Pacegate Energy, CES launch ultra-modern chemical manufacturing plant

NIGERIA – Pacegate Energy and Resources Limited (PEARL), an arm of Pacegate Limited, in collaboration with its partner, Canadian Energy Solutions (CES) Limited has launched an ultra-modern chemical manufacturing plant in Nigeria.

The 12.9 metric tons per day chemical manufacturing plant located at Ilupeju Industrial Avenue, Lagos would be formulating and manufacturing drilling chemicals, water and oil -based production chemicals to serve its clients in the oil and gas industry as well as the transportation sector.

PEARL, an Integrated Management System said it would provide chemical treatment solutions, laboratory testing and services, and professional field support services to the upstream and downstream sectors of the Nigerian oil and gas industry as well as other relevant sectors.

This was in a bid to meet the growing needs of the oil and gas and transportation sectors of the Nigerian economy and Africa at large.

It said the milestone was made possible by its partnership with global energy solutions provider, CES and the partnership will see PEARL’s wide reach in both offshore and onshore operations supported and extended by CES’ global capabilities.

“As the oil and gas sector continues to grow, it is expedient that we consider the effect it has on the environment, among others.”

Mr. Franklin Oranusih – General Manager, PEARL

PEARL said it would commence the formulation of eco-friendly products and provide superior innovative treatment chemicals and application technology services to oil and gas exploration and production platforms, refineries, petrochemical plants, among others.

Speaking on the partnership, the General Manager, PEARL, Mr. Franklin Oranusih, said that PEARL was established out of a desire to solve industrial challenges with innovative solutions and partnerships.

“We have a commitment to deliver quality and eco-friendly products as we continue to play our part in supporting local content in Africa. As the oil and gas sector continues to grow, it is expedient that we consider the effect it has on the environment, among others,” he said.

“This partnership is a sign of our commitment and we are delighted to announce it. We also appreciate the support of the Ministry of Industry, Trade and Investment and the Nigerian Content Development and Monitoring Board – NCDMB for its support as we continue to fulfil this commitment.”

The plant was inaugurated recently by the Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, in the presence of the Indian High Commissioner to Nigeria, Mr. Abhay Thakur; among other industry stakeholders.

Commenting on the investment and partnership, Adebayo stated that innovative partnerships such as the one by PEARL and CES was needed to boost local content in Nigeria.

“I am pleased to formally commission the first local content fluids and chemical solutions manufacturing plant in Nigeria, which represents a significant landmark for the country’s industrialisation programme,” he said.

“Domestication of products has been at the centre of this administration’s industrialisation programme to drive job intensive growth of the Nigerian economy. It will increase local production, create job opportunity and improve our foreign exchange reserve position.

“I believe this will help in taking us ahead in our effort to diversify the economy and increase the contribution of the manufacturing sector to Gross Domestic Product.”

The minister added that the plant would most especially provide jobs to Nigeria’s workforce, promote local content and save the nation the extra cost of importing the now locally produced input.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.