Deal #904

Location #1

Spatial accuracy level
Administrative region
Location
Yurimaguas, Peru

Target country
Peru
Comment on location
Yurimaguas, Loreto

Land area

Size under contract (leased or purchased area, in ha)
[2006] 7000
Size in operation (production, in ha)
[2006] 2000

Intention of investment

Intention of investment
Biofuels
Comment on intention of investment
oil palm

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)

Implementation status

Implementation status
[2006] In operation (production)

Operating company

Operating company
Comment on investment chain
Palmas del Shanusi is a subsidiary of Palmas del Espino. Palmas del Espino, or Palmesa is the Romero Group's specialized oil palm enterprise.

 

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Data source #1

Data source type
Media report
File
Date
2008-01-01

Data source #2

Data source type
Media report
File
Date
2011-01-01

Data source #3

Data source type
Media report
File
Date
2013-11-25
Comment on data source
(last web access)

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Media report
File

Data source #9

Data source type
Media report
File

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Mixed reaction

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Smallholder agriculture
Conservation

Former land cover

Former land cover
Cropland
Forest land

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production). The Group has the facilities to process it.

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: Like the previous case, this one involucrates Romero Group too and is is also conflicting. Two municipalities are fighting for the juridiction over the lands purchased by Romero and one of them accuse the enterprise of ecological damages.

Feb. 5, 2016, 9:25 p.m.

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Nov. 25, 2013, 9:46 p.m.

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Nov. 25, 2013, 9:40 p.m.

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March 7, 2013, 12:25 a.m.

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Feb. 15, 2013, 5 p.m.

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