About IEPLDownload Brochure
Indorama Eleme Petrochemical Ltd (IEPL), located in Port Harcourt, Rivers state, Nigeria, a member of Indorama Corporation, is a Poly-Olefins producer of a range of Polyethylene and Polypropylene products. IEPL was a 100% subsidiary of Nigerian Government owned Nigerian National Petroleum Corporation (NNPC) with the name Eleme Petrochemicals Company Limited (EPCL). When the erstwhile EPCL was privatized, under the Privatization Program, the Indorama Group emerged as the core investor and acquired the Unit in August 2006. Since then, IEPL has recorded several achievements of smooth & stable operations, enhanced production capacities, winning of several global awards & certifications and has become a successful model of the Nigeria's Privatization Program.
The IEPL Complex
The Indorama Eleme Petrochemicals Complex is a sprawling 400 acres asset located in Eleme Local Government Area at the outskirts of Port Harcourt City, the Capital of Rivers State, in Southern Nigeria. The Complex was built by a consortium comprising of Chiyoda Corporation, JGC and Kobe Steel of Japan, Technimont of Italy and SpieBatignolles of France. The Complex has state of art Olefins plant, Polyethylene / Butene and Polypropylene Plants, The operations are well supported by a Captive Power Plant, Utilities, Effluent Treatment Plant, Storage Tanks, Bagging, Warehouses and other supporting facilities. A PET plant has also been commissioned in July 2012
IEPL is strategically positioned to cater to the demands of the growing plastic processing downstream industries not only in Africa but in other parts of the world also. The state of the art gas feed Olefins plant and the downstream PE and PP plants supported by required facilities, the total production capacity is well over 335KT per annum. The company has positioned itself as one of the leading suppliers of Poly-olefins in African continent and in US, Europe and Asia as well. Recognizing its outstanding contribution to the exports, the company was awarded with the prestigious Presidential Award for Exports by the Nigerian Export Promotion Council (NEPC) for the year 2011.
One amongst the key factors that has enabled IEPL for its strategic positioning has been its continuous efforts in ensuring total customer satisfaction by supplying high quality products consistently. Besides, the company’s competitive pricing and technological capabilities to produce more than 15 customized grades of PE and PP, suiting to the specific requirements of the customers have given a competitive edge to IEPL.
The Olefins plant is licensed by the US based Petrochemical &Technology leader Kellogg Brown & Root (KBR). Natural Gas Liquid (NGL) is the feed stock for the gas based cracker which is supplied by the Italian Oil Major AGIP and the Nigerian State owned NNPC. The plant has the capacity of producing 360 KT of Ethylene and 120 KT of Propylene per annum. The Polyethylene plant is a Sclairtech process plant licensed by the Nova Chemical, Canada and the Polypropylene plant is Spheripol process plant licensed by Basell, Italy. Additionally, 22KT Butene 1 is also produced, which is used as a co-monomer in the production of Linear Low Density Poly Ethylene (LLDPE).
|Olefins||440||M.W. Kellogg (USA)|
|Polyethylene (LLDPE/HDPE)||360||Nova Chemicals, Canada|
Turnaround Maintenance (TAM)
When Indorama took over the erstwhile EPCL from NNPC unit in 2006, the manufacturing plants were not operating due to equipment break down and lack of availability of spare parts. Indorama did a major Turn Around Maintenance (TAM), rehabilitated the whole complex and started the operations on 12th October 2006. The then President of Federal Republic of Nigeria His Excellency Olusegun Obsanjo, GCFR, inaugurated the production. Since then, the company has carried out two more TAMs which have been extremely vital to maintaining the health and safety of the equipment ensuring the smooth running of the plants.
Contributions to Nigerian Economy
IEPL has positioned itself as a strategic player in the Nigerian economy. Since the acquisition by Indorama and till now, the company has significantly contributed in import substitution by supplying quality polymer products to over 200 plastic processing companies in Nigeria and export to several countries placing Nigeria in the global polymer map. The company has immensely contributed to employment generation by employing more than 1200 Nigerians from the region. Having earned the reputation of Nigeria’s best privatization story, IEPL has significantly contributed to the Nigerian GDP, its economy and creating a favourable balance of trade of the country.
IEPL maintains cordial relationships with all its stakeholders – customers, suppliers, Local / State / Federal governments, employees, Host Communities and all other associates. It has proved to be an excellent model of Public Private Partnership. The Company has build strong relationships with customers on the back of high quality products and responsiveness customer service, which has been evident from the company’s market share of over 80% in the domestic market.
The Company’s Community Development and Corporate Social Responsibility programs have paved a strong relationship with Government and its Host communities, which is evident from the stable and smooth continuous operations of plants since October 2006 till now. The company strives for greater efficiency, innovation and exceeding the needs and expectations of all stakeholders.