Dekeloil makes significant stake in Tiebissou project ahead of schedule

21st Dec 2018 11:01

(Sharecast News) - West African focused agricultural company Dekeloil has acquired an initial 43.8% interest in the Tiebissou cashew processing project in Cote d'Ivoire via an investment into Pearlside Holdings.

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DekelOil confirms award of contract for cashew project works

19th Nov 2018 07:55

(Sharecast News) - West Africa-focussed agriculture company DekelOil Public announced on Monday that, following a competitive tender process, Capro CI SA had awarded a contract for the construction of civil works and associated infrastructure for its large-scale cashew processing project at Tiebissou in Cote d'Ivoire.

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DekelOil buys remaining 14% stake in West African palm oil project

9th Jan 2017 10:00

(ShareCast News) - Agriculture producer DekelOil Public now owns 100% of a palm oil project in the Côte d'Ivoire after it bought the remaining 14.25% stake in its joint venture with Singapore-based Biopalm Energy. The AIM-listed plantation group bought the remaining stake in the Ayenouan project tha

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DekelOil appoints Vince McAleer CEO of Côte d'Ivoire subsidiary

2nd Nov 2016 09:57

(ShareCast News) - DekelOil, a part owner of the Ayenouan palm oil project in the Ivory Coast, appointed Vince McAleer chief executive of its subsidiary, Dekeloil Côte d'Ivoire. He will be based in the West Africa country from 16 November and replaces Eyal Timmor, who has decided to pursue other opp

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DekelOil swings to profit after record production in first half

21st Sep 2016 14:26

(ShareCast News) - Operator and 85.75% owner of the Ayenouan palm oil project in Côte d'Ivoire, DekelOil Public, announced its interim results for the six months to 30 June on Wednesday, with a record half yearly production of 28,550 tonnes of crude palm oil - up from 21,836 tonnes in the first half

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DekelOil sees H1 EBITDA materially ahead on improved production

7th Jul 2016 12:48

(ShareCast News) - DekelOil Public Ltd said it expects to book first-half EBITDA materially higher than the previous-same-period's €2.2m, citing a strong operational performance in the six-month period. "In addition, the recent strengthening of the euro against GBP sterling is expected to have a pos

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DekelOil launches pilot production test at Ivory Coast project

19th Oct 2015 08:46

(ShareCast News) - Palm oil developer DekelOil Public has begun a pilot production test at its Ivory Coast project, which is expected to boost sales and profitability once fully operational. The London-listed company confirmed a pilot scheme at the kernel crushing plant at its 51%-owned Ayenouan pal

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Dekeloil surges as first half production hits record levels

14th Sep 2015 11:17

(ShareCast News) - Shares in Dekeloil jumped 10% on Monday morning, as the palm oil development group said its production in the first half of the year reached record levels. In the six months to 30 June, the group said production reached 21,836 tonnes of crude palm oil and 3,733 tonnes of kernels,

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DekelOil confirmed as supplier for World Bank project in Ivory Coast

18th Aug 2015 10:36

(ShareCast News) - Palm oil development group DekelOil has been accepted as an approved supplier to a project aiming to improve the palm oil industry in Ivory Coast. The Projet d'Appui au Secteur de l'Agriculture (PSAC), which is backed by the World Bank, aims to plant approximately 10,000 hectares

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DekelOil Public reports progress at Côte d'Ivoire crushing plant

26th Jun 2015 09:55

Palm oil development company DekelOil Public on Friday announced that the equipment and components required to construct the Kernel Crushing Plant (KCP) have arrived at Abidjan port, Côte d'Ivoire. The firm owns a 51% operating interest in the plant, which is a key part of the company's strategy to

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Sunday share tips: Lloyds, Vedanta, DekelOil

3rd May 2015 15:43

The Conservative party's decision to sell the state's remaining stake in Lloyds - should it retain power - is a cockamamie scheme, as it would impose extra costs on the bank. Management should be focused on executing strategy, not on fulfilling election pledges. Nonetheless, the equity story for ret

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DekelOil signs up second Ivory Coast customer

21st May 2014 08:07

Oil and gas exploration group DekelOil announced it has started to supply crude palm oil to a second local customer in the Ivory Coast. The delivery forms part of an off-take agreement signed recently with local refining company Adam-Afrique for a minimum of 5,000 metric tonnes of crude palm oil a

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DekelOil reports positive first month of operations

16th Apr 2014 13:37

DekelOil Public, an operator and 51 per cent owner of a palm oil project in Côte d'Ivoire, said its recently commissioned crude palm oil extraction mill had become fully operational in March. During the month, it produced 1,617 tonnes of crude palm oil (CPO) and 189 tonnes of kernels. CPO producti

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Construction commences at DekelOil's crude palm oil extraction mill

23rd Apr 2013 14:19

West African palm oil producer DekelOil has reported that construction of a crude palm oil extraction mill has commenced in the Côte d'Ivoire. The company reported that all equipment relating to the 60 tonnes per hour (tphr) crude palm oil extraction mill had left Abidjan port and said that install

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DekelOil increases palm oil output with new mill in Ivory Coast

18th Mar 2013 08:37

Palm oil company DekelOil expects revenue to grow following the completion of a new mill in the Ivory Coast this year. Executive Director, Lincoln Moore, said the mill will increase capacity to 70,000 tons of crude palm oil once up and running within the next seven to eight months. The project has

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