Julius Berger has announced plans to lease its cashew processing facilities to Eko Organic Food Industries for better utilisation. Under the terms of the agreement, Eko Organic Food Industries Limited, whose core business would ensure the success of Julius Berger’s desire to diversify into Agroprocessing.
Julius Berger Cashew Processing Facility
Julius Berger commissioned its modern cashew processing plant in Epe, Lagos State, known as Mighty Kashoo in September 2022. The semi-automated plant has a daily processing capacity of about 60 metric tons of raw cashew nuts.
The cashew nut used in the plant is farmed and processed locally with the aim of producing kernels, packaged products of increased quality domestically and in the long run capture the local market as opposed to emphasising exports.
Julius Berger has partnerships with farmers in the supply chain with the branded product from the facility being the “Mighty Kashoo” cashew. Eko Organic Food Industries Limited would now be tasked with increasing the viability of the cashew plant.
