Egyptian Investors Set Sights on Fibre Gas Cylinder Factory in Ghana

Egyptian firms Chemexa Petrochemical Trading and Kaolin are planning to establish a fibre (composite) gas cylinder manufacturing facility in Ghana, as part of their wider involvement in the Petroleum Hub Development Project.

The proposed plant would produce next-generation LPG cylinders that are up to 50 percent lighter than conventional steel cylinders and have a lifespan of up to 20 years. Already used in markets like Egypt, these cylinders are fully recyclable and designed to reduce explosions, enhancing safety for homes and industrial settings.

Dr Toni Aubynn, CEO of the Petroleum Hub Development Corporation (PHDC), met with the investors and emphasized the project’s potential to strengthen Ghana’s LPG sector. He confirmed that their proposal would be thoroughly evaluated.

The investment group plans to channel around US$200 million into several initiatives under the Petroleum Hub Development Project. In 2025, they signed a Memorandum of Understanding with PHDC to participate in the hub, which includes constructing storage tanks totaling 7 million cubic meters.

PHDC, established under the Petroleum Hub Development Corporation Act, 2020, is tasked with developing a world-class petroleum and petrochemical hub in Ghana. The initiative aims to meet West Africa’s energy needs, boost industrial growth, create jobs, and establish an integrated petroleum value chain for the continent.