Hastesid Farms & Agro Allied Ltd Hastesid is in Agric value chain, major investment in Agro-processing
Hastesid Farms & Agro Allied is located along Lagos-Abeokuta express way, we started operation in 2015 and now we have a 300 capacity piggery with annual revenue of 10M with the plan to double this by Q4 of 2019. We also have a Palm Kernel processing factory with installed capacity of 60tons of Palm Kernel oil and 70 tons of Palm Kernel Cake per month with average revenue of 25M/month. With sustained investment we project to double this capacity by Q4 of 2019. Palm Kernel Oil is a major raw material for vegetable oil, soap making, hair & beauty products, and many other uses with export potentials. Palm Kernel cake is a major source of livestock feed rich in fiber.
As part of our backward integration strategy we have 14 acres of farmland for oil Palm cultivation which we project will provide 20-30% of our Palm Kernel Nuts for our factory in 5 years.
Our mantra is #profit2impact. We have social impact as a core objective, linking small holder farmers to market & creating jobs