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DekelOil Palm Oil Production Exceeds 2014 Total In First Four Months

5th May 2015 07:23

LONDON (Alliance News) - DekelOil Public Ltd on Tuesday said total crude palm oil production from its project in the Ivory Coast has already exceeded total production for 2014.

The company, which owns a 51% stake in the Ayenouan palm oil project in Ivory Coast, said total production from the site between the start of 2015 and April 30 is already passed the 14,242 tonnes produced last year.

This includes monthly production of 4,818 tonnes at its CPO extraction mill. Total production now stands a 14,496 tonnes for the year.

"Our production and sales continue to go from strength to strength and we are delighted to have exceeded 2014's total production in just four months into the current year and to have another month of record production," said Executive Director Lincoln Moore.

DekelOil shares were up 46% to 1.50 pence on Tuesday morning, one of the best performers in the AIM All-Share.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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