Wankai New Materials starts up 300,000 t/yr PET plant in Nigeria
Chinese resin producer Wankai New Materials commissioned its first overseas production base in September 2026, a 300,000 t/yr food-grade PET solid-state polymerisation plant in Sagamu, Ogun State, Nigeria. The project, in which Wankai holds a 65% stake, carries total planned investment of about CNY 329m (USD 49.2m) and will sell PET bottle chips mainly into the Nigerian domestic market. The company is also progressing a second overseas site, a 750,000 t/yr PET bottle-chip plant in Indonesia, expected on stream in the first half of 2027.
Why this mattersWankai's first overseas plant places 300,000 t/yr of food-grade PET in the Nigerian market, with a 750,000 t/yr Indonesian site expected in 2027.
- Nigeria plant has 300,000 t/yr solid-state polymerisation capacity for food-grade PET, located in Sagamu, Ogun State
- Total planned investment is about CNY 329m (USD 49.2m); Wankai holds a 65% stake
- Trial production succeeded at end of June 2026; the plant formally started up in September 2026
- Output is aimed mainly at the Nigerian domestic market
- Indonesia project (second overseas site) targets 750,000 t/yr PET bottle chips, with overall design complete and long-lead equipment contracts signed
- A brokerage estimate cited in the article expects the Indonesia plant to start up in the first half of 2027
Sources
ip1689.com
ZH