While both companies differ in market dynamics, Nigeria serving a cost-sensitive, rapidly growing market and the UAE focusing on premium applications and regulatory compliance, the need for operational consistency led to the adoption of the Flexibiz ERP platform.
The 30 percent oversubscription rate serves as a resounding validation of Polysmart’s credit strength, robust business fundamentals, and its pivotal role in Nigerian manufacturing.
The programme establishes a coordinated downstream process involving evacuation to central aggregation hubs, then to licensed recycling facilities.
Users deposit recyclable waste at designated collection points and receive digital credits stored in a secure digital wallet.
Dangote’s integrated complex, which already produces gasoline, diesel, jet fuel, and polypropyle, now enadds these petrochemical streams, allowing Nigerian packaging manufacturers and detergent formulators to source locally.
Certified recyclers are doing their part, yet they compete with informal burning and backyard dumping that still defines most e-waste disposal across the city.
The Lagos project will create demand for sorting equipment, processing technology, and recycled material off-takers, while the highway and road upgrades promise to reduce the logistics costs that have long plagued intra-regional trade.
Cross River joins Lagos, Oyo, Anambra, and Osun as one of only five Nigerian states undertaking circular economy pushes, an effort with the potential to generate two million jobs across the country by 2030.
The partnership aims to build one of Africa’s largest recycled PET plants, producing 45,000 tonnes of food-grade resin annually.
Investment positions company for rising demand in recycled packaging.