If there is any business that makes you cool and stable income; it will be PALM KERNEL BUSINESS. It is true that there are so many uses of Palm Kernel. Meanwhile, I think it is worth knowing that the only tree that has NO WASTE from start to finish is the palm tree that produces the palm kernel seed. The palm tree produces what we call EMU (Palm Wine); it is a white substance that is sweeter than sugar and yet capable to get you intoxicated. Oh, you are asking how I got to know. Did you think I take Palm wine like you? lol
Palm wine is an alcoholic beverage created from the sap of various species of palm tree such as the palmyra, date palms, and coconut palms. It is known by various names in different regions and is common in various parts of Asia, Africa the Caribbean and South America. Palm wine production by small holders and individual farmers may promote conservation as palm trees become a source of regular household income that may economically be worth more than the value of timber sold.
Even the Oyinbos they drink Palm wine. Palm wine is known as emu, nkwu, oguro in Nigeria; poyo in Sierra Leone, nsamba in the Democratic Republic of the Congo; nsafufuo in Ghana; kallu in South India; Htan Yay in Myanmar; matango in Cameroon; tuak in North Sumatra, Indonesia; mnazi in the Mijikenda language of Kenya; goribon (Rungus) in Sabah, Borneo; and tubâ in the Philippines, Borneo and Mexico. In the Philippines, tubeand “Kallu” in Tamil refers both to the freshly harvested, sweetish cloudy-white sap and the one with the red lauan-tree tan bark colorant. In Leyte, the red tubâ is aged with the tan bark for up to six months to two years, until it gets dark red and tapping its glass container gives a sound that does not suddenly stop. This type of tubâ is called bahal (for tubâ aged this way for up to six months) and bahalina (for tubâaged thus for up to a year or more). Toddy is also consumed in Sri Lanka and Myanmar. This is not where we are going today; but will like you to know that Palm tree, produces the palm kernel!
There Are Three Main Sections In This Business:
- Those who collects the nut
- Those who break and pick the nut
- Those who extracts the oil (This is where you have the REAL Money)
Quickly, let me start by telling you what you won’t like to hear. Palm kernel oil extraction business is capital intensive! To be precised is not a business you can start with N2 million as at of Nigeria of today; you will need more than N2 million to start. This is because you will be needing:
- A land (if you don’t have one; whether lease or owned). Yes, the land must at least have a shed for production in case it rains and a store where you can keep your oil. Of course, it must be fenced!
- You will need a standby generator because you needing constant light
- Machines at least three.
- Workman/staffs to help you with your work
- You will need Tanks and some Drums to store your product
Does that mean you can not do the business without having over N2 million? No! there is a way around this! You can do this with as low as N100,000.
Based on our findings; do you know you can be making over N200,000 daily from this palm kernel business? Do you know that palm kernel oil is used in cosmetics? Do you know that it is also used in soap production? Do I need to tell you that a bye product of palm kernel is also used in animal feed? Maybe you are not aware that Palm kernel oil is ALWAYS on a high demand “please, quote me” all through the year. People and companies are always on the look for the palm kernel products always. Do you know you can tap into this hot lucrative business with just 100,00? Do you want to know how? continue reading; as these and many more are what we shall be discussing today!
Palm kernel business is actually a very lucrative business and Nigerians are not aware of it. In fact, it may shock you to know that this business gives you more income than you can earn on crude oil – yes, you can quote me there again!
Terminologies Used In Palm Kernel Business
Palm Kernel (PK): These are the seeds gotten after production of palm oil
Palm Kernel Nut (PKN): This nut is what you get when you break the hard shell of a palm kernel see. This is nut that produced the palm kernel oil.
Palm Kernel Oil (PKO): This is the oil extracted from the palm kernel nuts. Though this is not the only product you get when you process the palm kernel nut. It is extracted from the kernel of palm and should not be confused with palm oil, which is obtained from the pulp of the fruit of the palm.
Palm Kernel Cake (PKC): This is a residue after extraction. Usually, this is used in animal food productions because it contains some useful nutrients that the animal needs.
Palm Kernel Sludge (PKS): This is also another residue collected from palm kernel oil.
Machines Needed In Palm Kernel Oil Extraction Business
Function: Fries/roast the crushed nuts. This process heats up the crushed nuts, thereby exciting the oil molecule content of the nuts. Depending on the size you are looking at. There are some that can dry Two and a half tons per day. While there are some that can dry 4 – 5 tons per day.
2. NUT CRUSHER
Function: Crushes the palm-kernel nuts and reduces it to smaller sizes so as to ease the oil extraction process.
Price: N370, 000.
3. OIL PRESS (2 Tons per day – 2T/D): This means that this machine can not produced more than two tons per day.
Function: Presses the heated nuts and expels the oil content of the nuts via the oil exit chamber, while the cake is collected via the cake exit chamber.
Price: N450, 000
The Production Process Of Palm Kernel Oil Extraction
The first thing to do is to spread the palm kernel nuts in the dryer to dry up the nuts so that you can get the best out of them. After the drying; you then take them to the crusher. The cruncher will break the nuts and separate the cake from the oil. In the process of crushing the oil will come out from one end, and the cake from another end. The oil collected will be filtered and kept in storage tank ready for sale while the cake will be packaged and bagged ready for sale to feed millers and exports.
In my next post; I will be talking about the calculation involved and how much you are going to make in respect to the numbers of tones processed. Till then keep your questions and suggestions coming…
EarnBase all the way