Home / Knowledge / News / Textiles / Nigerian govt to set up polypropylene plant in Koko FTZ
Nigerian govt to set up polypropylene plant in Koko FTZ
03
Aug '13
The Federal Government of Nigeria has initiated the process to set up a polypropylene and polyethylene plant in the Koko Free Trade Zone (FTZ) by appointing a team for preliminary site inspection.
 
This was disclosed by the Delta state Commissioner of Transport Mr. Benson Igbakpa while presenting the mid-term report by members of the state executive council in Asaba.
 
The setting up of petrochemical and gas processing facilities at the Koko FTZ would involve an investment of about US$ 16 billion, Mr. Igbakpa said, according to a Vanguard report.
 
The proposed petrochemical plant would have a capacity to produce 1.3 million tons per annum of polypropylene and polyethylene, and would be built by Xenel of Saudi Arabia, in collaboration with Nigerian National Petroleum Corporation (NNPC) and other investors.
 
The proposed petrochemical plant is likely to emerge as Africa’s largest industrial complex and the Federal Government is currently working with the Nigerian Port Authority (NPA) and the Delta state government to tackle the siltation and draught problems so as to allow movement of large vessels across the Delta ports and the Koko FTZ, Mr. Igbakpa said.
 
Polypropylene is used in the textile value chain for manufacturing of acrylic fibre.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

India to be largest cotton producer in 2018-19: USDA

Textiles | On 22nd Jun 2018

India to be largest cotton producer in 2018-19: USDA

For the fourth consecutive season, India is expected to be the...

Organic Basics gets Polygiene help for advanced underwear

Apparel/Garments | On 22nd Jun 2018

Organic Basics gets Polygiene help for advanced underwear

Danish firm Organic Basics is working with Swedish company Polygiene, ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search