Future Energy Source Company Limited (FESCO) on Thursday, launched its brand of cooking gas FESGAS, and labelled it as safe, more appealing, and a fully local brand.
This comes as they have acquired the assets related to the liquefied petroleum gas (LPG) business of Wilson Beck LPG Limited (WB); the transaction was completed on Wednesday, April 5, 2023.
According to the company, this asset supports its advancement goals for entering the cooking gas market.
FESCO’s Managing Director, Jeremy Barnes says “The assets appealed to us for many reasons, including the plant’s capacity. We are intentional about opportunities that allow us to expand our value-added products and to efficiently serve our broad customer base.”
He added that shareholders have placed a lot of confidence in FESCO, and the team is working to continue to deliver meaningfully.
At the launch, we caught up with him and he explained the reasons for FesGas.
Mr. Barnes shared that FESGAS is heading into the commercial space and made it known that it is a proud Jamaican brand.
He also explained why the cylinders are safe and more appealing than the others on the market.
FesGas is so far available in Kingston and St. Andrew, St. Catherine and Manchester. They are gradually expanding to other parishes.
