How much money is required to start a small palm oil mill in Nigeria?
The increasing demand for palm oil in the Nigerian market brings great business opportunities to investors. For novices, they usually start from investing in small palm mill. To ensure the smooth development of palm oil mill, investors must ensure that sufficient funds are prepared. And the money required to start a small palm oil mill in Nigeria varies from $2,000 to $300,000.
The reason for such a large difference in investment costs to start a small palm oil mill in Nigeria is that it is affected by many factors, such as mill land cost, palm oil processing machine cost, raw material cost, etc.
Start a small palm oil mill in Nigeria
Factor 1: mill land cost
If you want to open a family workshop-style small palm oil press plant, then you only need to prepare a room to place palm oil processing machine, no additional purchase or lease of mill land cost is required, and the required money is less. Comparatively speaking, if you want to start a regular and complete palm oil processing line, the more land the palm oil mill needs, the more money is required.
Factor 2: palm oil processing machine cost
The processing capacity is the direct element influencing palm oil processing machine cost. The higher the processing capacity, the higher the machine cost.
And for different palm oil processing capacity, Henan Glory Company can offer different palm oil processing machine schemes for small palm oil mills.
Scheme 1: palm oil expeller
Scheme 2: simple thresher+double screw palm oil expeller+plate filter
Scheme 3: sterilizer+thresher+digester+double screw palm oil expeller+vibrating screen+plate filter
The higher the machine configuration, the higher automation degree of palm oil processing line, the higher the machine cost.
Different palm oil processing machine schemes
Factor 3: raw material cost
Raw material cost depends on are influenced by palm market prices. And the higher the processing capacity, the more raw material the palm oil mill needs, the higher raw material cost.
Henan Glory Company has rich palm oil mill project installation experience, and our professional engineer team can customize excellent small scale palm oil processing solutions for you, help you to maximize economic benefits and change this “small investment” into“smart investment”! Welcome to contact us if interested!