An investment consortium from Egypt, Chemexa Petrochemical Trading and Kaolin have initiated talks to establish a fibre (composite) gas cylinder manufacturing plant in Ghana, as part of a broader plan to invest in the Petroleum Hub Development Project.
The proposed factory, which would produce next-generation LPG cylinders with a lifespan of up to 20 years, is expected to introduce safer and up to 50 per cent lighter cylinders to the market, compared to the traditional steel gas cylinders currently used in Ghana.
The investors say the fibre cylinders, already in use in markets such as Egypt, are 100 per cent recyclable and record 90% fewer explosions, designed to prevent explosions, thereby improving household and industrial gas safety.
Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, who received the investors, noted that the proposed investment has the potential to strengthen Ghanaโs LPG market and assured them that the Corporation would review their investment proposal.
Beyond the gas cylinder factory, the group plans to commit about $200 million to various projects under the Petroleum Hub Development Project.
It will be recalled that the consortium signed a Memorandum of Understanding with the PHDC in 2025 to participate in the petroleum hub project.
Signed on Tuesday, October 14, 2025, the MoU provides the preliminary framework that eventually enables Chemexa and Afdat to participate in the project by building storage tanks with a cumulative capacity of 7 million cubic meters.
About the PHDC
The Petroleum Hub Development Corporation (PHDC) was established under the Petroleum Hub Development Corporation Act, 2020 (Act 1053) to lead the development of a world-class petroleum and petrochemical hub in Ghana. The hub is intended to serve the energy needs of the West African sub-region and the broader continent.
PHDC aims to promote innovation, research, and strategic infrastructure development to meet Africaโs growing demand for petroleum products and services. By creating an integrated petroleum value chain, the Corporation seeks to unlock economic opportunities, foster industrial growth, and create sustainable employment for Ghanaians and citizens across Africa.
About the Petroleum Hub Project
The Petroleum Hub Project, estimated at $60 billion, will be located in Jomoro, in Ghanaโs Western Region. The hub will comprise: Three refineries with a total capacity of 900,000 barrels per stream day (BPSD),
Five petrochemical plants with a minimum capacity of 90,000 BPSD. Storage tanks with a cumulative capacity of 10 million cubic meters and at least two jetties to support import and export activities.
The project is poised to position Ghana as a leading petroleum and petrochemical hub in Africa, enhancing regional energy security and economic integration.
