SIPH is a subsidiary of

SIPH’s production comes from its own plantations (28 %) and from purchases from independent growers (72 %)

The rubber produced by SIPH has two distinct origins:

  • 25 % is originated from its industrial plantation
  • 75 % is suplied by local farmers

These two origins contribute in different ways to SIPH’s results:

  • With fixed production costs, SIPH’s own produced rubber has an economic leverage effect when prices are high,
  • The cost of rubber purchased outgrowers from growers is proportional to prices: it therefore has an economic cushioning effect when prices are low.
 

 

SIPH promotes private farms and rubber plantations

With 220 000 tonnes of rubber purchased from local farmers, SIPH actively contributes to the development of regional rubber cultivation.

The Smallholder’s dynamism has led Ivory farmers Coast has led the country to the position of leading rubber producer in Africa and 4th producer worldwide. With about 30% in the Ivory Coast market, SIPH is actively involved in the expected increase in growth over the next few years. Rubber purchased in Ivory Coast currently represents 3/4 of all rubber bought by SIPH.

The success of promoting rubber plantations near the outgrowers by GREL continues to produce its beneficial effect.

 

Purchases from Ghanaian outgrowers are about 50 000 tons in 2020 and should keep increasing strongly in the upcoming years. Purchases of rubber in Nigeria and Liberia are minimal for the Group.

 

Own production: 75 000 Tons in 2020

Ivory Coast:
SAPH which oldest plantations are being replanted has reached 33 000 tons in 2020 and will progressively evolve to 40 000 tons in 2030.

Ghana:
GREL’s production in 2020 is of 19 000 tons and will progressively evolve to 31 000 tons in 2030.

Nigeria:
The plantations, for the main part, has been rehabilitated by Michelin at time of letting them to SIPH.

Liberia:
The current production is of 4 000 tons and should keep evolving.

SIPH has a policy of regular responsible replanting.

 

 

Expansion of land for planting

SIPH keeps a continuous extension programme, especially in Nigeria and Ghana, with an annual planting level appropriate for financial capacities.

Extensions planted between 2015 and 2020 are of 5.510 ha of rubber and 2.118 ha of palm tree.