Presco PLC
PRESCO.LG – THE NIGERIAN STOCK EXCHANGE
Business Description
Presco Plc is a fully integrated agro-industrial company. The Company is engaged in the development of oil palm plantations, palm oil mill, palm kernel crushing plant, and vegetable oil refining plant. It specializes in the cultivation of oil palm and in the extraction, refining and fractionation of crude palm oil into finished products. Its products include Special Palm Oil, Refined, Bleached and Deodorised Palm Oil (RBDO), Palm Fatty Acid Distillate (PFAD), Palm Olein, Palm Stearin, Crude Palm Kernel Oil (CPKO), and Refined Palm Kernel Oil (RPKO). The Company consists of oil palm plantations of approximately 23,628 hectares, of which approximately 22,684 are mature; a palm oil mill with a capacity of approximately 90 tons fresh fruit bunches/hour; a refinery plant with a capacity of approximately 500 tons/day; a refinery fractionation plant with a capacity of approximately 105 tons/day, and a palm kernel crushing plant with a capacity of approximately 300 tons/day.
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