Deal #3747 Version 94092 Version 94093
Size under contract (leased or purchased area)
  • [current] 29066 ha
  • 29066 ha
  • [current] 8β€―380 ha
Comment on land area
Land titles for 29 066ha. Company annual report 2011 states 28 261ha. 6090ha under palm oil. Company website on the plantation indicates 6084ha planted but no indication of date. Company website states Brabanta was acquired by SOCFIN in 2007 with a size of 8380ha. This may refer only to the concession signed in 2007. Sustainability report 2019 only mentions the 2007 concession with a planted size of 6169ha.
Land titles for 29 066ha. Company annual report 2011 states 28 261ha. 6090ha under palm oil. Company website on the plantation indicates 6084ha planted but no indication of date. Company website states Brabanta was acquired by SOCFIN in 2007 with a size of 8380ha. This may refer only to the concession signed in 2007. Sustainability report 2019 only mentions the 2007 concession with a planted size of 6169ha. SOCFIN annual report states size under contract of 8380ha. It is assumed that the plantations were downscaled.
Intention of investment
  • [current] Non-food agricultural commodities, Agriculture unspecified (29066 ha)
  • Non-food agricultural commodities, Agriculture unspecified (29066 ha)
  • [current] Non-food agricultural commodities, Agriculture unspecified (8β€―380 ha)
Comment on intention of investment
Oil production for domestic market, in particular for industrial sectors such as food, soap and cosmetics. The company also intends to expand into rubber.
Oil production for domestic market, in particular for industrial sectors such as food, soap and cosmetics. The company also intends to expand into rubber. Spott intiative states socfin's DRC operations (Brabanta): 13,000 ha have been set aside for conservation (forest preservation).
Comment on negotiation status
The land was previously owned by Unilever who abandoned the plantation in the 1980s. Different concessions have different start years: 1992/2005/2007/2011. 10 concessions in total. Not enough information available on individual concessions to disaggregate them.
The land was previously owned by Unilever who abandoned the plantation in the 1980s. Different concessions have different start years: 1992/2005/2007/2011. 10 concessions in total. Not enough information available on individual concessions to disaggregate them. SOCFIN 2023 annual report (pg 59) states date of initial lease with renewals is 2004-2022 with a size under contract of 8380ha.
Implementation status
  • Project not started
  • [current] In operation (production)
  • Project not started
  • In operation (production)
  • [2023, current] In operation (production)

Data source #3BP92o6e

File
Type
Other
Url
Keep PDF not public
No
Organisation
SPOTT
Comment on data source
SPOTT scorecard for SOCFIN group

Data source #GkyR_SG0

File
Type
Company sources
Url
Keep PDF not public
No
Publication title
SOCFIN annual report 2023
Date
2023
Organisation
SOCFIN