Panama planning palm oil exports to Europe

340Views 0Comments Posted 06/08/2014

PALM OIL producers in Baru have reactivated production in the area in order to supply the local market and to negotiate contracts to export to Central America in the coming months.

With an investment of $14.5 million. farmers in the region of Baru have built a plant for processing palm oil which will begin operating in late August. "...The plant has the capacity to process up to 30 tons an hour, and can be expanded to reach 60 tons an hour." Reports CentralAMericaData

Manufacturer Luis Castrejon told that "... the goal is to export, for which contracts have been advanced in Guatemala, Nicaragua, El Salvador and Honduras, and as a second step there will be a venture into the European market, mainly in the Netherlands, which is a major buyer. "

"...There are currently about 10,000 hectares planted in the Baru region and production is being sold in the local market. Production is growing in the country, some 19,368 hectares achieved nationally, where most production is recorded in the provinces of Chiriquí, Darién, Panama and Veraguas."

Comments 0

The comments are the responsibility of each author who freely expresses his opinion and not that of Newsroom Panama.
Please enter a valid email.
Please enter username.
Please, enter a valid message.
Please validate that it is not a robot.