Production of palm oil in Cameroon is distributed across three plantation types or scales: Agro-industrial plantations (58,860 ha producing 120,000 tons); Supervised smallholder plantations (35,000 ha producing 30,000 tons), and Independent smallholdings (occupying an estimated 100,000 ha producing approximately 80,000 tons of palm oil4).
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.
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 of SG Sustainable Oils from Sithe Global, an affiliate of the Blackstone Group, in 2009.
What are the returns to labour for palm oil and wet rice?
The comparison of returns to labour is even more striking: 36 /man-day for oil palm, and only 1.7 /man-day for wet rice (Feintrenie, Chong, and Levang, 2010). IFC Performance Standards