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18 Oct 2012 07:00
18 October 2012
EQUATORIAL PALM OIL plc
("EPO" or the "Company")
Presentation at Proactive Investors Forum
Equatorial Palm Oil plc, (AIM: PAL), the AIM listed palm oil production company with operations in Liberia, is pleased to announce that it will be presenting at the Proactive Investors One 2 One Forum in London on 25 October 2012.
At this presentation, Michael Frayne, Equatorial Palm Oil's Executive Chairman, will provide an overview of its operations in Liberia, an update on progress at its Palm Bay and Butaw plantations and a review of prospects for the coming year and beyond.
A copy of the presentation will be available on the Company's website www.epoil.co.uk at 7.00am on Friday 26 October 2012.
For further information, please contact:
Equatorial Palm Oil plc Michael Frayne (Executive Chairman) www.epoil.co.uk
| +44 (0) 20 7766 7555 |
Strand Hanson Limited (Nominated Adviser) James Harris / Paul Cocker | +44 (0) 20 7409 3494 |
Mirabaud Securities LLP (Broker) Peter Krens
| +44 (0) 20 7484 3510 |
Pelham Bell Pottinger (Financial/ Corporate PR) Archie Berens / Joanna Boon | +44 (0) 20 7861 3126 |
About Equatorial Palm Oil
Equatorial Palm Oil plc (EPO) is a UK publicly-listed entity focused on becoming a global, sustainable, low-cost producer of crude palm oil (CPO) through the reactivation and development of its oil palm estates in Liberia, West Africa.
With up to 169,000 hectares, EPO plans to develop 50,000 hectares for production in the next 10 years, doubling to100,000 hectares in 15 years.
EPO operates Liberia's only commercial palm oil mill, which was inaugurated in May 2011 by President Ellen Johnson Sirleaf. The mill has a production capacity of 5 tonnes per hour of oil palm fresh fruit bunches.
EPO is part of a joint-venture with Biopalm Energy Limited, a subsidiary of the SIVA Group, which has paved the way for accelerated development of land and the rehabilitation of 3,500 ha of existing plantation.
EPO has made significant investment in local communities, building roads, schools and health clinics. It employs 1,000 staff and plan to increase that to 20,000, making it one of the largest employers in Liberia.
EPO's operations are geographically well located for regional supply and are close to deep water ports. Nearly 1 million tonnes of crude palm oil are imported into West Africa each year and demand continues to grow. By supplying the local market, EPO will help in reducing imports and making a positive impact on the community and regional economy.
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