The business opportunities in red palm oil production in Africa are quite impressive.Palm oil makes up nearly 50 percent of edible oils consumed worldwide. This is the reason why so many people want to start a palm oil processing business in Abuja , Nigeria?But when you start your palm oil processing business, you need to consider what types palm oil milling machine can be chooes?
Palm oil mill plant in Abuja, Nigeria
Who uses palm oil? Why the huge demand?
Palm oil is a hugely versatile vegetable oil used in a variety of ways in different cultures, industries and markets. In food, palm oil is used as a substitute for fat in making condensed milk, coffee cream, ice cream and margarine.
Because of its consistency and ability to resist high temperatures, it is commonly used as cooking oil and is considered one of the best oils for frying. All these amazing qualities make palm oil a highly sought after commodity in homes, restaurants and food processing industries.
As a non-food product, palm oil makes an important raw material in the production of soaps, detergents, greases, lubricants and candles.
With the growing profile of the biofuels market, palm oil has also proven to be a valuable feedstock for biodiesel and serves as an alternative to mineral oils used in power stations.
Palm oil derivatives are widely used in the pharmaceuticals and cosmetics industry. It is also used in the production of printing ink, drilling fluids and water-treatment products.
Apart from local trade in palm oil, it is heavily sold on the international markets as CPO (Crude Palm Oil) and usually commands a high premium price given its vast capabilities and high demand from several industries.
Uses of palm oil
If you really want to start a palm oil processing business in Abuja, one thing you must to know: Palm Oil Production Season
Unlike other types of businesses, this is a business that has its seasons and not an all-year round kind of business. The Palm oil peak season starts in February through April/May. This is when you would buy your palm oil in large quantities in wait for the off-peak period.
During Peak Periods, you could get a 25 liter keg of Palm oil for as low N4, 000 which could be sold for as much as N8, 000 between July and January which is the off-peak season.
To start palm oil processing business, these are the steps to take:
1, How many tons do you want to process one day? What types palm oil milling machine can be choosed?
If you want to process palm fruit 300-500kg/h, you only need to buy 300-500kg/h palm oil milling machine;
300-500kg/h palm oil milling machine
If you want to process palm fruit 1-10tpd, you can consider to buy small scale palm oil press production line;
Small scale palm oil press production line
If you want to process palm fruit over 10tph, you can consider to buy large scale palm oil press production line;
Large scale palm oil milling machine
2, How much does it cost to buy a palm oil milling machine?
Different capacity with different price, the cost of 300-500kg/h palm oil press machine is about USD2000, the cost of 1-5tph palm oil press production line is about USD600,000 . If you want to know the exact price of large capacity palm oil milling machine you can contact palm oil milling machine manufacturer ,such as Henan Doing Mechanical Equipment Co.,Ltd , It will supply palm oil milling machine quotation for you according to your capacity.
3, If you want to start a large palm oil mill, how long does it take to build a palm oil mill plant?
If you need to buy 300-500kg/h palm oil press machine, it don't need to installation, you can directly use. If you need to buy small scale palm oil milling machine or large capacity palm oil milling machine,you need to ask the palm oil milling machine mannufacturer , it will decided by various factors.
Above is some questions anyone who want to start a palm oil production business need to consider. Solved this questions, you need to consider where can i buy palm oil milling machine? Which company produced palm oil equipment is better?
As a professional manufacturer of palm oil milling machine, I want to tell you that: Our palm oil milling machine have exported to India, Indonesia, Malaysia, Nigeria, Libearia, Abuja, Cote d'Ivoire，Congo，Sierra Leone and other countries and regions，And our palm oil milling machine running well and feedback well, especially 300-500kg/h palm oil press machine. In order to help more people learn about palm oil milling machine, We have participated many times Nigeria exhibition, the latest exhibition is China Commodities Expo-Nigeria 2018 which hold in TBS, Onikan Lagos, Lagos, Nigeria .
And we have successfully installed many palm oil mill projects in Abuja. This year we installed 1tph palm oil press production line in Abuja, and 2tph palm kernel cracking and separating machine in Abuja. More information about palm oil milling machine, you can contact us , we will supply services more than you think.