Polysmart Packaging Limited has commissioned the first phase of its expanded $60 million recycling facility in Mowe, Ogun State, marking a significant development in Nigeria’s plastic recycling and packaging industry. The facility, officially opened on 29 October 2026, is designed to increase the domestic supply of food-grade recycled polyethylene terephthalate (rPET) for food and beverage packaging while creating greater demand for locally recovered plastic waste. Polysmart describes the expanded operation as Africa’s largest food-grade recycled polyethylene terephthalate facility. However, this ranking remains a company claim. Its announced annual production figures represent...