What indorama eleme petrochemicals does

Indorama Eleme Petrochemicals Limited (IEPL) is a privately held poly-olefins producer based in Port Harcourt, Rivers State, Nigeria, and a group company of Indorama Corporation. Originally established in 1990 as Eleme Petrochemicals Company Limited (EPCL) under the Nigerian National Petroleum Corporation (NNPC), the asset was privatized in August 2006 when Indorama Corporation acquired it through the Bureau of Public Enterprises program and renamed it in June 2012. IEPL operates an integrated petrochemical complex on a 400-acre site in Eleme comprising a 440 KTA Olefins plant (using KBR SCORE millisecond-furnace technology), a 360 KTA Polyethylene swing plant (Nova Chemicals Sclairtech, capable of switching between HDPE and LLDPE), a 120 KTA Polypropylene plant (Lyondell Basell Spheripol), a 22 KTA Butene-1 unit (IFP), a captive power plant, utilities, effluent treatment, storage, and bagging facilities, with own-port export capability through the $150 million OIPL terminal at Onne.

Name

indorama eleme petrochemicals

Legal name

Indorama Eleme Petrochemicals Limited

Website

https://indoramaeleme.com

Company type

Private

Founded year

1990

Operating status

Operating

Short description

Indorama Eleme Petrochemicals is a Nigerian poly-olefins producer in Port Harcourt operating an integrated 400-acre complex producing polyethylene, polypropylene, and olefins via licensed gas-cracker technology. It supplies over 300 Nigerian plastic processors and exports to Europe, Asia, and Africa.

Ownership category

akta.pro rank

Product category

Petrochemicals

NAICS

Petrochemical Manufacturing (32511), Petrochemical Manufacturing (325110), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Chemical Manufacturing (325)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)

akta.pro primary industry

Polyolefins (PE, PP) (IMAEADAD)

akta.pro secondary industry

Polyesters & PET Chain (PTA, MEG, PET) (IMAEADAG)

Keywords

• Polyolefins production
• Polyethylene manufacturing
• Polypropylene manufacturing
• Petrochemical raw materials
• Industrial polymer supply

Headquarters

HQ city

Port Harcourt

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Polymer Product Sales: Sale of Polyethylene (HDPE and LLDPE) and Polypropylene (Homo-Polymer, Random Polymer, and Co-Polymer) products to plastic processing industries. The company produces over 40 grades of PE and PP products and sells in both domestic Nigerian market and exports to Europe, Asia, and Africa.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Indorama Eleme Petrochemicals Limited (IEPL) is an integrated poly-olefins producer operating a gas-based petrochemical complex in Port Harcourt, Nigeria. The company manufactures Polyethylene (HDPE and LLDPE) and Polypropylene (Homo-Polymer, Random Polymer, and Co-Polymer) using world-class licensed process technologies, supplying over 40 customized grades of polymer products to plastic processing industries in Nigeria and export markets.

Product overview

Indorama Eleme Petrochemicals Limited (IEPL) is a poly-olefins producer operating a integrated petrochemical complex in Port Harcourt, Nigeria. The company operates three core manufacturing units: a 340-440 KTA Olefins plant (producing Ethylene and Propylene via gas-based cracking using KBR technology), a 360 KTA Polyethylene plant (producing HDPE and LLDPE using Nova Chemicals Sclairtech technology), and a 100-120 KTA Polypropylene plant (producing Homo-Polymer and Co-Polymer grades using Lyondell Basell Spheripol technology). The product portfolio includes over 40 customized grades of PE and PP suiting specific customer requirements across film, blow molding, injection molding, pipe, raffia, and lamination applications. The company operates within the Indorama Complex spanning 400 acres and serves over 300 plastic processing customers while exporting to Europe, Asia, and other parts of Africa.

Differentiator

Problem solved

Functional benefit

Products and services

• Polyethylene (PE) Polyethylene polymer produced under two major categories (HDPE and LLDPE) using Nova Chemicals Sclairtech technology with 360 KTA capacity, supplied to plastic processing industries for bags, containers, films, pipes, and molded products.
• Polypropylene (PP) Polypropylene polymer produced as Homo-Polymer, Random Polymer, and Co-Polymer using Spheripol technology from Lyondell Basell with 120 KTA capacity, supplied to plastic processing industries for woven sacks, films, molded products, and packaging.
• High Density Polyethylene (HDPE) HDPE grades used in plastic bags, containers, water pipes, lamination, liners, household containers, and injection molding applications, supplied to plastic processors.
• Linear Low Density Polyethylene (LLDPE) LLDPE grades used for stretch cling film, heavy duty films, laminations, water storage tanks, chemical tanks, garbage bins, and injection molding applications, supplied to plastic processors.
• Polypropylene Homo-Polymer (PPHP) Homo-polymer polypropylene grades used in woven sacks, monofilament, injection molding, BOPP films, and lamination applications.
• Polypropylene Co-Polymer (PPCP) Co-polymer polypropylene grades designed for injection molding applications including crates, luggage, industrial products, auto components, bobbins, garden furniture, paint pails, and housewares.
• Olefins (Ethylene and Propylene) Olefins plant producing Ethylene and Propylene as primary products from Natural Gas Liquid (NGL) feedstock using KBR SCORE millisecond furnace technology with 440 KTA capacity, primarily consumed internally as feedstock for downstream PE and PP plants.
• Butene-1 Ancillary 22 KTA Butene-1 produced and used as a co-monomer in the production of Linear Low Density Polyethylene (LLDPE).

Quantifiable outcome

• Total polymer production crossed 5 million metric tons in 2024
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

16 partnerships are on record, tiered core, supporting and strategic.

• Kellogg Brown & Root (KBR)coreTechnology or IntegrationOlefins Process Licensor providing technology for the gas-based cracker plant. The plant uses KBR's SCORE furnace technology for producing Ethylene (360 KT) and Propylene (120 KT) per annum from Natural Gas Liquid feedstock.
• Nova Chemicals (Canada)coreTechnology or IntegrationPolyethylene Process Licensor providing Sclairtech Technology for the Polyethylene plant. The swing-plant technology enables production of both High Density PE (HDPE) and Linear Low Density PE (LLDPE) with capacity of 360 KTA.
• Lyondell Basell (Italy)coreTechnology or IntegrationProcess Licensor providing Spheripol Technology for Polypropylene plant. The technology produces homo-polymers, random-polymers, and co-polymers with capacity of 120 KTA.
• Institut Français Du Pétrole (IFP)supportingTechnology or IntegrationButene-1 Process Licensor providing technology for production of 22 KT Butene-1 used as co-monomer in Linear Low Density Polyethylene (LLDPE) production.
• Chiyoda Corporation (Japan)supportingTechnology or IntegrationEngineering partner in the consortium that built the Indorama Complex. Contributed to construction of the petrochemical facilities.
• JGC Corporation (Japan)supportingTechnology or IntegrationEngineering partner in the consortium that built the Indorama Complex.
• Kobe Steel (Japan)supportingTechnology or IntegrationEngineering partner and supplier of Polyethylene swing-plant equipment built by Kobe Steel of Japan.
• Tecnimont (Italy)supportingTechnology or IntegrationEngineering partner and constructor of the Polypropylene plant. Tecnimont has built multiple Basell plants worldwide.
• Spie Batignolles (France)supportingTechnology or IntegrationEngineering partner in the consortium that built the Indorama Complex.
• AGIP (Eni)supportingOthersItalian Oil Major that supplies Natural Gas Liquid (NGL) feedstock for the gas-based cracker along with NNPC.
• Nigerian National Petroleum Corporation (NNPC)strategicOthersNigerian state-owned oil company and former owner of Eleme Petrochemicals Company Limited (EPCL). Currently supplies NGL feedstock along with AGIP and holds equity stake in IEPL.
• Yokogawa Engineering WorkssupportingTechnology or IntegrationEngineering partner providing automation and control systems for the petrochemical complex.
• Eliote Turbo Machinery (UK/USA)supportingTechnology or IntegrationSupplier of turbo machinery equipment for the complex.
• Mitsubishi Heavy Industries (Japan)supportingTechnology or IntegrationEquipment supplier for the petrochemical complex.
• GE (USA)supportingTechnology or IntegrationEquipment supplier providing technology solutions for the complex.
• Schneider ElectricsupportingTechnology or IntegrationElectrical systems and automation solutions provider.

Scale indicators10 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• Sasol Limited: Sasol is a South Africa-based integrated chemicals and energy company that produces polyethylene, polypropylene, and other polyolefins from gas-to-liquids and Fischer-Tropsch feedstocks. It is the closest direct geographic and operational peer to IEPL, sharing the African petrochemical producer profile, gas-based feedstock strategy, and exposure to similar regional growth dynamics.
• Indorama Ventures Public Company Limited: Indorama Ventures is the Thailand-listed sister company of IEPL under the same Indorama Corporation parent. It is one of the world's largest PET and polyolefins producers and operates a global network of petrochemical plants. IEPL effectively serves as Indorama Group's African polyolefins hub, making Indorama Ventures the most operationally integrated peer.

Broad incumbents

• LyondellBasell Industries: LyondellBasell is one of the world's largest polyolefins (PE, PP) producers and the licensor of the Spheripol PP technology used by IEPL. As a global incumbent with vertically integrated cracker and downstream polyolefin assets, it is a direct technology partner and global scale competitor to IEPL.
• SABIC (Saudi Basic Industries Corporation): SABIC is a Saudi Arabia-headquartered global petrochemical giant producing polyethylene, polypropylene, and a wide range of other petrochemicals. As one of the lowest-cost global polyolefins producers, it competes with IEPL in export markets (Europe, Asia, Africa) and sets global pricing benchmarks.
• Dow Inc. Dow is a US-headquartered global chemicals incumbent with substantial polyethylene and other polyolefins production. It serves global packaging, infrastructure, and consumer goods end-markets that overlap with IEPL's plastic processing customer base, and competes in the same global polymer export markets.
• BASF SE: BASF is a German-headquartered global chemical company with a broad petrochemicals portfolio including polyolefins and precursors. It is a broad incumbent that competes in global polymer markets and overlaps with IEPL's customer industries (packaging, automotive, construction).
• Formosa Plastics Corporation: Formosa Plastics is a Taiwan-based global polyolefins producer (PE, PP, PVC) with vertically integrated cracker operations. It is a major competitor in Asian and African polymer export markets and shares the large-scale integrated cracker-to-polyolefins operating model with IEPL.
• Borealis AG: Borealis is a European-headquartered polyolefins producer (PE, PP) with European and global operations, and is now affiliated with Nova Chemicals — the licensor of the Sclairtech PE technology used by IEPL. It serves many of the same plastic processing end-markets and competes in Europe-bound polymer exports.

Emerging players

• Nova Chemicals Corporation: Nova Chemicals is a Canadian polyolefins (PE) producer and the licensor of the Sclairtech technology used by IEPL's PE swing plant. While primarily a North American producer, its technology and product portfolio directly overlap with IEPL's HDPE/LLDPE business.

Regional players

• Dangote Group / Dangote Petroleum Refinery & Petrochemicals: Dangote is a Nigerian-headquartered diversified industrial conglomerate with major petrochemical and refining operations co-located in the same Nigerian/African market as IEPL. While not directly a polyolefins producer at IEPL's scale, it is the most relevant Nigerian industrial peer that competes for feedstock, customers, capital, and government attention.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/indoramaeleme

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about indorama eleme petrochemicals