PROFILE OF ALSA PETROCHEMICAL INDUSTRIES LIMITED
To be the global hallmark of quality and excellent service delivery in the petroleum and petrochemicals industry.
To deliver premium services to our customers through value addition, excellent service delivery, premium products and higher returns to our stakeholders.
WHO WE ARE
ALSA PETROCHEMICAL INDUSTRIES LIMITED was established on 22nd September 2008 as a subsidiary of Masters Energy Oil & Gas Limited. Our operations cover key areas in the petrochemical industry which include blending of lubricants, grease, brake fluid, petroleum jelly, transformer oil, engine coolant and automatic transmission fluids (ATF) production.
ALSA PETROCHEMICAL INDUSTRIES LIMITED is focused to be a major player in the Petrochemical industry in Nigeria. The construction of the ultra modern lubes blending plant in Onuaku, Uturu in Abia state for the production of premium quality lubricating oils, greases, transformer oil, engine coolant and ATF with a projected capacity of 75,000 metric tonnes per annum attests to the determination of the company to ensure its dominance in the petrochemical processing sector of the Nigerian economy.
Aside from the Uturu mega plant aforementioned, the company has a lubricants blending plant in Mowe along Lagos Ibadan expressway with annual production capacity of 10,000 metric tonnes aimed at boosting the company’s production as it positions itself to be a leader in lubricants production in Nigeria and the West African sub region.
OUR SCOPE OF OPERATIONS (LUBRICANTS)
Whilst the construction of the ultra modern lubricants plant with 75,000 metric tonnes annual capacity is underway in Masters Energy Industrial city, Onuaku Uturu in Isuikwuato Abia state with 80% of the projected completed, the Mowe lubes plant has commenced production. The capacity of the Mowe plant is 10,000 metric tonnes per annum.
We are also positioning ourselves to go into the production of transformer oil, engine coolants and automatic transformer fluids (ATF).
BASE OILS IMPORTATION AND MARKETING
ALSA PETROCHEMICAL INDUSTRIES LIMITED is positioning itself to be a major importer and marketer of premium quality base oils such as BS150, SN 150, SN 500, SN 900 to bridge the gap in supply deficit in the lubricants market in Nigeria.
Besides the marketing of base oils, the blending requirements of our lubricants plants will equally be sourced from the imported base oils.
Base oils market is quite a lucrative one but unlike the white products it has low volume but commands one of the highest margins in the petroleum products line.
In ALSA PETROCHEMICAL INDUSTRIES LIMITED, we provide toll blending services for lubes and grease producing companies.
OUR CORE VALUE
Integrity is the bedrock of our existence. We realize that business thrives on honesty. Therefore we demonstrate highest level of sincerity and transparency in all our dealings.
Whilst striving to make profit as a business entity, we remonstrate in strongest terms profit making through unethical means. As far as we are concerned, profit should be made in a legitimate manner.
Our customers are the reason we are in business. We have very high regard and respect for them as well as for our visitors and colleagues as a way of fostering greater understanding and friendship.
We value new and better ways of doing things to the delight of our customers and satisfaction of our stakeholders.
WHAT WE BELIEVE IN (CORPORATE GOVERNANCE)
As a highly focused and motivated organization with primary consideration for good values, our values derive not just from doing business profitably but doing business legitimately and ethically. We believe that as an organization, our actions should be driven by high level adherence to corporate governance (Honesty, Openness, Trust, Integrity, Responsibility and Accountability ) in all issues and ramifications; knowing that we are accountable to both the government and other stakeholders in the conduct of our business.
We have a team of well motivated, multi-talented, multi-tasking and experienced work force that drive the operations of the company. This workforce backed with prerequisite academic qualifications, extensive on the job and technical experience are committed to achieving the goals of the company.
OUR HEALTH, SAFETY AND ENVIRONMENT POLICY
Alsa Petrochemical Industries Limited realizes that safety and health of personnel as well as community are key determinants in ensuring the success of any operation especially in the Oil & Gas as well as Petrochemical sectors.
Safety and environmental issues are given priority attention in the conduct of our business because we strongly believe that:
- Accidents and injuries are preventable
- Everyone has a responsibility for safety both on and off the job
- No business objective is pursued at the expense of safety
- A job is satisfactorily done if it is done safely.
We stop at nothing to achieve zero accident and equipment failure or damage in all our operations; as such safety and environment education is part of our staff orientation and this is a continual process.
Every staff of Alsa Petrochemical Industries Limited has a personal stake and responsibility towards ensuring that we maintain 100% safety compliance and environment friendliness in all our operations.
OUR CORPORATE SOCIAL RESPONSIBILITY
Alsa Petrochemical Industries Limited is a highly responsible corporate citizen. The company aims at ensuring harmonious relationships with communities in our various locations of operations.
We believe that successful and peaceful co-habitation with host communities are essential part of creating good and sustainable returns to our stakeholders and our upward growth. We realize that we must mutually co-inhabit to maximally influence/protect our interests.
We at all times and in consideration aspire to partner with our host communities to provide services that promote societal norms and values, beneficial and sustainable; which will engineer mutual trust, understanding and enabling environment for the conduct of our business.
OUR TRAINING PROGRAMME
As a company, we pay great attention to the quality of our workforce. Our employees remain our most important partners in articulating, translating and achieving our corporate goal. We believe that a well trained employee is an invaluable ally in our organization.
In recognition of this, we ensure that training and retraining of our workforce is given a prime place in our annual schedule. Our manpower development programmes are designed to give our work force sense of belonging and increase their self worth.