News Feed The Indorama Granular Urea price applicable to Registered Agro dealers for the month of December 2022 is NGN 19,500 per 50 Kg bag Ex-plant (390,000 NGN / MT ) for sales inside Nigeria. The company reserves the right to unilaterally cancel any sales order, or DOs with immediate effect, and blacklist the agro dealer if Urea sold to any of the registered ago-dealers moves out of the country. Agro Dealers shall not distribute, sell, or aid in the movement of Indorama Urea outside of their own Territory as mentioned in the movement approval from the National Security Advisor ( NSA ) | The Indorama Granular Urea price applicable to Registered Agro dealers for the month of August ,2022 effective from 1st August is NGN 18,000 per 50 Kg bag Ex-plant (360,000 NGN / MT ) for sales inside Nigeria. The company reserves the right to unilaterally cancel any sales order, DOs with immediate effect, and blacklist the agro dealer if Urea sold to any of the registered ago-dealers moves out of the country. Agro Dealers shall not distribute, sell, or aid in the movement of Indorama Urea outside of their own Territory as mentioned in the movement approval from the National Security Advisor ( NSA ) Indorama Powers Nigeria's Petrochemicals, Fertilizer     Nigeria: Presidential Fertilizer Committee Commends Indorama for Keying into Plan to Supply NPK at Cheaper Price to Farmers Nationwide    

Board Members

Mr. S.P. Lohia, Chairman (Indorama Corporation)

Mr. S P Lohia is the Founder and Chairman of Indorama Corporation, a diversified Petrochemical & Textile company. He established PT. Indo- Rama Synthetics along with his father, Mr. M.L. Lohia, in 1975. He has more than 40 years of experience in the manufacturing industry and sits on the boards of various companies that are part of Indorama Corporation. He is also the Chairman of Indorama Ventures Public Company Limited (Listed on the Thai Stock Exchange). He holds a Bachelor’s degree in Commerce from the University of Delhi.



Mr. Amit Lohia, Vice Chairman (Indorama Corporation)

Mr. Amit Lohia, holds a Bachelor’s Degree in Finance from Wharton School of Business, USA. He joined Indorama Corporation in 1995. Since then, he has successfully been running its world-wide operations, acquired & turned around distressed assets, and established large scale green field projects for Indorama in various parts of the world. He is currently the Vice Chairman of Indorama Corporation, which is a holding company with subsidiaries manufacturing fertilizers, polymers, medical gloves, and textile raw materials. Mr. Amit Lohia is on the board of several companies including Indorama Eleme Petrochemicals Limited and Indorama Eleme Fertilizer and Chemicals Limited



Mr. Manish Mundra, Managing Director

Mr. Manish Mundra is a Management Graduate (MBA) in Finance and Marketing from University of Jodhpur, Rajasthan, India. He has over 20 years of International Management and M&A experience in a wide range of Manufacturing Industries.
Mr. Mundra joined Indorama in 2002 in a Corporate Strategy, reporting to the Chairman, Mr. S P Lohia. As a result of his resourcefulness, he was later transferred to Indorama Nigeria in 2005 as a Project Manager for the acquisition of Eleme Petrochemicals Company Limited. Post-Acquisition, he continued to play important roles in various departments and initiatives, especially marketing, government relations and community engagement.
Mr. Mundra was appointed as Deputy Managing Director of the Company in 2007 and as the Managing Director in the year 2009. He has exhibited tremendous management skills in running the Nigeria and Senegal operations, especially the expansion projects which are now concluded - Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) and ICS Senegal.

Mr. Munish Jindal, Director

Mr. Munish Jindal is a Honours Graduate in Commerce and a qualified Chartered Accountant from India. He has more than 25 years of rich experience in corporate finance and commercial activities in an array of different industries. He has been associated with Indorama Group since 1997 and in Indorama Eleme Petrochemicals Limited since January 2007. In the year 2008, Mr. Jindal has been appointed as Chief Financial Officer (CFO) of IPL in Nigeria. Mr. Jindal was also appointed as Director of Indorama Eleme Petrochemicals Limited in March 2009 and Indorama Eleme Fertilizer & Chemicals Limited in March 2010 onwards.

Mr. Deepu Sivadas, Director

Mr. Deepu Sivadas is the Chief Technical Officer of Indorama Eleme Petrochemicals Limited and Indorama Eleme Fertilizer & Chemicals Limited. Mr. Sivadas is a Mechanical Engineer from India with over 28 years of rich experience and excellent track record in Engineering, Technology, Project Management, Operations, Maintenance, Productivity, Safety and Quality Management Functions. He possesses vast leadership and technical expertise in Petrochemicals, Refinery, Oil & Gas, Polyester, Polyester Intermediates and Fertilizer Industries in India, US, Indonesia, Nigeria and Senegal. He was responsible for the engineering, construction, and commissioning of IEFCL Projects in Nigeria. Mr. Sivadas is also having extensive experience in the field of Mergers & Acquisitions, Project commercial matters, Operational Excellence & Best Practices. Mr. Deepu Sivadas was appointed as a director of Indorama Eleme Petrochemicals Limited & Indorama Eleme Fertilizer and Chemicals Limited in the year 2017.

Mr. Zahi El Khatib, Director

Mr. Zahi El Khatib holds a Masters degree in Finance and Economics from the London School of Economics and a Bachelor of Economics from the American University of Beirut. He has over 15 years of experience in private equity and investment banking in Europe, Middle East, and Africa. He has been on the board of companies in the energy, water, and power sectors. He has worked on evaluating and executing leveraged buyouts, exits and operational and financial restructurings of companies. Mr. Zahi El Khatib was appointed as a director of Indorama Eleme Fertilizer and Chemicals Limited in the year 2016.