Induve back to producing cooking oil 11 years after its stoppage
ANGOLA – The Induve Industrial Complex, one of the chosen producers for some of Angola’s most famous oil and corn flour brands including Mana, Tia Bella, Fubada, Romana, and Nossa Fuba has announced plans to start producing cooking oil 11 years after its stoppage.
According to Jornal de Angola citing Radio Nacional de Angola, the company has revealed that it has already invested in state-of-the-art equipment to start the large-scale cooking oil production process.
Induve is an industrial complex, built on 100,000 sqm of land, located in the municipality of Cacuaco, in Luanda.
Last year, António Aragão, General Director of Induve in an interview revealed that they acquired Induve in 2003, changing its core business from refining vegetable oil and soap production to the production of corn flour but maintained only part of the edible oil business, specifically the bottling of imported refined vegetable oil.
According to him, this was due mainly to the extremely small refining margin resulting from the difference between imported crude and refined edible oil from South America
Therefore, with the new announcement, Induve will add to its mission of cooperating with the government in several programs and efforts aiming at securing local raw materials to promote development in the countries in which it operates.
According to the company’s website, for 11 years the company has not been refining its oil from crude raw materials but rather imports fully refined soya bean oil for our bottling plant, making sure the oil is of a sufficiently high standard for the brands that are represented.
Recently the company launched a brand-new oil bottling plant that is capable of filling 6000 bottles and 500 Jerrycans per hour.
The eminent milestone adds to Induve’s premises including a corn flour mill with a milling capacity now standing at an impressive 450 MT/day, along with 100 MT/day of animal feed.
In 2020 Induve started construction of a new wheat flour mill with a capacity of 700 MT per day to help support the country in diversifying the economy, creating employment, and bringing development to the entire region.
In addition to the industrial buildings, the site also includes silos with a total storage capacity of 56,000 MT.
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