• 40 years factory palm corn germ soybean cooking oil making in Cameroon
  • 40 years factory palm corn germ soybean cooking oil making in Cameroon
  • 40 years factory palm corn germ soybean cooking oil making in Cameroon
  • 40 years factory palm corn germ soybean cooking oil making in Cameroon
  • How can Cameroon increase palm oil production?
  • The Government of Cameroon’s Rural Sector Development Plan proposes an increase in palm oil production to 300,000 tons in 2015 and 450,000 tons in 2020. This can be achieved primarily through increasing oil production yields, as well as potentiallyincreasing the area under oil palm production and by increasing oil extraction rates.
  • Are there palm oil plantations in Cameroon?
  • In August 2011, Good Hope Asia Holdings from Singapore announced its plans to invest several hundreds of millions of dollars in palm oil plantations in Cameroon. They are searching for an unknown quantity of land for palm oil development in Ocean bloomberg article Division, South Region.
  • What is Sime Darby doing in Cameroon?
  • Sime Darby, a Malaysia-based diversified multinational and the world’s biggest listed palm oil producer, is currently in the process of searching for up to 600,000 ha of land in Cameroon to develop oil palm and rubber plantations, across the Centre, South, Littoral and South-west regions.
  • Where does palm oil come from?
  • Palm oil is a common cooking ingredient in the tropical belt of Africa, Southeast Asia and parts of Brazil. In addition to palm oil extracted from the pericarp,Elæisguineensis also produces palm kernel oil extracted from the endosperm which is mainly used in the cosmetics industry.
  • Who owns Sithe Global Sustainable Oils Cameroon?
  • Sithe Global Sustainable Oils Cameroon (SGSOC) is a locally registered company in Cameroon, owned by Herakles Farms, (affiliate of Herakles Capital), based in New York USA. Herakles Farms acquired 100 percent ownership ofSG Sustainable Oils from Sithe Global, an affiliate of the Blackstone Group, in 2009.
  • Why is Cameroon a target country?
  • Cameroon is a target country for several reasons 3 , including the presence of good biophysical conditions (see above); availability of cheap land; political stability and the willingness of the Cameroonian government to develop its agricultural sector.