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  • Who are the palm oil companies in Nigeria?
  • Nofex Global Ventures Nigeria Limited 10. Mobilepalm 11. JPH-ZMART Global Company, Ltd. 12. Grace-Wenji import and export service 13. Hendrislinks Nigeria Limited 14. Royal Palm Refinery Ltd 15. Ticantan Centenary LTD What role do palm oil corporations play in Nigeria? How do these businesses guarantee the production of palm oil is sustainable?
  • Who is Royal Palm Refinery Ltd?
  • Royal Palm Refinery Ltd. has made a name for itself by committing to quality and innovation as a leading force in the Nigerian palm oil market. The palm oil the business uses is obtained from carefully tended plants, guaranteeing superior quality.
  • When did rimco start a palm oil refinery?
  • In 1990, it did a backward integration and started the 100mt per day palm kernel crushing mill to produce the crude palm kernel oil for the refinery. Present day RIMCO further expansion with the solvent extraction Refinery recently commission by the Vice President of Nigeria, Professor Osibanjo in 2016.
  • Can Presco plc help Nigeria grow its palm oil production?
  • Nigeria’s palm oil imports from Malaysia, a leading global producer, increased by 65.3% in the first nine months of 2023. Businesses like Presco Plc can play pivotal roles in addressing these challenges and maximizing the potential of palm oil production in Nigeria.
  • Does Presco have a palm oil mill?
  • It also has an olein and stearin packaging plant and a biogas plant to treat its palm oil mill effluent. It is the first of its kind in West Africa Presco specialises in the cultivation of oil palm and in the extraction, refining and fractionation of crude palm oil into finished products.
  • Why should we invest in palm oil production in Nigeria?
  • By investing in domestic palm oil production, Nigeria can create employment opportunities in rural areas, where most palm oil plantations are located. This can help alleviate poverty and drive economic growth in these regions.