Okitipupa Oil Palm PLC

Name

Okitipupa Oil Palm PLC

Legal name

Okitipupa Oil Palm Plc

Website

https://oopplc.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Palm Oil Production

NAICS

Soybean and Other Oilseed Processing (311224), Fats and Oils Refining and Blending (311225)

SIC

Fats & Oils (2070), Agricultural Production-Crops (100)

akta.pro primary industry

Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

akta.pro secondary industries

Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL), Tropical Oils & Fractions (Palm, Palm Kernel, Coconut) (AFAJALAD)

Keywords

• Palm oil production
• Oil palm cultivation
• Palm kernel processing
• Oil palm seedlings
• Agro-allied products

Headquarters

HQ city

Okitipupa

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Palm Oil Sales: Production and sale of crude palm oil
2. Palm Kernel Sales: Production and sale of palm kernel products
3. Seedlings: Sale of oil palm seedlings for plantation development
4. Agro-allied Products: Sale of palm wine, brooms, ashes, and brown soaps

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Okitipupa Oil Palm PLC cultivates oil palm across its plantations in Ondo State, Nigeria, and processes the harvest into crude palm oil, technical oil, pharmaceutical sterin, palm kernel, and high-yield seedlings. The company also produces agro-allied by-products including palm wine, brooms, ashes, and brown soaps derived from palm tree processing.

Product overview

Okitipupa Oil Palm PLC is an agricultural production company operating as a single-product portfolio focused on palm tree cultivation and processing. The company operates four integrated product lines: Palm Oil Production (crude palm oil, technical oil, pharmaceutical sterin), Palm Kernel Production, Seedlings (high-yield oil palm seedlings), and Agro-allied Products (palm wine, brooms, ashes, brown soaps). The company is currently undergoing modernization with acquisition of four high-tech mills and plantation redevelopment across 8,000 hectares of brownfield and 5,000 hectares of greenfield sites in Ondo State, Nigeria.

Differentiator

Problem solved

Functional benefit

Products and services

• Palm Oil Production Production of crude palm oil, technical oil, and pharmaceutical sterin from oil palm plantations for industrial buyers in food, pharmaceutical, and related sectors across Nigeria.
• Palm Kernel Production Processing of palm kernels into palm kernel products for sale to industrial buyers.
• Seedlings Production and sale of high-yield oil palm seedlings to oil palm farmers and plantation developers establishing new plantations.
• Agro-allied Products Agricultural by-products including palm wine, brooms, ashes, and brown soaps derived from palm tree processing for sale to local consumer and trade markets.

Quantifiable outcome

• Turnover increased from N260 million (2017) to N2 billion (2023)
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• PT Astra Agro Lestari Tbk: Major Indonesian palm oil plantation company with mature estates. Useful emerging-market public palm oil benchmark for plantation yields, mill utilization, and ESG frameworks.
• Wilmar International Limited: Global agribusiness giant with extensive palm oil milling, refining, and merchandising. Relevant incumbent benchmark for downstream palm oil value capture, although much larger and more diversified than OOP Plc.
• Golden Agri-Resources Ltd: Vertically integrated palm oil plantation operator with global refining and consumer brand reach. Comparable upstream-downstream business model and benchmark for capital allocation in palm oil.
• IOI Corporation Berhad: Integrated palm oil producer with significant plantation acreage and downstream oleochemicals. Comparable upstream-downstream model with longer-maturity plantations than OOP Plc's emerging estate.
• Sime Darby Plantation Berhad: One of the world's largest palm oil producers with integrated plantations, milling, and downstream operations. Sets the global benchmark for scale, ESG standards, and downstream diversification that OOP Plc aspires to.
• Musim Mas Holdings Pte Ltd: Privately held integrated palm oil major spanning plantations, milling, refining, and oleochemicals. Comparable integrated model and provides context on scale and ESG positioning for an aspiring player like OOP Plc.

Direct peers

• Okomu Oil Palm Company Plc: Nigerian-listed oil palm plantation and palm oil producer with integrated milling operations. Most directly comparable peer given shared Nigerian geography, palm oil focus, and public listing on the NSE.
• Presco Plc: Nigerian oil palm plantation and palm oil milling company (a subsidiary of SIAT group). Direct competitor in the same Nigerian palm oil value chain with similar crude palm oil, palm kernel oil, and seedling offerings.

Regional players

• Benso Oil Palm Plantation Ltd: Ghanaian-listed oil palm plantation and palm oil producer. Comparable West African small-cap peer in the palm oil value chain serving similar regional end markets.
• SIAT Ghana Ltd: West African oil palm and rubber plantation operator with significant Nigerian and Ghanaian operations. Operates a comparable integrated plantation-to-palm-oil model in the same region as OOP Plc.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/okitipupaoilpalmplc
• LinkedInlinkedin.com/company/okitipupaoilpalmplc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Okitipupa Oil Palm PLC