and operational implementation. Together, the partners aim to establish commercially viable rPET operations that enable responsible growth and long-term environmental impact. 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 postconsumer 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. The company operates across 11 African countries, with utility-scale generation projects of more than 780MW in operations, ongoing construction, and advanced development in Nigeria, South Africa, Benin Republic, Zambia, Rwanda, Zimbabwe, Mali and United Kingdom, as well as a project development pipeline north of 4.5GW. It deploys solar, wind, battery storage, and natural gas solutions, and is pursuing an ambition to allocate up to $2 billion annually over the next five years, with a targeted 10 GW of installed and contracted capacity. 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 […]
Nigerian Breweries Validates Agronomic Viability of Domestic Barley, Urges Infrastructure Investment for Commercial Scale-Up
RINGIM, JIGAWA STATE, NIGERIA Nigerian Breweries Plc (NB Plc) showcased the successful cultivation of locally grown barley at its Maltina Barley Field Day in Ringim, Jigawa State. This marks a major step towards reducing Nigeria’s reliance on imported malted barley, and building a locally independent supply chain. While the event validated the crop’s genetic and soil compatibility in Northern Nigeria, the company emphasized that scaling production will require urgent ecosystem interventions, particularly in irrigation and mechanization. Nigeria currently imports approximately 200,000 tons of malted barley annually. The Maltina Barley Programme was designed to localize this supply chain while creating new opportunities for smallholder farmers in Northern Nigeria. This season, over 1,000 small-holder farmers participated in the pilot phase of the program cultivating the crop, with an expected yield exceeding 1,000 tons. The farmers received a structured off-taker guarantee, alongside the provision of quality seeds, fertilizers, and mechanized services through partners like OCP Africa and Hello Tractor. The success of this foundational harvest builds on extensive Research & Development. In collaboration with the Lake Chad Research Institute (LCRI) and French breeder Secobra Research, the programme successfully adapted barley to Northern Nigerian conditions,, leading to the 2024 registration of three high-yield, climate-adapted barley varieties by the National Agricultural Seed Council: Traveler, Explorer, and Prunella. Despite this agronomic breakthrough, NB Plc emphasized that the current yield is only the beginning of a long-term agricultural transformation. “The Maltina Barley Project is a long-term commitment. It is a marathon, not a sprint,” stated Thibaut Boidin, MD/CEO of Nigerian Breweries Plc. “For this reason, sustained government partnership will be critical, particularly in the areas of irrigation infrastructure, mechanisation, access to quality inputs, and extension support”. Speaking on the agronomic and supply chain realities, Federico Agressi, Supply Chain Director at Nigerian Breweries Plc, noted the vast potential of the project if properly supported: “The Maltina Barley Program represents a strategic opportunity to introduce a new crop into Nigeria’s agricultural ecosystem, which will support economic diversification and strengthen local industry. With proven agronomic feasibility, strong market demand, and sustained stakeholder engagement, this program can transform Nigeria’s barley industry and create meaningful prosperity for thousands of rural farming households”. The potential for expansion is significant. A joint study commissioned with IDH and Dalberg has identified over 400,000 hectares of farmland suited for barley across Jigawa, Bauchi, Kano, Plateau, and Yobe states. The programme has also attracted climate-smart agricultural funding, including £330,000 from the UK-funded Propcom+ initiative for the 2026 season. Nigerian Breweries has set a target to integrate 20,000 farmers into the barley value chain by 2030. However, the company reiterated that achieving this goal will require sustained collaboration across the public and private sectors, alongside investments in irrigation, mechanization and policy stability, including transitional import allowances while domestic production capacity continues to scale.
NB PLC RECORDS N1.04 TRILLION REVENUE IN NINE MONTHS
Nigerian Breweries Plc, the foremost brewing company in Nigeria, has posted a Group Revenue of N1.04 trillion for the nine-month period ended September 30, 2025, representing a 48% growth over the N703 billion recorded in the corresponding period in 2024. According to the unaudited results released on NGX portal, the Cost of Sales rose from […]
How to Know You May Be Drinking Too Much
An occasional glass of beer can be a great way to ease off after a long day. It is also good for spicing up a party or get-together with friends, as with many other treats, alcohol is best enjoyed in moderation. Medical experts advise that men should not exceed two drinks in one day, and […]
How You Can Get the Best from a Company Like Us
The taste of the pudding is in the eating’, or maybe since we specialise in brewing, ‘The taste of the brewing is in the drinking’. The point is, our relationship doesn’t have to get tied to just drinking our products. You can position yourself to get much more from us, and we’re not talking liquid […]
Five Health Benefits of Malt Drinks
When we mention malt drinks, many Nigerians think of one thing – those drinks that come in bottles or cans, served to special visitors or on august occasions. As correct as this may be, malt drinks are much more than that. A malt drink is any beverage made from sprouted barley (or any other whole […]
How to Make the Most Out of Your Beer
All the beautiful potential brewed into beer and you choose to have yours in the most mundane way possible? Sad! Well, lucky for you, we’ve come ‘beering’ salvation for your drinking experience. We’d sleep better at night knowing that one more beer-faithful has seen the light. Here’s the thing, there’s a lot more to beer […]
Five Tips to Follow in Choosing the Perfect Drinks for an Occasion
This is Nigeria and we love occasions, no doubt about that. We are naturally festive people, and we never pass up the opportunity to throw a party or go for an owambe. When you are the guest, you expect to turn up for the delicious food, chilled evergreen drinks, and the gbedu! You expect no […]