The fundamental principles that have guided Socapalm since its privatization in 2000, are its commitment to offer, through its activities, a value chain that responds to the different economic, social and environmental challenges: meet the domestic needs for vegetable oil and quality products, implement advanced technologies, offer good working conditions to attract and retain talent; integrity that guarantees coherence, transparency and encouragement of social dialogue. Socapalm’s turnover amounted to over € 106 million in 2019.
- Palm oil:
Palm oil has always been an integral part of the diet of Cameroon’s population. It is especially appreciated in the so-called “village dishes”, and it is all the truer that there is an increase in the exploitation of the oil palm in the villages by smallholders. In 2019, Socapalm’s palm oil amounted to 140 349 tons, this production has almost tripled in 20 years.
- The hévéaculture or natural rubber:
The production of natural rubber provides pure green energy: it is a substitute to petroleum based synthetic rubber. Rubber trees constitute an important source of carbon. Natural rubber production has two major advantages:
- It offers permanent income throughout the year;
- It doesn’t deteriorate (an important factor when means of transport or sales opportunities are not immediate).
Socapalm has initiated the diversification towards rubber production since 2006.
- Some figures:
Cameroon’s population is estimated at 27.7 million inhabitants (2020)
Surface area of the country: 475 440 km2 (47 544 000 ha)
HDI: 0.563 (150th world rank – 2019)
Density: 58 inhabitants/km2
Surface area of oil palm plantations: estimated at 200 000 ha (0.42%)
Surface area of rubber tree plantations: estimated at 57 000 ha (0.12%)
Surface area of oil palm plantations smallholders: estimated at 137 000 ha (0.29%)
Surface area of rubber tree plantations smallholders: estimated at 2 000 ha (0.004%)
- Technical Profile of Socapalm (2018)
Creation: 1968 – privatization: 2000
6 sites: Dibombari, Mbongo, Mbambou, Eséka, Edéa and Kienké
6 palm oil mills certified ISO 14001:2015
Production of crude palm oil: 140 349 tons
Surface area of oil palm plantations: 32 584 ha
Production of rubber: 2 442 tons
Surface area of rubber tree plantations: 2 067 ha
Staff: 5 197 employees (direct and indirect)
9 759 children attend Socapalm schools
9 health centers and clinics staffed by 6 doctors and 50 nurses and other medical personnel.