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Groundnut Oil Production And Refining | |
| Groundnut is an important oilseed crop in Nigeria and one third of these seeds is processed for edible oil. Groundnut oil is the main natural edible oil consumed without additives in the middle Mediterranean region. Groundnut oil is one of the most stable vegetable oils in relation to oxidation. The oxidative stability of oils may be influenced by many factors, such as light, metal ions, oxygen, temperature, and enzymes. Groundnut oil is composed of ?80% of unsaturated fatty acids, with oleic acid comprising an average of ?50% and linoleic acid 30% of the total fatty acid composition. Groundnut oil is a vegetable oil derived from groundnuts. It is also called peanut oil. The oil has a strong peanut flavor and aroma. It is often used in American, Chinese, South Asian and Southeast Asian cuisine, both for general cooking, and in the case of roasted oil, for added flavor. Nigeria is the largest groundnut producer in Africa. This year, the production is expected to total around 3 million metric tons, making it the 3rd largest producer in the world, after China and India. During the 1960s, Nigeria was also the largest groundnut exporter in the world, but currently, most of its groundnut production is meant for domestic consumption. Prices in the Nigerian groundnut market are expected to rise this year due to increased domestic and international demand. Groundnuts in Nigeria are mainly produced in the Northern states: Adamawa, Niger, Taraba, Kaduna, Benue, and Kano. During the 1960s and 1970s, when Nigeria discovered the profitability of producing and exporting groundnuts, these states were filled with ‘groundnut pyramids.’ These pyramids were made of bags filled with groundnuts, which were waiting to be exported. Over time, Nigeria shifted its focus from agriculture to oil and the groundnut industry became less important. The groundnut pyramids disappeared. Over the recent year, however, groundnuts have once again become an interesting product for Nigerian farmers, due to the increased demand for groundnut oil and groundnut butter | |
| Plant capacity: Groundnut Oil (1 Ltr Bottle each):20,000 Packs / day Groundnut Cake (25 Kgs each):1,140 Packs / day | Plant & machinery: 190 lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 1760 lakhs |
| Return: 35.00% | Break even: 44.00% |
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