Enugu United Palm Products Begins Commercial Production Of Palm Oil
-commits additional $2.2m to refinery, industrial complex- -set to launch vegetable oil, olein, stearin, palm kernel oil, and sachet palm oil- -Mbah lauds revitalisation of dormant assets, pledges support for investors- Enugu United Palm Products Limited (UPPL), a public-private partnership between Pragmatic Palms Limited and the Enugu State Government, has commenced commercial production of palm oil for the Nigerian market, with plans to expand into refined products and establish a new industrial complex.
MD Prof. George Nwangwu said the company had restored plantations in Ibite-Olo, Umulokpa and Ugwu-Oba to productive use and replanted over 1,000 hectares, replacing palm trees over 50 years old. The company installed mills and is investing $2.2m in a refinery; its EVOP palm-oil brand is in markets and supermarkets, with sachet packaging due in weeks.
Governor Mbah described the partnership as a model for reactivating dormant government assets and pledged support, including a plan to list on the stock market in four years.
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