Sime Darby Plantation completes sale of Liberia operations
- The Star
- 24 January 2020
Sime Darby has fully disposed of Sime Darby Plantation (Liberia) Inc through completion of its sale to the Liberian company Mano Palm Oil Industries Ltd.
Sime Darby has fully disposed of Sime Darby Plantation (Liberia) Inc through completion of its sale to the Liberian company Mano Palm Oil Industries Ltd.
A new report by Traidcraft Exchange finds that the UK-listed company Equatorial Palm Oil violated local townspeople’s right to their land in Liberia and are pushing them further into poverty.
Le malaisien Sime Darby a annoncé un accord de vente et achat de sa filiale libérienne, qui sous-exploitait une concession de 220 000 ha, à la Mano Palm Oil Industries Limited pour 1 $ symbolique.
Liberia would be better off with smaller community-run plantations that could supply multinational firms’ thirst for palm oil and put the wealth into the community, says SDI
Malaysia’s Sime Darby says it will sell its underperforming palm oil concession in Liberia to Mano Manufacturing Company (MANCO), Liberia’s largest manufacturer of household health and cleaning products.
Stakeholders attending a two-day regional dialogue on oil palm development in West Africa have called for the inclusion of local communities in oil palm development in the sub-region.
One year after palm oil company Golden-Agri Resources (GAR) and its subsidiary Golden Veroleum Liberia (GVL) were called out for illegal deforestation, land grabbing, and the destruction of critical wildlife habitats, and many ongoing abuses later things on the ground don’t look much better.
Several communities say that Equatorial Palm Oil is continuously intimidating, threatening and dividing communities into signing away their land.
The Dutch development bank FMO says its investments promote oil palm plantations in local communities. But the local communities are not welcoming these plantations. They want their land back.
Déforestation et accaparement des terres au Cameroun par les agro-industriels du secteur de l’huile de palme, l’ONG Milieudefensie, pointe le doigt accusateur sur certaines banques néerlandaises et européennes.
Community representatives, impacted by palm oil companies in Liberia and Indonesia have traveled to the Netherlands to convey their grievances with ABN Amro, the financier of those companies.
Twenty-seven concessions intended for industrial oil palm plantations in West and Central Africa have either failed or been abandoned in the last decade.
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