• Short Summary

    A new palm-oil-producing factory at Ehania, Ivory Coast is expected to become the world's largest producing plant in 1971.

  • Description

    A new palm-oil-producing factory at Ehania, Ivory Coast is expected to become the world's largest producing plant in 1971.

    Malaysia is at present the world's leading producer of palm oil, and Ivory Coast is the leading African producer. Ivory Coast produced a total of 332,800 metric tons of Palm Oil and related oil products in 1968, the latest year for which figures are available.

    The Ehania plant at present employs only 60 workers, to produce 60 metric tons a day, but by 1971 the daily output is expected to rise to 200 metric tons per day, easily the biggest in the world.

    The Ehania plant, 90 miles (140 KMS) from Abidjan and 3 miles ( 5 KMS ) from the Ivory Coast's border with Ghana, is one of nine operated by the giant Sodepalm-Palmivoire corporation. They have 60,000 hectares (150,000 acres) under palm cultivation, and by 1975 plan to have increased this to 100,000 hectares ( 250,000 acres ). The Corporation have six more plants under construction.

    The plant uses for the oil-pressing process the latest machinery made in Luxemburg, and the investment funds for the project came from the European Investment Bank.

    The total invested in the Ivory Coast's Palm - Oil and related products industry is about 36.5 million Sterling, (101 million U.S. dollars), much of it from the World Bank and the European Common Market.

    The Ivory Coast's own investment stands at more than 6.5 million Sterling (17 million U.S. dollars).

    Palm oil is one of the Ivory Coast's principal exports, and much of it goes to world markets. It is used principally in the manufacture of cooking oil, margarine and soap.

  • Tags

  • Data

    Film ID:
    VLVADYLZRDK1EFHOVWQGLVBNTAY1P
    Media URN:
    VLVADYLZRDK1EFHOVWQGLVBNTAY1P
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    31/08/1970
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:38:00
    Time in/Out:
    /
    Canister:
    N/A

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