The palm kernel oil market segment The palm kernel cake market segment The palm kernel sludge market segment. Once the ground work is well done, and the palm seedlings are properly cared for in their early years, oil palms can live for up to 80 years! You could charge a flat fee on a per kilogram or palm oil business plan in nigeria queens hour basis.
The community is known for its palm plantation which is in abundance and the fertility of its soil. Before now, these industries that depend on palm products for production go as far as neighbouring countries for the raw materials but with the establishment if an oil mill in different Local Government Area in Imo State, most of them will divert to SWAG Oil Mill for their raw materials.
The business is partnership between five people and these people collectively run the business. The factory produces palm kernel oil and palm kernel cake as its main product. Apart from being a popular ingredient in African food especially soups, stews and pottagepalm oil has one of the most versatile uses of any plant product.
The value you offer to customers is a quick, easy and labour-free way to get their palm fruits milled and processed to palm oil. Plentiful rain is very good for the trees and allows them to grow a lot of leaves which lead to more clusters of fruit.
Sc holder in Management and M. The crude oil is further treated to purify and dry it for storage and sale in both local and international markets.
You can also decide to buy oil palm kernels from local farmers, mill them to extract oil and sell off the produce in the local or international market. As the fruit approaches maturity the formation of oil increases rapidly to about 50 percent of mesocarp weigh.
In Southeast Asia, where the extensive plantations are all descended from a small number of transplanted West African palms, trees are generally cut down and replaced when they reach about twenty years old.
More so, at your request it can be extended to feature needed Investment plan and Business plans to start an ultra-modern palm oil processing mill and Palm kernel oil extraction and milling factories. Warm weather all through the year. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business.
The proposed installation capacity of the factory is about metric tons of palm kernel oil per annum and about metric tons of palm kernel cake per annum. A great attribute of palm is that it can be stored for long periods of time therefore you will need a storehouse to keep your product pending when you can sell them off completely.
Storage to sell at in the off season. Labour and work force Needed 9.
Opportunity 3 — Become a bulk trader Bulk traders buy processed palm oil in large quantities and stock them for export or sale in the local market. Subsequently, the revenue generated from the industry will be re-invested into the business and some of the income will be shared among the partners.
Oil Palm Plantation This phase is that phase which involves cultivating a huge number of oil palm trees on farm land which could be an acre or more in size, depending on the capacity of the business owner.
This growth will provide rewarding opportunities for oil palm plantation growers, oil mills and processors and the bulk traders. With an abundance of rain, more than adequate sunshine, and largely fertile soil in the African continent, growing and processing palm oil products can only get a lot better.
However, Africa produces much less palm oil than it is truly capable of because not enough palm trees are cultivated on a commercial scale.
Develop an efficient records system which will contain names and phone numbers of customers as well as their addresses, a directory of suppliers, how much sales is made on a daily and monthly basis, how much is spent on the business, how much profit is made, etc.
Though the community have abundant palm plantation which is part of its natural endowment, the local government will establish improved breeds or species of palm that can produce palm fruits very fast.
Palm oil is also highly regarded medically because of its high nutritional content and therapeutic value. Most bulk traders buy palm oil from local producers in the hinterland and countryside during the harvest periods and store them away in huge containers and barrels until the scarcity periods when they can sell them in towns and cities or export for a very tidy profit.
For your business to blossom and for you to monitor the success rate, it is important that you keep records.
How much hectare is considered commercially viable. This mode of the business entails the business owner purchasing large quantities of the palm oil when it is still cheap during the in season period. A feasibility study of oil palm processing brings to knowledge the possibilities, opportunities that abound in oil palm processing.
This stage will require you to take an intent survey to seek out the most efficient suppliers around. Commercial large-scale oil palm plantation farming is a relatively new phenomenon in West African where oil palm cultivation is basically subsistent and small-scale covering less than 7.Small-Scale Palm Oil Processing Business in Nigeria; A Feasibility Study Elijah I.
Ohimain 1*, Cletus I. Emeti 2, Sylvester C. Izah 1 and Dorcas A. Eretinghe 1 1Department of Biological Sciences, Niger Delta University, Wilberforce Island, Bayelsa State, Nigeria. Palm oil makes up nearly 50 percent of edible oils consumed worldwide. Apart from being a popular ingredient in African food (especially soups, stews and pottage), palm oil has one of the most versatile uses of any plant product.
The global palm oil market is worth hundreds of millions of dollars every year. This Sample Palm Oil Business Plan in Nigeria and feasibility study can be used to access bank loans and mint-body.com DOWN TO THE END OF THIS ARTICLE TO SEE HOW YOU CAN GET OUR BUSINESS PLAN AND FEASIBILITY STUDY ON PALM OIL PRODUCTION IN NIGERIA - Palm oil business is seen as one of the most lucrative business.
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Starting a Palm Oil Plantation – Sample Business Plan Template Oil palm plantation simply involves cultivating oil palm trees.Download