Actually, the exact cost of a palm oil refinery machine would vary from the different requirements and specific situations. Usually, the equipment cost for setting up a palm oil refinery plant ranges from $ 60,000.00 to $ 300,000.00. This is just for reference.
What is the palm oil refining industry?
The palm oil refining industry is one of the most important manufacturing sectors in the world. Palm oil has become an increasingly important vegetable oil in the world market and currently, Indonesia & Malaysia are the largest producer and exporting company of Crude Palm oil.
Where are palm oil refineries typically located?
Palm oil refineries are typically located close to ports from which the palm oil can be shipped to other destinations. Wilmar, for instance, owns shipping companies such as Yihai Kerry International Trading Co. Ltd which transport palm oil and other related palm oil products around the world.