Country
Nigeria
Sector
Industrials / Petrochemicals
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Confirmed
Latest Development
Nigeria’s largest private petrochemical company — operating Africa’s largest urea and ammonia fertiliser plant (1.5m tpa) and a PET resin plant at Eleme, Rivers State. Controlled by the Lohia Group (India/Singapore). Total investment over $3bn — Nigeria’s largest single foreign manufacturing investment.
Company Profile
Company TypePrivate
HeadquartersEleme, Rivers State, Nigeria
Countries of OperationNigeria
Founded2006
Parent CompanyLohia Group (India/Singapore)
Key ExecutivesManish Mundra (MD & CEO)
Employees~2,000
Key Developments
Africa's largest single-train urea plant (1.5m tpa). Expanding capacity. CNCEC (China) is recent EPC contractor. $3bn+ total investment — largest single foreign investment in Nigerian manufacturing.
Key Risks
Gas supply security. NGN currency risk.
What Happens Next
Fertiliser capacity expansion completion.
Commercial Opportunity Intelligence
Opportunity SignalNigeria's largest private petrochemical company — a $3bn+ foreign direct investment success story in Nigerian manufacturing.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Indorama official; Businessday NG; NCDMB
Source Date2024–2026