Cordiant purchases $10m participation in IFC loan for Eleme Petrochemicals Company Limited

In January, 2007, Cordiant purchased $10m in IFC’s loan to Indorama Petro in support of its acquisition of 62% of Eleme Petrochemicals Company Limited, the only petrochemical manufacturer in Nigeria. For more information on the Eleme project, please consult the IFC website: Eleme