In April 2022, Socfin’s Swiss subsidiary Socfinco FR announced it will stop providing managerial assistance to the state-owned Guinean rubber and oil palm company Soguipah by the end of 2022. A commentary.
- ReAct Transnational
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18 May 2022
Okomu Oil, one of the two commercial palm oil producers listed on the Nigeria's stock exchange, is reaping record profits from current rise in the price of palm oil.
Signatories of a petition objecting to the certification of SOCFIN Agricultural Company by the Roundtable for Sustainable Palm Oil have been a target of arbitrary harassment and criminalization.
- Green Scenery
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06 May 2022
Host communities of Okomu Oil Palm Company PLC in Edo State, yesterday, staged a protest over alleged blockade, digging of trench on the road leading to their communities by the company.
Last year, the Belgian Hubert Fabri's plantation group Socfin saw its turnover rise sharply to more than 800 million euro. The profit even climbed to 80 million.
Le groupe de plantations Socfin du Belge Hubert Fabri a vu son chiffre d'affaires augmenter fortement pour atteindre plus de 800 millions d'euros l'année dernière. Le bénéfice a même grimpé à 80 millions.
Socfin says the result of clauses limiting lease agreements to an initial max of 5000 hectares, and for a period not exceeding 21 years for non-citizens, would be no more investment in rubber, forestry, palm oil or other plantation crops
- SL Telegraph
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28 April 2022
Sérieusement touchée par une crise chronique ces dernières années, la SOGUIPAH (Société guinéenne de palmiers à huile et hévéas) vient d’être lâchée par Socfinco FR qui met fin à l’assistance technique qu’elle lui a toujours fournie.
The Malen Affected Land Owners and Users Association has submitted a petition signed by 1,475 of its members objecting to the certification of SOCFIN by the Roundtable on Sustainable Palm Oil.
- Green Scenery
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19 April 2022
Allocution de bienvenu d’un des Chefs Traditionnel des Communautés Mbonjo suite à la visite de courtoisie et prise de contact du nouveau Directeur de Plantation SOCAPALM par intérim de Dibombari.
The complaint to the OECD lodged by Friends of the Earth was supposed to deal with adverse impacts of three of the bank’s palm oil clients, ranging from human rights and labour rights violations to deforestation
- Milieudefensie
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08 April 2022
SOCFIN's subsidiary Okomu Oil Plc has announced changes to the board of directors following the resignation of Dr. Luc Boedt and Mr. Philippe De Traux De Wardin.
- Naira Metrics
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25 Mar 2022