Incorporated on 24 October 2007, DekelOil is 51% owner and operator of DekelOil Côte d’Ivoire Ltd, which has developed a sophisticated palm oil project in southeast Ivory Coast in partnership with its 49% joint venture partner, Biopalm, a significant operator of West African palm oil assets. The project encompasses the cultivation of oil palm plantations and the construction of a palm oil mill.
The maturity of the operation gives DekelOil a platform to deliver substantial early-stage production and cash flow whilst work continues to increase its oil palm plantation footprint for sustainable large-scale operations.
DekelOil takes oil palm feedstock from approximately 28,886 plantation hectares (27,000 hectares of local smallholder and cooperative plantations, partnering on long-term supply contracts, and 1,886 hectares of company estates). The company also has rights over 24,000 hectares of expansion land, which would be used to provide additional feedstock for the production of crude palm oil (CPO)
A computerised nursery capable of handling 1 million seedlings is operational and feeds our 60-ton per hour state of the art, modern mill which is in full production. DekelOil oversees the entire production process where we are easily capable of producing 70,000 tons of crude palm oil per year, making DekelOil one of the largest producers of palm oil in West Africa
A multi-disciplinary team of experts drives DekelOil’s development. The team has broad know-how and experience in the development of large-scale projects across Africa and elsewhere, which includes highly qualified agro-industrial specialists. Since the commissioning of our new mill, we have signed a number of supply agreements with leading buyers of CPO.
We are rapidly expanding our palm oil operations in Côte d’Ivoire. In January 2015 we signed a contract with Modipalm Engineering SDN BHD to build a Kernel Crushing Plant (KCP) set for commissioning in Q4 2015 and designed to operate at 60 t/day with a capacity to produce at a rate of 80t/day. This development along with the expansion of our logistics collection points is helping DekelOil become one of the most significant fully integrated palm oil production operations in west Africa.