Deremi Shittu Investments are agro merchants and charcoal export company based in Nigeria, with source operations all over West Africa. We have a huge reputation in the agro export market in Nigeria and we are among the frontiers of “Nigeria beyond Oil” agricultural export promotion policy of the Federal Government of Nigeria. We are also major exporters of Kosso wood, shea butter and other agro produce.
The charcoal industry is a multi-billion dollar industry and a money spinner for interested investors. The United Kingdom alone consumes more than 60,000 metric tons of charcoal annually, out of which about 70% comes from tropical Africa. Other countries around the world equally consume charcoal in great quantity.
Charcoal is mainly produced through a process called Pyrolysis, a process that involves burning of tropical hardwood under high temperature in the absence of air. Charcoal is readily available all over Nigeria, hence, we source for the charcoals of the highest quality for our clients and package them for exportation.
There are certain standard requirements to be met in charcoal exports; parameters like fix carbon, Ash content, volatile matter, moisture content need to meet buyer’s specification. Packaging of charcoal is usually done to the specification of the buyer. Shipping is done through a reputable forwarding company and Terms of Trade can either be by letter of credit or Cash against Document.
Type: NaturalGrade A
Fixed carbon: 75%
Volatile matters: 15.5%
Ash content: 5%
Moisture content: 5%-7.5%
Heating level: Kcal/Kg 6800
Burning time: 980sec/cm3
Wood type: Oak trees, Acacia trees, Shea nut tree.
US$290.00 per tonne, FOB TINCAN Port, Nigeria (for Bagged charcoal)
Euro €190190 per tonne, FOB TINCAN Port, Nigeria ( for Bulk charcoal)
1) 100% non-transferable, irrevocable L/C at sight, confirmed
2) Documents against Payment (D/P):
70% payment in advance by T/T, 30% against bill of lading at sight
Shipping and Packaging options:
35 kg bags loaded in 40″ HC container (21 mt)
Bulk charcoal in 40″ HC container (23mt)
Monthly Supply Ability:
1000 mt monthly. Partial shipment allowed
Latest Shipping Time:
25 days after confirmation of L/C or advance payment
We are flexible and open to negotiations.