RIMCO (Resources Improvement and Manufacturing Company Limited) was incorporated in 1985. The Company started oil refining in 1988 in its 50mt capacity refinery. In 1990, it did a backward integration and started the 100mt per day palm kernel crushing mill to produce the crude palm kernel oil for the refinery. Present day RIMCO further expansion with the solvent extraction Refinery recently commission by the Vice President of Nigeria, Professor Osibanjo in 2016.