mini cooking oil processing plant in ivory coast

   
mini cooking oil processing plant in ivory coast
                                               
                                               
                                               
                                               
  • mini cooking oil processing plant in ivory coast
  • What is Olam International doing in Cote d'Ivoire?
  • Olam International, a leading global integrated supply chain manager and processor of agricultural products and food ingredients, today announced that it will invest US$43.5 million in Cote d¡¯Ivoire to set up a greenfield cocoa processing facility in Abidjan as well as a primary processing and warehousing facility in San Pedro.
  • How will Olam's cocoa plant be funded?
  • The investment will be fully funded by a combination of internal accruals and borrowings. The cocoa processing plant will process approximately 60,000 metric tonnes of cocoa beans into cocoa products, namely liquor, butter and cake. It will be supplied with clean cocoa beans from Olam¡¯s existing primary processing plant in Abidjan.
  • What products does Olam produce?
  • With direct sourcing and processing in most major producing countries for its various products, Olam has built a global leadership position in many of its businesses, including cocoa, coffee, cashew, sesame, rice, cotton and wood products.
  • Why did Olam invest in cocoa processing?
  • Said Olam¡¯s Managing Director and Global Head for Cocoa, Gerry Manley: ¡°Our investment into cocoa processing is part of our global cocoa strategy to integrate our value chain selectively by participating in attractive profit pools that will enhance not only our margins but also our overall competitive position in cocoa globally.