Green Earth Fuels – a subsidiary of the Riverstone Holdings, Carlyle Group and Goldman Sachs investment funds – says the project will ensure a major cash injection for a very poor region, where subsistence farming has done considerable damage to forests.

Source: elperiodico.com.gt

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Nicaragua: 100 Thousand Hectares to Invest In

May 2016

African palm, coffee, pineapple, bamboo, cocoa and forestry are the categories that the Nicaraguan government is promoting as investment opportunities in the Caribbean coast.

Noting that deforested areas are those that could house African palm plantations, Alvaro Baltodano, presidential delegate for investment and exports, noted that African palm is now being planted in 10 thousand acres of the Nicaraguan Caribbean, as part of a project that aims to plant 20 thousand acres.

New Palm Oil Plant

December 2012

From January 2013 a new plant in Honduras will be operational, producing African palm oil and having a capacity to process 650 tons per day.

Corporación Industrial Sula (COINSU), which is made up of 453 small producers from the Atlantic coastline, invested $10 million in the plant in Río Blanquito, Choloma, in Cortés, and plans new investment stages to make the amount up to $15 million.

Panama: $7.8 Million in Vegetable Oil Plant

November 2009

A new plant for extracting vegetable oil from African palm will start operating on December 4th, after a $7.8 million investment.

It is located in Barú, in the province of Chiriquí, and is owned by Coopemapachi (Association of Palm Oil Producers from Chiriquí). It is capable of processing 20 tons per hour.

Biofuels boom sparks demand for land in Guatemala

July 2008

American investment funds and local companies are buying large tracts of land to grow the African palm tree in Guatemala.

The rise in oil prices and the worldwide boom in biocombustibles has created more demand for land in Guatemala.
The new owners plan to grow African palm trees to produce vegetable oil and biodiesel.