palm kernel oil production business plan in nigeria
- Product Using: Producing Palm Oil
- Type: Palm Oil Production Business Plan
- Main Machinery: Palm Oil Production Business Plan Machine
- Automatic Grade: Automatic
- Production Capacity: 100%
- Model Number: 1st series Doing palm oil factory
- Voltage: 380V
- Power(W): according to capacity
- Dimension(L*W*H): various with capacity
- Weight: changed with capacity
- Certification: CE and ISO
- After-sales Service Provided: Engineers available to service machinery overseas
- Raw material: palm
- Product: to make crude palm oil or refined palm oil
- Solvent name: n-hexane
- Capacity: from 5T to 2000T palm oil factory
- Oil content in peanut: about 40%
- Oil residues: less than 1%
- Function: getting palm oil
- Manufacturing experience: 19 years experience in edible oil field
- Warranty: 12 months
- Material of equipment: stainless steel and carbon steel
- Project Location: nigeria
PALM KERNEL OIL PRODUCTION IN NIGERIA, THE BUSINESS PLAN
Palm Kernel trees which bear the nuts are indigenous to the Southern part of Nigeria. They are particularly the main stay of the economy of the people of the old Eastern Nigeria, Benue and Kogi States. Palm Kernel nuts are oil bearing seeds. They contain between 40% and 48% of oil, 55% and 47% of cake and 5% of sludge and debris.
We will be selling Palm Kernel cake for animal feeds to 112 feed mills on monthly basis at N 10,000 per sack and in a year that’s is N 13,440,000. For more detailed marketing analysis get our template or customized business plan today. OUR TARGET MARKET. SWOT ANALYSIS OF OUR PALM KERNEL OIL BUSINESS PLAN IN NIGERIA.
Palm Kernel Oil Business Plan [Sample Template]
Below is a sample palm kernel oil production business plan; A Sample Palm Kernel Oil Production Business Plan Template 1. Industry Overview. The palm oil fruit is one of the most important fruit crop globally because the benefits that is gotten from all parts of the tree, from the palm fronds, to the palm oil extracted from the fruits and the palm kernel oil extracted from the palm nuts.
The business of palm kernel oil production is a very lucrative one that has a large market in Nigeria due to its industrial applications. Setting Up Cost We prepared a well researched business plan that envisaged a palm kernel oil production plant with a processing capacity of 10 tons per day, producing about 4,000 liters of PKO and over 4
Palm Kernel Oil Business Plan | PDF | Feasibility Study
PALM KERNEL OIL BUSINESS PLAN - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. This document provides details on conducting a feasibility study for palm oil production in Nigeria. It discusses the components of a feasibility study, including an executive summary, technical feasibility, legal
Account Number: 0044056891. After payment, send your name, email address and “Palm Kernel Oil Production Business Plan in Nigeria pdf” to 07033378184. Starting a successful palm kernel oil extraction business in Nigeria. Without a doubt, there is a very high demand for palm kernel oil within and outside Nigeria.
X-raying the Nigerian palm oil sector - PwC
In the early 1960s, Nigeria was the world's largest palm oil producer with global market share of 43%. Today, it is the 5th largest producer with less than 2% of total global market production of 74.08 million MT. In 1966, Malaysia and Indonesia surpassed Nigeria as the world's largest palm oil producers. Since then, both countries combined
Introduction to the Palm Kernel Business in Nigeria. Palm kernel, a byproduct of palm oil production, has emerged as a lucrative business opportunity in Nigeria. As Africa’s largest producer of palm oil, Nigeria offers abundant resources for entrepreneurs looking to venture into the palm kernel industry.
How To Start A Profitable Palm Oil Business in Nigeria
Requirements To Start A Palm Oil Business in Nigeria. Here’s a breakdown of the essential requirements to start a palm oil business in Nigeria: 1. Land and Location. Palm trees require well-drained, fertile soil with a pH range of 6.0 to 8.0. Adequate rainfall or irrigation is crucial for optimal growth.
2.1 PALM KERNEL OIL PRODUCTION. This is the process of extracting palm kernel oil (PKO) from palm kernel nuts (PKN). This palm kernel oil which is the primary products are used by industries that produces vegetable oils, soaps, creams and other cosmetics, or for any vital industries purposes.
- Why do Nigerian refineries use palm kernel oil?
- More than 60% of refineries in Nigeria are built on palm kernel oil as raw materials. This is because processing of palm kernel oil involves degumming, bleaching, deodorization, cooling, and packaging. This product is liquid at ambient conditions except during the rainy season when the product congeals due to low temperatures (<20°C).
- What is the palm oil industry like in Nigeria?
- The Nigerian palm oil industry is very fragmented and dominated by numerous small-scale farm holders, which account for over 80% of local production, while established plantations account for less than 20% of the total market.
- What is a unique feature of the Nigerian vegetable oil market?
- A unique feature of the Nigerian vegetable oil market is a household product in which palm oil and palm kernel oil are blended at ratios 20:80 to 40:60. This product evolution arose from the need to reduce production cost because palm oil is always cheaper than palm kernel oil in the Nigerian market.
- Why was unfractionated refined palm oil not marketable in Nigeria?
- Unfractionated refined palm oil was not marketable to industrial end users in Nigeria hence the boom in the smuggling of refined bleached and deodorized palm olein from Malaysia and Singapore and the extraction of palm kernel oil for household frying.