PZ Wilmar Limited Staked About $80 Million Pounds On Its crude palm oil refinery in Nigeria
PZ Wilmar Limited, having staked about $80 million on its crude palm oil refinery in Nigeria, has unveiled its backward integration plan in the sector with a view to assisting the nation become self sufficient in Palm oil production within the next decade.
Ivory Coast’s biggest oil-palm grower plans to increase the capacity of its refineries
SIFCA, Ivory Coast’s biggest oil-palm grower plans to meet rising demand for the product in Africa by increasing the capacity of its refineries and pushing output to at least 1 million tons a year by 2022. Sifca owns Africa’s biggest palm-oil refinery, based in Abidjan, and has a 38% stake in a refinery in neighboring Ghana that’s operated by Wilmar International Ltd. The plants have a combined annual capacity of 750,000 tons.
Palm Oil Can be Ghana’s next "Gold"
The Head of Corporate Affairs at Unilever Ghana, Gabriel Opoku-Asare, has described the palm oil sub-sector as the next "gold" sector for the country if all key stakeholders collaborate to grow the sub sector to meet the increasing global demand for sustainable palm oil.