FTN Cocoa Processors PLC

Business Description

FTN Cocoa Processors Plc is a Nigeria-based company, which is engaged in the processing of cocoa beans and palm kernels into cocoa cake, liquor, butter, palm kernel oil and palm kernel cake for export and sales to local manufacturing companies. The Company provides processed agricultural commodities. Its cocoa processing products include cocoa butter, cocoa cake, cocoa powder, and cocoa liquor. It sells the palm kernel oil to refineries and soap manufacturers, while the palm kernel cake is consumed by the livestock industry. Its cocoa liquor, cocoa butter, and cocoa cake are sold to the export market, whilst cocoa powder is sold to the local market. Its cocoa factory has the capacity to crush approximately 20,000 metric tons.

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