Engee PET to Expand Operations with $75m CP Project

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Engee PET Manufacturing Company Nigeria Limited is planning to commence work on the construction of its Continuous Polymerisation (CP) PET resin plant in Ogun State, early next year, the company and parent group, JOTNA Nigeria Ltd, have said. The plant is expected to be fully operational by 2023.

Engee PET to Expand Operations with $75m CP Project
Engee PET to Expand Operations with $75m CP Project – www.brandspurng.com

The group disclosed their intention to set up this plant during a visit to the Nigerian Investment Promotion Commission (NIPC) office headquarters recently. “It is going to be a pioneering project – one of its kind in the country and West Africa,” Alexander Gendis, Managing Director, Engee PET stated while describing the new CP project. On his part, Debasis Roy, CFO of JOTNA explained that the project will generate 350 jobs.

Responding, NIPC’s Executive Secretary/CEO, Ms Yewande Sadiku explained that NIPC was established to encourage, promote and coordinate investments in the country. She stated that the Commission would provide advisory and advocacy support to the group.

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Engee PET to Expand Operations with $75m CP Project - Brand SpurEngee PET to Expand Operations with $75m CP Project - Brand Spur

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 Engee PET to Expand Operations with $75m CP Project - Brand Spur

 

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About The Trade Desk

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Engee PET to Expand Operations with $75m CP Project - Brand SpurTwitter, and LinkedIn. 

 

Engee PET to Expand Operations with $75m CP Project - Brand Spur

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