Salala Rubber Corporation SRC · 1 nursery school, 3 primary schools and 2 secondary schools A well equip laboratory and reading room A 36 seated bus to transport students 2017 students

Salala Rubber Corporation – SRC

Liberia

2018 Edition Data: 31/12/2017

Content

➢ Socfin Group

➢ SRC at a glance:

• History, activities & financial results

➢ Responsible Management:

• Work environment, HSE, education, health, Corporate Social

Responsibility (CSR), Liberian contractors

➢ Challenges

2018 SRC - Socfin Group 2

Socfin GroupMission:✓ Development and sustainable management of oil palm and rubber estates in Africa and South

East Asia

Key figures (2017)

Established in 1909 192 000 ha of planted areas 49 000 employees

10 countries 15 agro-industrial projects € 102 million invested in 2017

€ 29 million for social infrastructures and projects, health, work security and environment protection


Historical background

✓ August 1959: Concession granted by the Government

✓ Civil war: SRC factory complex and plantation were rebel bases

• The situation was:

o Most infrastructures had to be rebuilt

o Old housing were replaced with new ones and with new design

o There were no operations during the civil crisis

o Trees older than economic life of 32 years

✓ 2007: SRC merged with WRC to form Salala Rubber Corporation

✓ 2011: ISO 9001 certification obtained for the rubber factory

✓ 2012: The rubber factory was closed

✓ 2016: ISO 14001:2004 certification obtained for the plantation

✓ 2017: ISO 14001:2015 re-certification obtained

✓ 4 577 ha planted until 2017


History


Camp old housing

A sample of new housing for workers


Concession

SRC (2017)

Situation Margibi County

Concession 8 000 ha

Rubber plantation 4 577 ha = 2 042 ha mature 4 577 ha of immature

HR & facilities

1 381 direct and indirect employees1 health center &

1 health outpost

6 schools (1 nursery, 3

primary and 2 second )


SRC Plantation map with surrounding villages


Key Figures (2017)

✓ Rubber out growers

• 60 smallholders

• 20 000 stumps supplied

✓ Factory processing plant closed in 2012


Stumps supplied to smallholders

Rubber activity

2017 2016 2015

Ha in production 2 042 1 554 1 772

Own plantation production

(T of dry rubber)2 034 242 2 333

Yield (kg of dry rubber/ha) 1 040 N/A 1180

Productivity (kg of dry rubber/md tappers) 32.5 N/A 24

✓ Replanting program

• 2018: 203 ha

• 2017: 173 ha

• 2016: 307 ha

• 2015: 167 ha

• 2014: 385 ha

• 2013: 445 ha

• 2012: 451 ha

• 2011: 161 ha


Financial results


(K€) 2017 2016 2015

Turnover 1 952 206 2 206

Net result - 1 893 - 4 790 - 3 771

Research & development

✓ Advanced land preparation techniques, clonal selection, chemical

application new methodology

✓ Tapping School for improvements:

• Skill tapping

• Budders Training

• Integrated Pest Management

Research & development


Tapping school

Key figures (2017)

Health1 medical center &

1 health outposts8091 consultations 19 health staff

Education 6 schools 51 teachers 2 243 students

Local development Certification ISO 14001

Responsible Management

Stability within the work environment

✓ Collective Bargaining Agreement

• for Unionized employees

• 01/12/2017 – 30/11/2020

✓ Internal negotiating partners

• SRC Staff Association

• SRC Workers Union, local branch of General Agricultural and Allied Workers Union of Liberia

(GAAWUL)

✓ Regular dialogue maintained with these partners

✓ More than 15 000 bags (50kg) of subsidized rice per annum issued to workers

✓ Subsidy on rice over USD 300 000 per annum

✓ Productivity linked incentives and premiums paid to workers

✓ Annual support to the school and hospital activities budgeted at USD 500 000

✓ Security Department: 300 Plantation Protection force from the community


Management/workers and community sport festival

Contents of portfolios

✓ Fire insurance for our buildings and equipment's

✓ Insurance for company vehicles

✓ NASSCORP contribution

• Compulsory: 4% paid by the employee, 4+2% paid by employer

✓ Package for the retirees

✓ Loans to both Staff and Unionize workers


Health, Safety & Environment

✓ Environment

• 1 HSE Manager & a clerk

• ISO 14001:2015 certification

o First certified plantation in the country

o Upgraded to ISO 14001:2015 (30/06/2018 - 31/05/2021)

• New incinerator installed and commissioned at the

health center

• Environmental permit from the EPA (22/08/2017—21/08/2020)

• Training sessions in 2017

– Environmental Health and Safety training

– Security and Fire Safety training

– Plantation – chemical sprayers training

– First Aid training


Education

✓ Free access for employees and dependants

✓ A low fees of USD 10 per year paid by community

children for admission

• Scholarship offered to deserving students for

advance studies

✓ Adult education/literacy program (night school)

✓ 1 nursery school, 3 primary schools and 2

secondary schools

✓ A well equip laboratory and reading room

✓ A 36 seated bus to transport students

✓ 2017 students enrollment both workers and

community total 2 243 with 51 teaching staff

employed with SRC


Health

✓ Free access for employees and dependents

✓ Medical services

• 1 health center with 19 beds

o 1 health outpost

o 1 ambulance

• Consultations

o 8 757 in 2017

o Measles out break response

o Training of midwives and community health team

✓ Recent investments

• Construction of an incinerator

• Newly constructed storages facility

• Installation of four first aid post

• Mobile team -- community health education

• Purchased a new ambulance


Health facilities


Health center Ambulance

Placental pitIncinerator

Corporate Social Responsibility

✓ Treatment offered to local communities at SRC health

center

✓ Community students admission at SRC school system

✓ SRC health facilities remained opened during the Ebola

crisis and there was no confirmed case

✓ Construction of 3 hand pumps and a construction a 3.5

km community road

✓ Supplied about 40 000 rubber seedlings to about 341

smallholders and provide technical assistance to

smallholders.

✓ Maintenance of the roads outside the plantation

✓ Supplied of sporting materials and welfare activities

✓ Social and sporting events in and out of the plantation

✓ Community site clearing

✓ Distribution of rice and cash to communities during

holiday celebration

✓ Financial assistance given for social events




Glegbata school renovated and furnishedMaintenance of community road

Weala foot ball team Baypolu foot ball team



Factory team Award for the 1st, 2nd and 3rd winner of the festival

Massaquoi town team Camp 3 team



Sanitation tools presented to Ansata villageJehjeh village road 1.5 constructed

Baypolu town latrine Massaqoui town latrine



•

Sumo Johnson town hand pump

Varney town community pump

Dedeta village site clearing for market ground

Dedeta village bridge constructed

Relationship with local contractor firms

✓ Support a network of local companies and entrepreneurs in

various fields:

• Construction contractors

• Transport contractors

• Plantation maintenance contractors including slashing, road brushing,

fire safety team, security team, etc.

• Supply of local materials like fuel, gasoline, rice, lubricants, tires,

sand, crushed rocks, building materials, tapping implements, spare

parts and equipment, transport, etc.

• General maintenance contractors


Challenges

✓ Low rubber market price

✓ Rubber and tapping materials theft

✓ Fire hazard during the dry season

✓ High cost on fuel for electricity supply (running two generators)

✓ Pressure on SRC school system and medical facilities: no assistance or

grant from GOL

✓ Access to the remain concession land


w w w. s o c f i n . c o m

maquette provisoire


Than k yo u fo r

yo u r a t ten t i o n

P u b l i c a t i o n s


Documents

Salala Rubber Corporation SRC · 1 nursery school, 3 primary schools and 2 secondary schools A well equip laboratory and reading room A 36 seated bus to transport students 2017 students