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Western Africa

Indorama Signs US$1.25 Billion Financing For Nigeria Expansion

The project includes a new fertiliser export terminal.


By Liz Bains
Indorama Eleme Fertilizer and Chemicals has agreed a US$1.25 billion financing package for the expansion of its fertiliser production capacity at Port Harcourt in Nigeria and the development of a new export terminal.The financing package was arranged from a group development finance institutions and commercial banks by the IFC and

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