Egyptian Investor Group Targets Fibre Gas Cylinder Factory in Ghana

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 Ghana’s 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.

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