Minister of State for Petroleum Resources, Chief Timipre Sylva has said that Indorama-Nigeria presents a very good example of how the abundant gas resources in the country could be effectively utilized to impact the economy positively.
The minister, who took a tour of the company’s petrochemicals and fertilizer plants in Eleme, Rivers State, said it was heartwarming for Nigeria to have Indorama utilizing gas in a true sense of value-addition.
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Sylva who spoke to journalists after the visit said essence the tour was to see how the company was utilizing gas to create value in different sectors of the Nigerian economy.
“What I have seen here is heartwarming for this country.
“I have had a lesson in value addition.
“I was here around 2005 at the old Eleme Petrochemicals Company and I saw the plant, an ailing plant at that time.
“But what I have seen here today is very marvelous; a lot has happened here; they have added a lot of trains, and added fertilizer urea plant and other facilities,” he said.
The minister said Indorama’s over $3 billion investment has helped Nigeria through creation of job opportunities, revenue to government, as well as supply of petrochemicals and fertilizers.
The Managing Director of Indorama, Mr. Manish Mundra assured the minister that the company was focused on its vision of building the largest petrochemicals and fertilizer hub of Africa in Nigeria.
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