About
Siat Group

Siat is an agro-industrial group specialized in oil palm and rubber plantations and allied processing and downstream industries.

Across our subsidiaries in Nigeria, Ghana, Gabon, Ivory Coast and Cambodia, Siat employs over 17.000 people. We are a significant employer in rural Africa, with our head office located in Brussels, Belgium.

Vision & Mission

Achieve profitable growth by focusing on Africa’s palm oil and natural rubber sectors

Promote environmental, social and financial sustainability “beyond certification” in all its processes

Shape a culture that embraces accountability, innovation and strong corporate values

Four key investment highlights are the drivers of Siat’s vision going forward.

Biological, Production & Renewable assets

The group has invested in
(i) biological assets, showcasing further acquisition opportunities,
(ii) production assets
and (iii) renewable energy, to prepare for future growth in the most sustainable way.

Research, Development & Innovation

With its R&D developments, Siat stands at the forefront of the drive for higher productions on less land, which is the most sustainable solution going forward.

Environmental & Social risk management

Siat is a strong believer that sustainability and economics go hand in hand, driving its strong investments in this area.

Favourable market dynamics

Siat serves attractive and growing-end markets, driven by the booming global demand for palm oil and natural rubber.

Company
Profile

Nv Siat sa was incorporated under Belgian Law in the year 1991 and has a share capital of €31,000,000, fully subscribed and paid-up.

Siat stands for “Société d’Investissement pour l’Agriculture Tropicale”. The object of the company is to invest and manage agro-industrial ventures in the tropics.

450 m€
Cumulated Capital Expenditure (10 years)
120000 ha
of plantation estates
50000 ha
planted (68% PALM /32% RUbber)
120 m€
net sales FY21 (palm)
12 m€
net sales FY21 (rubber)
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“After 30 years of complex acquisitions, ambitious greenfield projects and bold innovations, we have built a resilient organisation that needs to brace itself for new challenges … I’m confident that the new generation in charge of the Group’s destiny will find optimal solutions to consolidate sustainable development, to the benefit of all stakeholders and contributing to a better world.”

Pierre Vandebeeck Siat Group Founder
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Historical
developments

1991
Incorporation of Siat sa/nv & aquisition of Presco, Nigeria
1995
Aquisition of GOPDC, Ghana
2002
Listing 40% of Presco shares on the Lagos Stock Exchange
2007
Acquisition of CHC Compagnie Hévéicole de Cavally, Ivory Coast
2011
Siat Nigeria Ltd aquires assets of Risonpalm
2013
Creation of CHP Compagnie Hévéicole de Prikro, Ivory Coast & minority stake in Deroose plants, Belgium, USA and China
2015
Majority stake in Deroose Plants 81% & GOPDC is amongst first African Palm Oil producers to be RSPO certified
2016
Aquisition of Swift Rubber, Cambodia & sale of Siat Gabon's oil palm assets
2017
Repurchase of 35% of Siat shares from GMG-Halcyon & Aquisition of majority stake in Exotic Plant, Belgium and China
2018
Member of WCF and Underwriting of CFI & Public-Private Partnership for Agrofestry, Rural Development and Protection of the HVC Forests of Goin-Débé & Cavally, Côte d'ivoire
2019
RSPO Audits of SNL sucessfully completed & Full Operational Integration of Deroose Plants and Exotic Plan
2021
Presco acquires 100% of the shares of SNL

Vision &
Mission

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Our
Products

Natural Rubber Products

Technically Specified Natural Rubber CHC M 20 / GAB M 20 (Michelin SAR 20 IC) , used in tyres and various moulded rubber products.

Specifications :

 P0 : ≥33
 PRI : ≥40
 Mooney Viscosity : /
 Dirt (%w/w max) : ≤0.14
 Ash (%w/w max) : ≤0.75
 Volatile Matter (%w/w max) : ≤0.80
 Nitrogen (%w/w max) : ≤0.60
 Lovibond Colour Index : /

Technically Specified Natural Rubber CHC 10 / GAB 10, used in tyres and various moulded rubber products.

Specifications :

 P0 : 33±3
 PRI : ≥50
 Mooney Viscosity : ≥60
 Dirt (%w/w max) : ≤0.08
 Ash (%w/w max) : ≤0.75
 Volatile Matter (%w/w max) : ≤0.80
 Nitrogen (%w/w max) : ≤0.60
 Lovibond Colour Index : /

Technically Specified Natural Rubber CHC 20 / GAB 20, used in tyres and various moulded rubber products.

Specifications :

 P0 : [30-32]
 PRI : [40-49]
 Mooney Viscosity : ≥60
 Dirt (%w/w max) : ≤0.08
 Ash (%w/w max) : ≤0.75
 Volatile Matter (%w/w max) : ≤0.80
 Nitrogen (%w/w max) : ≤0.60
 Lovibond Colour Index : /

Siat Cambodia Latex, used in various special rubber products.

Specifications :

 P0 : 33±3
 PRI : ≥60
 Mooney Viscosity : 75±5
 Dirt (%w/w max) : ≤0.03
 Ash (%w/w max) : ≤0.60
 Volatile Matter (%w/w max) : ≤0.80
 Nitrogen (%w/w max) : ≤0.60
 Lovibond Colour Index : 6

Siat Cambodia Latex 5, used in various special rubber products.

Specifications :

 P0 : 33±3
 PRI : ≥60
 Mooney Viscosity : 75±5
 Dirt (%w/w max) : ≤0.05
 Ash (%w/w max) : ≤0.60
 Volatile Matter (%w/w max) : ≤0.80
 Nitrogen (%w/w max) : ≤0.60
 Lovibond Colour Index : /

Palm Oil Products

Premium grade palm oil with less than 3% free fatty acid (FFA) content, extracted from the mesocarp of palm fruits.In order to make high quality refined products, it is essential to have crude palm oil of a good quality.

Special Palm Oil is used:

  • for cooking and frying
  • as nutritious supplement
  • in soap and detergent

Special Palm Oil Specifications:

FFA (%) Max:3.0
Moisture & Impurties (%) Max:0.1
IV:51-54
Colour (5 1/4″ Lovibond) R:28-32
Colour (5 1/4″ Lovibond) Y:16-22

Refined, Bleached and Deodorised Palm Oil is the result of refining Special Palm Oil. It contains between 0.05% and 0.15% free fatty acid.

Presco’s premium grade refined palm oil is known as Ultra Pure.

Ultra Pure is used:

  • for cooking and frying
  • in dairy products
  • as a nutritious supplement
  • in soap and detergent

Ultra Pure Specifications:

FFA (%) Max:0.08-0.15
Moisture & Impurities (%) Max:0.02
IV:51-54
PV (meq O²/kg)1.0-1.2
Melting Point (°C)34-38
Taste/Odour:Bland
Colour (5 1/4″ Lovibond) R:3.0-4.5 or 9.0-12
Colour (5 1/4″ Lovibond) Y:16-22

Palm Fatty Acid Distillate (PFAD) contains a very high free fatty acid level and is mainly used by the quality soap industry. PFAD is obtained as a by-product of the refining process.

Presco’s PFAD is used in soap and detergents.

Palm Fatty Acid Distillate Specifications:

FFA (%) Max:94-96
Moisture & Impurities (%) Max:0.03

Palm Olein is a light yellow edible oil obtained from the fractionation of Refined Bleached and Deodorized Palm Oil, which is separated in two fractions by partial crystallization. The liquid fraction is called Palm Olein.

Presco’s premium grade refined palm olein is known as Prestige

Prestige is used:

  • for cooking and frying
  • as salad oil
  • in mayonnaise
  • in creams and spreads

Prestige Specifications:

FFA (%) Max:0.08-0.10
Moisture & Impurities (%) Max:0.02
IV:55-57
PV (meq O²/kg):1.0-1.2 or 4.0
Cloud Point (°C):10.5 or 9-16
Taste/Odour:Bland
Colour (5 1/4″ Lovibond) R:3.0-4.5
Colour (5 1/4″ Lovibond) Y:30-35
Palm Stearin is the solid fraction obtained from the fractionation of Refined Bleached and Deodorized Palm Oil. It is mainly used by the food industry. Presco’s premium grade refined palm stearin is known as Palma. Palma is used:
  • in dough for biscuits
  • in chocolate and confectionery products
  • in snacks, crisps, …
Palma Specifications:
FFA (%) Max: 0.08-0.10
Moisture & Impurities (%) Max: 0.01 or 0.02
IV: ranging from 30 to 54 depending on the customer’s specifications
PV (meq O²/kg): ranging from 0.8 to 3.5 depending on the customer’s specifications
Melting Point (°C): ranging from 36 to 55 depending on the customer’s specifications
Taste/Odour: Bland
Colour (5 ¼” Lovibond) R: ranging from 2.8 to 4.5 depending on the customer’s specifications
Colour (5 ¼” Lovibond) Y: 30-35
Crude Palm Kernel Oil (CPKO) is a light yellow crude oil, extracted from the palm kernels, containing mainly lauric acid. Presco’s Crude Palm Kernel Oil is used:
  • in ice cream
  • in margarine
  • in chocolate and confectionary products
  • in soap and detergent
Palm Kernel Oil Specifications:
FFA (%) Max: 2.5
Moisture & Impurities (%) Max: 0.3
IV: 16-19
Colour (5 1/4″ Lovibond) R: 3.4-4.5
Colour (5 1/4″ Lovibond) Y: 30-32
Refined Palm Kernel Oil (RPKO) is the result of the refining of crude palm kernel oil. Presco’s RPKO is known as Palpita. Palpita is used:
  • in ice cream
  • in margarine
  • in chocolate and confectionery products
  • in soap and detergent
Palpita Specifications:
FFA (%) Max: 0.08-0.1
Moisture & Impurities (%) Max: 0.02
IV: 16-19
PV (meq O²/kg): 1.0-1.2
Melting Point (°C): 26-28
Taste/Odour: Bland