In the past, most clients chose to buy palm oil and pack it then sell, but now they find it is more profitable to start palm oil processing business by themselves since there are many favorable conditions locally. But any business needs to be well prepared, before embarking on palm oil processing business in Nigeria, there are some local factors you need to consider carefully.
One of small scale palm oil processing businesses in Nigeria
First, before embarking on palm oil processing business, we suggest you do some market research and feasibility study according to your local situation, like raw material price, end market, final oil product, labor cost, water and electricity cost etc. Then you can have a rough idea about how much to invest. Also, if you want to get money through bank loan, you can talk with local bank manager about the detailed loan application procedures.
Palm oil processing business market research and feasibility study
Then is about the source of raw materials. If you want to get crude palm oil from fresh palm fruit bunches, then you can consider planting your own palm plantation or buying FFB from local farmers; if planting by yourself, then it will take around 3-5 years for it to harvest. If you choose to refine crude palm oil, then better source the crude palm oil with acid value around 5%, so that you won't loss much oil after refining.
Raw materials is one of main factors need to consider before embarking on palm oil processing business
Finally is to find a suitable land to build palm oil factory. Henan Doing Company's engineers suggest that you'd better choose the place with good transportation conditions. And we can tell you rough workshop size after you decide which machine you need. After signing the contract and paying the deposit, we can also design foundation drawings and machine layout drawings based on your land size and situation.
You need to find a suitable land to build palm oil factory
If all the above work are finished, and you think you have the ability to start the palm oil processing business, then you can try to find a reliable palm oil processing machine supplier who can supply high quality low price palm oil machines for you.
If you are looking for palm oil processing machine supplier, Henan Doing Group will be a nice choice who can supply turnkey palm oil mill project from technology designing, machine manufacturing to installation and commissioning. As well as training your workers and offering after-sales service. Welcome for your inquiry！
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