Palm oil processing business in Philippines

The Philippines is currently a minor producer of palm oil in the Southeast Asian regio. And the palm oil is also largely seen as an alternative to one of the Philippines’s major crop, the coconut, since there are more financial returns in cultivating oil palm in one hectare of land compared to farming coco trees.

Palm oil processing business in Philippines

Indonesia only has six million hectares of oil palm, reaps US$50 billion annually from this industry – an amount that is nearly the size of the over US$50 billion (more than two trillion pesos) 2014 national budget of the Philippines. But now the Philippines government recently declaring to convert some eight million hectares of idle lands across the country into oil palm plantations. This will be a good singal for people who want to strat palm oil processing business in Philippines.

Why say start a palm oil processing business is a good choice in Philippines?

1.The government support: The government’s plan to convert eight million hectares of idle and denuded lands into oil palm plantations.

2. It is available to get help from the government agricultural extension personnel about oil palm technology.

3. Large and increasing international demand and domestic demand. Palm oil consumption is increasing year by year.

Palm Oil Consumption in the Philippines (2000~2017)

4. Compared to Indonesia and Malaysia, there is less competitive in the market of Philippines, so it is really a good chance to setup your own palm oil extraction plant there!

Small scale palm oil processing machine

5. Big profit margins, while the product is simple to produce. (Palm oil is one of the world's most produced and consumed oils. This cheap, production-efficient and highly stable oil is used in a wide variety of food, cosmetic and hygiene products, and can be used as source for bio-fuel or biodiesel. ) Application of Palm Oil

Food uses: household edible Oil, industrial Frying, Ice Cream, Margarine & Shortening, Non-dairy creamers, Confectionery

Non- food uses: Soap and Detergent, Cosmetics, Oleochemical, Candle Making, rubber processing, textiles, Pharmaceuticals, Lubricants, Plastics, Animal Feeds (Palm Kernel oil cakes).

Application of palm oil

6. Higher rates of productivity compared to other edible oil products;

7. The industry chain for palm oil production is huge. You can get different types palm oil.

In the Philippines, the palm oil mill plant buy the oil palm bunches from local farmers or plantation firms at an agreed contract price. The palm oil mill plant produce crude palm oil (CPO) and palm kernel oil (PKO), and sell the crude oil to the further processing market for making Refined Bleached and Deodorized Palm Oil (RBD), RBD Palm stearin, RBD Palm Olein and Hydrogenated Palm Oil.

Palm Oil processing business in Philippines

If you are planning to establish your own palm oil processing business in the Philippines, if you want to buy palm oil processing machine, please contact Henan Doing Company. We will give you specific suggestions on establishing your palm oil extraction plant!