Indorama Eleme Fertiliz (DFC-INDORAMA)

Countries
  • Nigeria
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Indorama Eleme Fertilizers and Chemicals Limited.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 27, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Project involves setting-up of a second train for the production of ammonia at the rate of 2,300 metric tonnes per day (MTPD) and granulated urea at the rate of 4,000 MTPD at Indorama’s existing petrochemicals complex. The second train will be constructed adjacent to the first train with a similar production capacity. The first train was commissioned in 2016. Natural gas will be used in a steam reformer to generate hydrogen which will then be combined with nitrogen from the air to manufacture ammonia. Ammonia will then be reacted with carbon dioxide from the steam reformer to manufacture granulated urea. Natural gas is currently being piped to the Indorama Petrochemicals Complex from nearby gas fields. The gas supply company will transport gas for the second train by adding another pipeline in the pipeline corridor in an existing right-of-way.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Mahender Jain
Head, Environment Indorama Eleme Fertilizers & Chemicals Ltd
Indorama Petrochemicals Complex, Eleme
East -West Expressway, Eleme
PMB-5151, Port Harcourt, Rivers State
Nigeria
mailto:mjain@indorama.com.ng
Mobile: +234:8070324523
FMENV contact details:

J. A. Alonge
Federal Ministry of Environment, EIA Division, Environment House
Independence Way, South Central Business District-FCT
Abuja, Nigeria
Mobile: +234-803-589-3120

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