The economical history of the oil palm (Elaeis guineensis) began in the rain forests of western Africa in the late 19th century. Since its introduction into Cameroon in the early 20th century until the early sixties its impact on the economy was marginal. For many years the economy of Cameroon had depended for its wealth and prosperity upon rubber. In 1961, Cameroon embarked on an intensive agricultural diversification program, and the crop that has achieved the most notable success since then is palm oil. Within a relatively short period, Cameroon became the world\\\'s largest commercial producer and exporter of palm oil in 1966. Diversification into oil palm means that the country is now less dependent on the fortunes of rubber as a plantation crop.
Palm Oil Cost Effective Product Palm oil is obtained from the flesh of the palm fruit. Each palm tree produces approximately one fruit bunch, containing as many as 3000 fruitlets, per month. In addition, each palm tree continues producing fruit economically for up to 25 years. This ensures a constant stable supply, as compared with other annual crops. Naturally, palm oil is characterized as stabilized oil due to its chemical composition. As such, it can be used in most food applications without hydrogenation, thus, reducing production cost by as much as 30%. Palm oil also is priced competitively and can represent a saving of up to several cents per pound, compared to other edible oils.
Other Information
Business Type:
Manufacturing
Year Established:
1993
Number of Employees:
51-100
Legal Representative / CEO:
Dr. John Elangwe
Website:
Certificates:
Brands:
Trade & Market
Main Markets:
North America Eastern Europe Western Europe Central Europe Central Asia South Asia North Asia East Asia Southeast Asia Austral Realm Pacific Realm Middle East North Africa Russia Caribbean Latin America
Bonjo Palm[]
