Helios Methanol FZE is recently inaugurated following the registration with the Oil and Gas Free Zones Authority (OGFZA) in Nigeria. The Company is under the planning stage of Nigeria’s first methanol plant with an annual capacity of 5000MTPD.
The plant will be situated in the industrial zone of Akwa Ibom in Uyo State, Nigeria.
Methanol is obtained from natural gas and is a basic material for chemical processing.
Methanol has a high market potential as a fuel for power plants and vehicles (biodiesel) and above all as a feed material for further processing by the chemical industry.
With the visionary project, the Company is trying to enter into everyday life with a vast variety of applications from paints, to fibres, resins, coatings, and many more.