Deal #3460 Version 61305 Version 61307
Comment on implementation status
The company maintains a nursery of around 40ha.
The company maintains a nursery of around 40ha.In August 2021 ,Following a work-related accident at the Liberian Agricultural Company (LAC) rubber plant, which resulted in the death of an employee, the government ordered the factory to remain closed until all safety measures were taken. safety systems are evaluated by independent technicians to ensure the safety of workers. The closure is temporary and partial, with farmers being able to sell their rubber to the company
Comment on investment chain
The LAC plantation was taken over in 1999 by the Socfin group, 54% owned by the Belgian businessman Hubert Fabri and 39% by the BollorΓ© Group. It achieved sales of $ 33.8 million and net income of - $ 1 million in 2020

Data source #Y-1b9Hts

File
Type
Media report
Url
Keep PDF not public
No
Publication title
Government Orders LAC Rubber Processing Factory Remains Closed
Date
2021-08-30
Comment on data source
Front Page Africa

Data source #2MuHD-vM

File
Type
Media report
Url
Keep PDF not public
No
Publication title
In Liberia, the government closes the LAC rubber plant
Date
2021-08-30
Comment on data source
COMMODAFRICA