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Okomu Oil produces crude palm oil, palm kernel, palm kernel oil, and palm kernel cake. In 2023, Okomu Oil's revenue grew by 26.61% year-over-year to N75.108 billion. [1] The company's pre-tax profit grew by 44% year-over-year to N33.839 billion in 2023. [2] Okomu Oil and Presco Oil are the two largest producers of palm oil in Nigeria, with ...
Fruit of the oil palm Production Of oil palm fruit worldwide, by country in 2021. Oil is extracted from both the pulp of the fruit (palm oil, an edible oil) and the kernel (palm kernel oil, used in foods and for soap manufacture). For every 100 kg of fruit bunches, typically 22 kg of palm oil and 1.6 kg of palm kernel oil can be extracted.
It is related to two other edible oils: palm oil, extracted from the fruit pulp of the oil palm, and coconut oil, extracted from the kernel of the coconut. [2] Palm kernel oil, palm oil, and coconut oil are three of the few highly saturated vegetable fats; these oils give the name to the 16-carbon saturated fatty acid palmitic acid that they ...
Palm oil block showing the lighter color that results from boiling. Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. [1] The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. [2]
Palm kernel cake is a high-fibre, medium-grade protein feed best suited to ruminants. [ 3 ] [ 4 ] Among other similar fodders , palm kernel cake is ranked a little higher than copra cake and cocoa pod husk, [ 5 ] but lower than fish meal and groundnut cake , especially in its protein value.
Oil from Elaeis guineensis is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. [6] It is thought that Arab traders brought the oil palm to Egypt. [citation needed]
Although oil palm plantations and estates occupy over 118,264 hectares, they account for merely 5% of Nigeria's total crude palm oil production. Although palm kernel cake is well-known in West plantations as a useful feed ingredient, it was mostly utilized as a source of fiber and energy in rations for fish, fowl, and pigs until recently. The ...
Palm oil, very popular for biofuel, but the environmental impact from growing large quantities of oil palms has recently called the use of palm oil into question. [157] Peanut oil, used in one of the first demonstrations of the Diesel engine in 1900. [148] Radish oil. Wild radish contains up to 48% oil, making it appealing as a fuel. [158]