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For Sale: Palm Oil Refinery

Cross River, Nigeria


Overview   

Category:
Manufacturing
Asking Price (₦):
₦6.8Bn Assets not included

Description   

REFINERY AND LOCATION: Land and Plant: This refinery is a 400-metric-ton-per day vegetable oil physical refinery and fractionation plant, situated on a 7.8 Hectares waterfront site with an on-site jetty for delivery of CPO shipments. The site had dedicated storage for: 1. 20,000 tons of crude oil 2. 11,000 tons of refined products 3. 1,400 tons of intermediate products The refinery is located on 7.8 hectares of land along the waterfront of the Calabar River in the Odukpani Local Government area of Cross River State, South Nigeria. The property lies adjacent to TINAPA Business Resort. In addition to the refinery itself, the owner has constructed a dedicated jetty, with all relevant facilities to enable the delivery of CPO and shipment of finished products. This jetty will be for the exclusive use of the Palm Oil Refinery and will have its own customs checkpoint. The plant is easily accessible with a good network of roads leading to the site. OTHER FEATURES: • Compliant with the stringent requirements of NAFDAC • Supply agreements with key respected Asian suppliers • Total storage capacity for a total of 32,400 metric tons of oil, with additional storage facilities located in Kano and Lagos • Ideally located at a waterfront site (find attached quotations for jetty expansion)

Business Operation   

Relocatable:
No
Reasons for selling:
Employees:
Undisclosed
Year established:
Undisclosed
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Included Listing: Palm Oil Refinery