Deal #3272

Location #1

Spatial accuracy level
Exact location
Location
Ayénoua, Côte d'Ivoire

Latitude
5.352310482987568
Longitude
-3.367821990332004
Target country
Côte d'Ivoire

Land area

Intended size (in ha)
5000.0
Size under contract (leased or purchased area, in ha)
[2009] 5000
Size in operation (production, in ha)
[2013] 1886
[2015] 1900
Comment on land area
A further 500 hectares will be planted in the near term close to the Mill.

Intention of investment

Intention of the investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2009] Startup phase (no production)
[2013] In operation (production)
Comment on implementation status
First plants produced in 2009 from the Nursery

Leasing fees

Comment on leasing fees
The government has granted a 13 year tax exemption on profits from the palm oil mill.

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
27000
Not on leased / purchased farmers (out-grower)
5000
Comment on contract farming
In the area of Ayenouan, contract farmers get paid to a percentage of the net profits derived from the palm oil produced from their land. In 2015, the company signed a groundbreaking agreement with a smallholder, whereby the smallholder will be partly paid in company shares in exchange for palm fruits.

Operating company

Name of investment project
Ayenouan palm oil project
Comment on investment chain
AgDevCo loan in August 2019.

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Company sources
File
Comment on data source
Dekel Oil investor presentation, March 2013

Data source #3

Data source type
Research Paper / Policy Report
File
Comment on data source
Grain- Planet Palm Oil, September 2014

Data source #4

Data source type
Research Paper / Policy Report
File
Comment on data source
Grain-Feeding the 1%, September 2014

Data source #5

Data source type
Media report
File
Date
2015-10-15
Comment on data source
Farmland Grab- DekelOil Public Limited: Contract to Develop 10,000 hectares of Brownfield Land in Ghana

Data source #6

Data source type
Media report
File
Date
2016-01-26
Comment on data source
Commodafrica- DekelOil Côte d’Ivoire innove pour son approvisionnement en huile de palme

Data source #7

Data source type
Company sources
File
Comment on data source
Company website

Data source #8

Data source type
Company sources
File
Comment on data source
DekelOil Public Limited (‘DekelOil’ or ‘the Company’)--Interim Results

Data source #9

Data source type
Other (Please specify in comment field)
Comment on data source
DekelOil

Former land use

Former land use
Commercial (large-scale) agriculture
Other
Comment on former land use
DekelOil's projects are based on existing plantations in Ivory Coast, as well as on plantations that will be cultivated in open areas secured by the company for the purpose of expansion – without the need to cut down rainforests.

Former land cover

Former land cover
Cropland
Marginal land

Detailed crop, animal and mineral information

Crops area
Oil Palm

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Various sales channels of CPO include: Sale to major Ivory Coast refineries, Export to bordering countries, Sale to commodity traders

In country processing of produce

In country processing of produce
Yes
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
Crude palm oil. The mill operates two lines of 30 tons of FFB per hour processing capacity each. Initial capacity in the first full year of production is anticipated to be between 30,000 and 35,000 tons of CPO per annum, rising to 70,000 tons at full capacity. New 60 ton per hour mill commissioned in August 2019.

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
Drip irrigation in the nursery

Overall comment

Overall comment
Dekel Oil has another case in Ivory Coast-- # 4959 (Guitry). Dekel Oil is RSPO registered

Aug. 27, 2019, 1:24 p.m.

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March 1, 2019, 12:08 p.m.

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Feb. 4, 2016, 12:20 p.m.

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Jan. 8, 2016, 1:54 p.m.

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Oct. 31, 2014, 11:38 a.m.

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May 10, 2013, 10:59 a.m.

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March 26, 2013, 11:14 a.m.

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March 26, 2013, 11:01 a.m.

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