Expected to be completed in the first three months of 2026, the future factory will produce the national Etu brand, aiming to address the shortage of this product in the domestic market while also creating several jobs.
In addition to serving the Angolan market and promoting employment, the factory will also help put a brake on imports, according to the company's Chairman of the Board of Directors (CEO), Edson dos Santos.
Speaking in the scope of the project presentation, held on the second day of the Angola International Trade Fair (FILDA) – taking place until Sunday in the Special Economic Zone (SEZ) – the CEO of Etu Energias stated that the project aims to meet the growing demand in the country's market and promote import substitution.
Speaking to Angop, Edson dos Santos stated that this initiative is part of a broader expansion plan for the company, which includes increasing the network of gas stations, with the number expected to increase from four to 40 within the next four years.
Taking stock of recent growth, he highlighted that, in the last three years, the company has tripled its crude oil production, establishing itself as one of the leading energy companies in the country.
The CEO stated that, by diversifying lubricant manufacturing and fuel distribution, Etu Energias is moving toward vertical integration of its activities, Angop reports.
On the social front, he highlighted the company's commitment to the social progress of the communities where it operates, focusing on projects in education, health, agriculture, among others. "We never forget the communities surrounding our operations; we believe that the company's growth must go hand in hand with the sustainable development of the regions where we operate," he added.
Regarding FILDA, he said the fair highlights the country's potential, as it allows companies to showcase their products.
"For Etu Energias, this is a time to reaffirm its commitment to the country and strengthen national industry," he said, as quoted by Angop.
