donparosky:
buyers pls ensure u empty @least few gallons from ur deliveries to confirm quality before payment.what I saw today @ Abj was terrible. some folks now fill dbottom of 25litres wif chemicals while d top is ur usual oil. the low price is used as bait for customers.just be sure u test and examine them before paying.best wihes

Re u kidding me? Na wa o. Abeg make dem no spoil biz 4 us o.

loving this.

Peeo:


Re u kidding me? Na wa o. Abeg make dem no spoil biz 4 us o.

my dear, am hearing its Ghana oil bla bla bla!!! buh before my deliveries cud be confirmed ehh! enuf checks. me self reject empty gallons where I suppose buy cos I no want hear stories

Peeo:


Re u kidding me? Na wa o. Abeg make dem no spoil biz 4 us o.

Na wa o! May God save us from all these bloody scammers .


peeo and donparosky, keep up the good work. some us are just following you guys silently. I really want to venture into the biz. I'm in the process of securing a shop for storage.

And I'm budgeting like 100k to start. I'll need you guys guidance and counsel. I'm based in ibadan

techcloud:


Na wa o! May God save us from all these bloody scammers .


peeo and donparosky, keep up the good work. some us are just following you guys silently. I really want to venture into the biz. I'm in the process of securing a shop for storage.

And I'm budgeting like 100k to start. I'll need you guys guidance and counsel. I'm based in ibadan

u most welcomed sir! compliments of d season

came across this and thought it might be helpful:
How to Start a Palm Oil Processing Company

Are you interested in the agro-allied or food processing sector? Do you need a sample palm oil processing business plan template? Then here’s an in-depth guide on how to start a palm oil processing company.

Though very lucrative, the palm oil business is commonly overlooked. Palm oil is the most consumed edible oil worldwide, as it is a popular food ingredient in Africa and some parts of Asia (such as in Malaysia and Indonesia).

Why You should invest in starting a palm oil processing plant

Palm oil is in greatest demand in West Africa, where it is used in almost every home for cooking and few other purposes. But in spite of this, the region produces less than 5% of the palm oil produced worldwide. Malaysia and Indonesia are the world’s largest producers and exporters of the commodity.

And West Africa is one of their biggest export markets because countries in the region are not producing enough palm oil to meet the demands of their local markets.

Presently, the global palm oil market is worth hundreds of millions of dollars, and it only keeps growing. You can make a lot of money by tapping into this lucrative market. There are many opportunities in palm oil production for interested entrepreneurs.

But before I go into further details, I would like to tell you more about this commodity and why it is highly preferred for cooking and other uses. (I am assuming that you didn’t know anything about palm oil before now. I’m sorry if you already did).

Palm oil is a red viscous oil extracted from the outer covering of the palm kernel fruit. It has its origin in West Africa and has been produced and consumed in the region for centuries. It didn’t become popular in Malaysia, Indonesia, and few other countries in the Far East until a couple a decade back.
Why do many people prefer palm oil to other oils? Here are the reasons:

Palm oil has relatively long shelf life when compared to other edible oils. With good storage facilities in place, palm oil can be stored for up to one year without its quality dwindling down.
Palm oil is a very good source of Vitamin E, which promotes skin health and improves its immunity to infections. It also enhances vision and prevents eye-related diseases.
Palm oil is totally free of cholesterol and low-density lipoproteins. These are the culprits behind many cases of hypertension and other health problems, and they are present in some other edible oils.
Palm oil is relatively cheap when compared to other edible oils.

In addition to the above, palm oil is used for a number of industrial purposes such as in the production of ice cream, margarine, creams, soaps, vitamin supplements, and so on. With the above in mind, let’s now discuss the various business opportunities in palm oil production.

There are many ways to make money from palm oil, depending on how much capital you have. If you have little capital, you can buy and sell palm oil in bulk quantities. But if you have huge capital, you can start a palm oil processing company or a palm kernel extraction plant, which is by far the most lucrative palm oil business. If you are interested in setting up a palm oil processing company, the following are the steps you need to take.
Starting a Palm Oil Processing Company – Sample Business Plan Template

1. Find a good location

Since you won’t be selling to consumers directly, it won’t be necessary to site your processing plant near a nearby market. You should be more concerned with being closer to palm plantations or areas with an abundance of palm trees.

However, if you can be situated closer to both the plantations and marketplace; it will be an added advantage for you. Secondly, your location should be free of unnecessary human and animal movements; yet very accessible for vehicles. This is best because there should be high level of hygiene around your plant.

2. Get the necessary equipment

In the past, palm oil was processed in “oil pots” made in the ground. The processing then involved rubbing and squeezing the palm kernel fruits until the oil was extracted. However, this old method is very wasteful, as it leaves some significant amount of oil left on the kernel fruits that could have been converted into more palm oil.

But nowadays, machines are used to process palm oil. This modern method is more hygienic, and it helps to extract all the palm oil on kernel fruits without leaving any quantity to waste. You should also know that most machines for processing palm oil can be imported or fabricated locally at a cheaper rate. Examples of equipments necessary for palm oil processing business

Palm Fruit Stripper
Boiler
Nut Fiber Separator
Pounding Machine
Mechanical Screw Press
Barrels or surface tanks for storage purposes

3. Setup your processing plant

You may need to seek the services of professionals to help construct the needed infrastructure and also install the processing machines.

4. Hire people to work with you

You will need to hire someone who would operate the palm oil processing machine. If you are planning to have more than one machine, then you would need to hire an operator for each machine. You would also need to hire other employees, such as a security personnel, administrative staff, and so on.

5. Create market awareness

Approach prospective marketers and encourage them to buy from your company. One smart way to retain them for a long term is to offer high quality palm oil at discounted prices. You should also encourage your customers to tell others about your business.

In addition, you can also establish a retail outlet to sell your palm oil. If you decide to go this route, you can create a competitive advantage by branding your gallons and fortifying your palm oil with vitamin A.
Six Challenges of starting a palm oil processing business

It is capital intensive
It is also management intensive
Getting an optimal location with all the needed amenities is quite difficult.
There is every possibility that your palm oil processing will be situated in a remote area, so as to be close to the source of supply (plantation farms). So you should expect some difficulties transporting the bunches of palm fruits from the farm to the processing plant. The same problem may also be faced when transporting the processed palm oil from the plan to the marketplace.
Because of your remote location, there is every possibility that you won’t have access to power supply. So you would have to provide your own power supply using generators. This will invariably increase your operating cost.
For you to be in steady operation, you will need a consistent supply of raw materials (palm fruits) and this can prove quite a challenge especially during the scarcity period. A good way to tackle this problem is to have your own plantation farm or better still, increase your storage capacity. This will enable have a steady supply of palm oil to sell to your customer during the scarcity period.
source:
http://www.mytopbusinessideas.com/palm-oil-processing-company/
hope u enjoyed it..................

donparosky:
u most welcomed sir! compliments of d season

I wish you the same.

compliments of the season! oil price is dropping gradually. its going for 15k presently. cost of rubber and tp not inclusive

Following your thread bk to bk on the pricing.. Keep d gud work rolling, God bless you.

omegainterior:
Following your thread bk to bk on the pricing.. Keep d gud work rolling, God bless you.

tanx boss!

donparosky:
compliments of the season! oil price is dropping gradually. its going for 15k presently. cost of rubber and tp not inclusive

Oga mi, I dey hail o!

Peeo:


Oga mi, I dey hail o!

ahhh see madam dey call him boy Oga! me dey learn from u na? madam any developments, ur boy is ready! whts d price from ur location.

waw i soo much loving this business, i am gonna save for these business big time i am planning on 300k for these business i pray i dont regret.AMEN

donparosky:
ahhh see madam dey call him boy Oga! me dey learn from u na? madam any developments, ur boy is ready! whts d price from ur location.

Lol. D thing still dey fluctuate o. Now btw #15k-#16k. U won't believe it was sold for #13k on wednesday at the palm oil market ! Now d thing don go #15,500/#16k again. I have asked for the current price from 5 different mills sha, I'd keep d house updated on their responses tomorrow.

samueltoski:
waw i soo much loving this business, i am gonna save for these business big time i am planning on 300k for these business i pray i dont regret.AMEN

You'd have no regrets by God's grace. Just follow d procedures and let @donparosky hold u by the hand. As simple as A B C !

Peeo:


Lol. D thing still dey fluctuate o. Now btw #15k-#16k. U won't believe it was sold for #13k on wednesday at the palm oil market ! Now d thing don go #15,500/#16k again. I have asked for the current price from 5 different mills sha, I'd keep d house updated on their responses tomorrow.

yea d trend wud be like DAT till February ending! however it shudnt be higher than 17k again. we hope to hear from u 2mao.the next rated wahala now na empty cans#lol#. the house appreciates ur input.

donparosky:
yea d trend wud be like DAT till February ending! however it shudnt be higher than 17k again. we hope to hear from u 2mao.the next rated wahala now na empty cans#lol#. the house appreciates ur input.

Lol. Na really next rated wahala. Lol. You are right sha especially now that Lagos big buyers want kings gallon and not emperor. Next rated wahala indeed! Lol. Keg is easy sha if u can find ur way. Infact, I am handling a supply of 2,000pcs of empty keg to Ondo State.

biz

Peeo:


Lol. Na really next rated wahala. Lol. You are right sha especially now that Lagos big buyers want kings gallon and not emperor. Next rated wahala indeed! Lol. Keg is easy sha if u can find ur way. Infact, I am handling a supply of 2,000pcs of empty keg to Ondo State.

my dear I was reconciling my supplies/account and strategies for d yr Dis morning & I discovered DAT supplying in drums is far Berra once uve got ur personal vehicle. complains of half filled, emperor, king size, bla bla from clients wud never emerge and is cost effective. a drum is just (8.75) x 9 of 25litres. 5 drums makes a ton and if u do d maths, u wud save about 90k per ton of palm oil u supply using drums. this is without adding profits. the only challenge u face is Most dealers dont hv capacity to buy large volume particularly wif d recession buh if uve registered wif CAC then u don't HV a problem. Big companies wud be hunting you if ur price is fair. pls do register if u haven't done that.

samueltoski:
waw i soo much loving this business, i am gonna save for these business big time i am planning on 300k for these business i pray i dont regret.AMEN

my bro regret is far from it. sincerely oneform of business that thrives even @ peak of recession is consumables. pple must eat, just like me and u, our tommy is d highest recipient of our hussles before housing and all of that. just decide wht u want and go for it. gud luck

following

donparosky:
my dear I was reconciling my supplies/account and strategies for d yr Dis morning & I discovered DAT supplying in drums is far Berra once uve got ur personal vehicle. complains of half filled, emperor, king size, bla bla from clients wud never emerge and is cost effective. a drum is just (8.75) x 9 of 25litres. 5 drums makes a ton and if u do d maths, u wud save about 90k per ton of palm oil u supply using drums. this is without adding profits. the only challenge u face is Most dealers dont hv capacity to buy large volume particularly wif d recession buh if uve registered wif CAC then u don't HV a problem. Big companies wud be hunting you if ur price is fair. pls do register if u haven't done that.

You don finish the matter nah, how many Naija get capacity to buy in drum? So its better we listen to the complains of each customer, make adjustment, make the little gain 'makeable' and stay in biz. You see that kings and emperor wahala na im boku pass. It still came up with a client before I dozed off. Lagos customers want Kings, Ondo customers want emperor. Lol.

I have a question when I store the oil. Must I have a shop to sell them

And when I asked the said some palm oil taste changes when the are stored,how would you know the palm oil would not change taste

samueltoski:
I have a question when I store the oil. Must I have a shop to sell them

samueltoski:
And when I asked the said some palm oil taste changes when the are stored,how would you know the palm oil would not change taste

the best palm oil for storage is the freshly prepared oil from local mills with very low stearin. visit local mills where fresh fruit bunches are processed and buy from them. it's cheaper and unadulterated. don't store with metallic containers, plastic drums are the safest affordable storage medium for starters. secondly, always ensure the containers are not kept directly on cemented floors, use a platform/plank to prevent direct contact with cement and cold.from experience, the percentage of moisture in d oil affects the odour with time due to oxidation. its advisable you reboil d oil after purchase in batches, allow it to cool and separate d water DAT settles @ d bottom before storage.

@samueltoski u don't need a shop to sale.

happy new yr to everyone! abeg ehhh, mk una no vex.....its more than I can take, imagine me on the route when am supposed to be home with family all cos am doing pay on delivery. the client purposely refused paying my boys, saying he didn't expect us to arrive early after we've discussed on phone with him. he then called me to say my boys shud leave/ wait until 8th, that's when he can pay. after all this bitter experiences, am pushed to the wall! any client placing for order MUST drop 60% of d total cost before we move. for people who know nassarawa state very well, the transportation cost alone to AWE LGA which is damn far from d state capital is high buh I incurred it only to be beaten twice. pple advised me earlier to demand deposits buh I refused, I've learnt d hard way and life goes on. it's now 60% deposit or forget it. happy new yr to everyone

sorry jarei, am supposed to update d house. d price is 16k as of today.@ peeo, call me, got a link to share(08166147730)

Peeo:


You don finish the matter nah, how many Naija get capacity to buy in drum? So its better we listen to the complains of each customer, make adjustment, make the little gain 'makeable' and stay in biz. You see that kings and emperor wahala na im boku pass. It still came up with a client before I dozed off. Lagos customers want Kings, Ondo customers want emperor. Lol.

Ekiti customers also want emperor, but i cant understand why lagos customers will want kings since it is generally believe that emperor is bigger than king or what is your take?

pluto09:


Ekiti customers also want emperor, but i cant understand why lagos customers will want kings since it is generally believe that emperor is bigger than king or what is your take?

Nah, Kings is bigger than emperor. There's a secret to how the 3 states (lagos, ondo and Ekiti) make use of it. I'll see u in camera on that one but u go bribe me. Lol.

donparosky:
happy new yr to everyone! abeg ehhh, mk una no vex.....its more than I can take, imagine me on the route when am supposed to be home with family all cos am doing pay on delivery. the client purposely refused paying my boys, saying he didn't expect us to arrive early after we've discussed on phone with him. he then called me to say my boys shud leave/ wait until 8th, that's when he can pay. after all this bitter experiences, am pushed to the wall! any client placing for order MUST drop 60% of d total cost before we move. for people who know nassarawa state very well, the transportation cost alone to AWE LGA which is damn far from d state capital is high buh I incurred it only to be beaten twice. pple advised me earlier to demand deposits buh I refused, I've learnt d hard way and life goes on. it's now 60% deposit or forget it. happy new yr to everyone

Chai! My oga, so sorry about that. Customers ! Customers !! They can push u to the wall. That's the reason I don't do somethings in this line of biz. After trying my best to get very good oil I don't think I should still be stressed when its Pay day. E be like say I go give u some of my rules and regulations later jawe, the wahala u face with clients is getting out of hand.

Peeo:


Nah, Kings is bigger than emperor. There's a secret to how the 3 states (lagos, ondo and Ekiti) make use of it. I'll see u in camera on that one but u go bribe me. Lol.

pluto09:


Ekiti customers also want emperor, but i cant understand why lagos customers will want kings since it is generally believe that emperor is bigger than king or what is your take?

kings is usually bigger.