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Corporate Profile

GMG is a Singapore-headquartered plantation group dedicated to longterm investments in Central and West Africa as well as Indonesia. It is an integrated producer of natural rubber engaged in the planting, growing, tapping, processing, marketing and exporting of natural rubber. The Group’s emphasis is on producing premium products for Europe, US and Asia markets.

Currently, it operates in four countries, namely (i) Singapore where it maintains its corporate headquarters and marketing/sales arm, (ii) Cameroon, where its wholly-owned subsidiary, GMG International, SA owns a 90stake in Hevecam, which owns an industrial rubber plantation with processing facility of over 50,000 metric tons annual capacity on a land concession of 41,000 hectares since December 1996, (iii) Cote d’Ivoire, where its 51.2subsidiary, Tropical Rubber Cote d’Ivoire, owns and operates a processing facility of 36,000 metric tons annual capacity and a rubber plantation on a land concession of 1,560 hectares (Anguededou Plantation) since 1995, and (iv) South Kalimantan, Indonesia, where its 51subsidiary (since April 2007), P.T. Bumi Jaya, owns and operates a processing facility of 30,000 metric tons annual capacity. As a leading producer of high quality natural rubber, it focuses on centrifuged latex and tyre-grade rubber and two supplementary products - block rubbers of latex and skim. With total annual production above 60,000 metric tons, it accounts for approximately 60and 12of Cameroon’s and Cote d’Ivoire’s annual rubber exports, respectively. In Cote d’Ivoire, it is the second largest buyer of smallholders’ rubber, a position it has developed over recent years. Its Indonesian operation started production in late August 2007.

Both the Hevecam and Anguededou Plantations were acquired from the respective governments under State privatisation programmes. The State of Cameroon and the State of Cote d’Ivoire remain as a 10and 20shareholder in Hevecam and Tropical Rubber Cote d’Ivoire, respectively. P.T. Bumi Jaya is a 51joint-venture with local partners in Indonesia.

GMG is a member of the Sinochem Group of companies.

 

 
   
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