Defunct Saltpond Ceramics Factory to get Stimulus Package – Minister
The defunct Saltpond Ceramic Factory situated in the feldspar rich Saltpond in the Central Region of Ghana, could see a comeback depending on the factory’s ability to tap into a cheaper source of electricity for production.
This is according to the Minister for Trade and Industry, Alan Kyerematen, who is optimistic the company is likely to benefit from an Onshore Natural Gas Transmission project which will eventually bring down the cost of electricity and the cost of production.
“It is expected that the factory would be a beneficiary of the Ghana Gas Company Onshore Natural Gas Transmission Pipeline (NGTP), which would pass through four regions – Western, Central, Eastern and Greater Accra.
“The factory’s ability to tap gas from the project would bring down the cost of production, similar to that of Twyford (Ghana) Ceramics Company Limited located in the Shama District of the Western Region.”
The company was divested to a Chinese company in the 1990s but they were not able to sustain the operations of the factory citing unreliable supply and high cost of energy as the main reasons for the closure of the factory.
Answering a question posed on the Floor of Parliament by the MP for Mfantseman, Ekow Hayford, about plans by government to revive the Saltpond Ceramic Company, the Minister of Trade and Industry indicated that his outfit is arranging a Stimulus Package for the company under the National Industrial Revitalization Programme.
He added that an assessment to determine the relevant operational and financial interventions required for the resuscitation of the company is being conducted.
Currently, part of the premises of the factory has been sublet to Saltpond Packaging Ltd which is producing carton packaging for companies such as Twyford Ghana Ceramics Company Limited and Unilever Ghana Limited.
The Saltpond Ceramic Factory is situated at Saltpond, the Municipal Capital of the Mfantseman Municipal Assembly in the Central Region. The Municipality has commercial quantities of feldspar at Abonko, Amoada, Saltpond, Otsir and Akorbadze that can be used as enamel for making household utensils, tiles, porcelain, sanitary ware and minor ceramic uses.
The Factory was established in 1972 to make use of the clay deposits within the district. The factory, currently known as Ghana Ceramics Company, was a major source of employment in the area but had been defunct for years after its divestiture in the 1990s.
Source: Clement Akoloh||Africanewsradio.com