FTN Cocoa processors Plc was formerly registered as Fantastic Traders Nigeria Limited, a Private Limited Liability Company Which was incorporated in 1991. The company commenced cocoa processing business with third party arrangement (Toll Processing) with Stanmark cocoa processing company limited in 1995 for conversion of cocoa beans into cocoa butter and cocoa cake/powder.

The company later extended its third party processing activities to Ile-Oluji, Cocoa Cooperative, Cocoa Akure and Cocoa products , Ede Osun State.

Within a period of 13 years it had established strong relations with overseas cocoa product buyers such as Theobroma BV Netherlands
Euromar Berlin
Trading and Services France
Union Chocolate Poland
Delfi Cocoa (Europe) France/ Netherlands
Indcresa Spain
All trade international France

Solid relationship was also established with local users such as Nestle Nigeria Plc and Promasidor Nigeria Limited makers of Cowbell Milk and Cocoa products.
In march 2001 the company diversified into processing of palm kernel with the establishment of a 20,000 MT per annum crushing facility in ibadan.
The products which are mainly crude palm kernel oil and palm kernel cake are sold locally to industrial users such as edible oil refineries and soap manufacturers.
Our major customers in this business are Lina oil mills ltd, sudit oil mills ltd, alkanaah industries ltd all in ibadan and smooford industries ltd in iperu ogun state.
Over a period of 16 years FTN cocoa processors plc have processed about 64,000 MT of cocoa beans and 90,000 MT of palm kernel.

Our experience in cocoa processing business led to the informed decision to lease cocoa products company ltd, ille-oluji, ondo state in 2003 at a time the company was moribund. Our successful turn around of the company paved way for its privatisation in 2006. In 2005 the company decided to venture into full scale self production. The process commenced in march 2006. the factory covers an area of approximately 4 acres with initial processing capacity of 10,000 MT of cocoa beans. It is a fully integrated factory with packing lines for cocoa liquor, cocoa butter, cocoa cake and cocoa powder plant. We commissioned the factory in November 2007. The new 20,000 MT per annum line was commissioned in September 2011 while the vegetable oil aspect was commissioned in january 2013.

The company later extended its third party processing activities to Ile-Oluji, Cocoa Cooperative, Cocoa Akure and Cocoa products , Ede Osun State. Within a period of 13 years it had established strong relations with overseas cocoa product buyers all over the world. We went ahead to solidify our relationship with many local users such as Nestle Nigeria Plc and Promasidor Nigeria Limited makers of Cowbell Milk and Cocoa products.