Deal history comparison #155

Previous version (136496)

Selected version (141541)

Location #1

Spatial accuracy level
Country
Location
China

Target country
China

Location #1

Spatial accuracy level
Administrative region
Location
Guangdong, China

Target country
China

Land area

Intended size (in ha)
100,000
Size in operation (production, in ha)
[2011] 77997

Intention of investment

Intention of investment
Timber plantation (for wood and fibre), Industry, Conservation
Comment on intention of investment
the company "has also been initiating forestation programs. As of December 2011, the company has forested 11,720 hectares of land. In total, the company is committed of planting a total area of 25, 000 hectares." (http://www.yfy.com/en/invest_company_17.html )

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
company differentiates between "rent land" (30985 ha planted) and 47012 ha planted via a "corporative program"; "we keep planting for supply our long term raw materials"

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
several agreements; the company was established in 1968 and has expanded its acreage since then (no more detailed info available). In February 2011 it expressed the intention to expand the plantation to 100000 ha - currently, there is no new info on this plan (May 2016)

Implementation status

Implementation status
[2000] Startup phase (no production)
[2001] In operation (production)
Comment on implementation status
Chung Hwa Pulp Corporation, one of the secondaries and antecessor of (part of) this project, was established in 1968 and has been active in pulp production since then. In October 2012, Chung Hwa Pulp merged with the Fine Paper and Board department of the Yuen Foong Yu Group. The primary, Guangdong Dingfeng Pulp and Paper, was established in 2000. It has signed a purchase and sales agreement for pulp manufactured in the Guangning area with Chung Hwa Pulp Corp., YFY, and the Guangning State-owned Assets Management Co. in Guangzhou, China on March 3, 2000. It officially started operations in 2001

Contract farming

Contract farming
Yes
Comment on contract farming
see above

Land area

Intended size (in ha)
100,000
Size in operation (production, in ha)
[2011] 77997

Intention of investment

Intention of investment
Timber plantation (for wood and fibre), Industry, Conservation
Comment on intention of investment
the company "has also been initiating forestation programs. As of December 2011, the company has forested 11,720 hectares of land. In total, the company is committed of planting a total area of 25, 000 hectares." (http://www.yfy.com/en/invest_company_17.html )

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
company differentiates between "rent land" (30985 ha planted) and 47012 ha planted via a "corporative program"; "we keep planting for supply our long term raw materials"

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
several agreements; the company was established in 1968 and has expanded its acreage since then (no more detailed info available). In February 2011 it expressed the intention to expand the plantation to 100000 ha - currently, there is no new info on this plan (May 2016)

Implementation status

Implementation status
[2000] Startup phase (no production)
[2001] In operation (production)
Comment on implementation status
Chung Hwa Pulp Corporation, one of the secondaries and antecessor of (part of) this project, was established in 1968 and has been active in pulp production since then. In October 2012, Chung Hwa Pulp merged with the Fine Paper and Board department of the Yuen Foong Yu Group. The primary, Guangdong Dingfeng Pulp and Paper, was established in 2000. It has signed a purchase and sales agreement for pulp manufactured in the Guangning area with Chung Hwa Pulp Corp., YFY, and the Guangning State-owned Assets Management Co. in Guangzhou, China on March 3, 2000. It officially started operations in 2001

Contract farming

Contract farming
Yes
Comment on contract farming
see above

Operating company

Operating company

Data source #1

Data source type
Media report
File
Date
2008-01-01
Comment on data source
Company Update

Data source #2

Data source type
Company sources
File
Date
2013-01-01

Data source #3

Data source type
Company sources
Date
2011-02-01

Data source #4

Data source type
Company sources
File
Comment on data source
Access Date: 01:08:2017

Data source #5

Data source type
Company sources
File
Comment on data source
Access Date: 01:08:2017

Data source #6

Data source type
Company sources
File
Date
2015-02-04

Data source #1

Data source type
Media report
File
Date
2008-01-01
Comment on data source
Company Update

Data source #2

Data source type
Company sources
File
Date
2013-01-01

Data source #3

Data source type
Company sources
Date
2011-02-01

Data source #4

Data source type
Company sources
File
Comment on data source
Access Date: 01:08:2017

Data source #5

Data source type
Company sources
File
Comment on data source
Access Date: 01:08:2017

Data source #6

Data source type
Company sources
File
Date
2015-02-04

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Use of produce

Has export
Yes
Country 1
China
Country 2
Indonesia
Country 3
United States of America
Comment on use of produce
Exports in 25 countries but does not specify all the countries

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
PLP (Pulp Production)

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Use of produce

Has export
Yes
Country 1
China
Country 2
Indonesia
Country 3
United States of America
Comment on use of produce
Exports in 25 countries but does not specify all the countries

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
PLP (Pulp Production)

Overall comment

Overall comment

Overall comment

Overall comment