Zex Standard Chemicals Limitedx
About Zex Standard Chemicals Limitedx
Zex Standard Pharmaceuticals Limited was incorporated in May 2013 to principally import and distribute ethanol in drums mostly from exporters in India.
The ethanol demand of the Nigerian market is about Two Hundred Million (200,000,000) liters per annum. Zex Standard Pharmaceuticals Limited is targeting 15% (fifteen percent) or Thirty million liters per annum of this market.
Ethanol, also called ethyl alcohol has various uses;
- As fuel in stoves
- In pharmaceutical production
- As solvents
- In the production of alcohol beverages eg whisky, Gin, Schnapps, and more lately ready-to-drink eg origin, Alomo Bitters etc
It is important to note that alcoholic beverages consume over 90% of ethanol imported to Nigeria.