palm kernel oil production business plan in nigeria

   
palm kernel oil production business plan in nigeria
                                               
                                               
                                               
                                               
  • palm kernel oil production business plan in nigeria
  • 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.