Home Business GOIL, SMB collaborate to make $35m bitumen plant in Ghana

GOIL, SMB collaborate to make $35m bitumen plant in Ghana


President Addo Dankwa Akufo-Addo has assured Ghanaians that the Government will supply main roadways that are far more robust and can stand the climate situations of the state.

This, he mentioned, is in furtherance of government’s enormous highway design program in 2019 and 2020.

The President’s comments were contained in a speech browse on his behalf by the Minister of Electrical power, John Peter Amewu, at the sod cutting ceremony to mark the beginning of the GOIL/SMB Bitumen project in Tema.

The $35 million joint venture amongst GOIL and Ivoire’s Societe Multinationale de Bitumes (SMB) of La Cote D’Ivoire will be accomplished in two a long time and includes the building of a Bitumen Plant for storage of uncooked bitumen. The plant will be milling raw bitumen and polymers to create PMB and Bitumen Emulsions.

 Mr Amewu mentioned the raising desire for bitumen paved streets in Ghana indicating the Ministry of Streets and Highways intends to rehabilitate and assemble a number of hundreds of kilometres of highways and urban with Polymer Modified Bitumen (PMB), a bold try at increasing the lifespan of our roadways.

“Our assure to supply good quality road infrastructure for the folks of Ghana is constant and unrelenting till the men and women get great transport infrastructure and company. Owing to the results of the PMB, which is verified to give a more time everyday living span to asphalted streets, the Ghana Highways Authority also designs to keep on using it for all significant highways resurfacing or construction in the country”, he emphasized.

 He congratulated GOIL and SMB for the enterprise, which he said, was a classic case in point of the prospective cooperation in enhancement deserving of emulation in the ECOWAS sub-region

The Acting Handling Director and Group CEO of GOIL, Mr. Kwame Osei-Prempeh stated that the partnership with SMB dates as considerably back again as 2003 when GOIL made the decision to industry Bitumen. The aim was to enjoy a main position in the building of roadways through the provide of bitumen which at the time was dominated mostly by multinationals.

He acknowledged the yeoman’s job performed by his predecessor, Mr. Patrick A.K. Akorli, for the foresight and willpower that has brought the dream to fruition. He similarly acknowledged the good work by Nana Yaw Owusu, Otumfuo’s Mpaboahene and agent of SMB as properly as the GOIL crew for the patriotic eyesight for Ghana.

The Handling Director of SMB, Mr. Mamadou Doumbia of La Cote D’Ivoire acknowledged that Ghana has been the company’s key and proud purchaser, supplying the state of about 80% of the bitumen prerequisite. He promised the task will more cement financial cooperation among Ghana and Cote D’ Ivoire.

Present at the ceremony had been the Board Chairman of GOIL, Hon. Kwamena Bartels, Board members and Administration of GOIL, Chiefs of the space, officials from Ghana Highways Authority and other business enterprise companions of GOIL.

Goil, SMB bitumen

Photo: GOIL and SMB officers and other dignitaries at the sod-chopping occasion.

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