exchange traded as tsx v frn industry agriculture agribusiness founded 1911 headquarters 32 all e verte mbinza ma campagne c ngaliema kinshasa democratic republic of the congo key people ravi sood chairman xavier de carniere ceo products beans rice oil seeds grains palm oil website http www.feronia.com feronia inc. is a public company listed on the tsx venture exchange 1 2 3 in operation since 1911 as a large scale commercial farmland and plantation operator in the democratic republic of the congo drc . the company uses modern agricultural practices to operate and develop its oil palm plantations and arable farming business division . 4 feronia s oil palm plantations subsidiary is phc fr plantations et huileries du congo . feronia phc operates in the quateur and orientale province of drc and consists of three established plantations together with associated infrastructure . 5 the principal products of feronia phc are crude palm oil cpo and palm kernel oil pko . the cpo and pko products are transported by barge to the capital city of kinshasa where they are sold into the local markets with any surplus sold to international markets . the local drc market currently consists of two refining factories located in kinshasa which purchase 100 % of phc s production . the refined products which are produced by these factories are sold into the local market in a variety of forms . commencing operations in 1911 as huileries du congo belge hcb later fr plantations lever au congo plantations lever au zaire and ultimately fr plantations et huileries du congo 6 the plantations have been in continuous operation since this time . the operation was started as a division of unilever and for many years was a key operating subsidiary of the multinational . it later formed the nucleus of the united africa company which ultimately came under the control of unilever . the united africa company was the principal supplier to the united kingdom of several key commodities including palm oil ground nuts and cocoa . each of the plantations are located either adjacent to or in close proximity to the congo river . 7 feronia phc currently employs approximately 4 000 people making it one of the largest private sector employers in central africa . local and international organizations have recently voiced criticism of feronia s operations in the drc for carrying out what they characterize as a massive land grab as well as for operating a brutal system of labour exploitation and community harassment and making corrupt payouts to politically connected individuals in the drc . feronia disputes these allegations 8 and says it is making a huge difference to people s lives in one of the world s poorest places . external links edit feronia inc. official website references edit http sedar.com displayprofile.do lang en & issuertype 03 & issuerno 00025224 public company sedar profile http investing.businessweek.com research stocks private snapshot.asp privcapid 62543886 businessweek company summary http reversemerger.dealflow.com reports article.cfm id clsqpguowvkzdsf reverse merger report http farmlandgrab.org post view 19239 feronia s ambitions in africa extend beyond palm oil http www.reuters.com article 2011 04 29 uk palmoil africa firms factbox iduktre73s27020110429 factbox major and emerging palm oil players in africa http books.google.ca books id tigoaaaaqaaj & pg pa607 & lpg pa607 & dq unilever history in congo & source bl & ots fagnqbr9qj & sig yyge7mfni0shqey1 n 2ofo kok & hl en & ei dz mtfodfplqgqf5r xrba & sa x & oi book result & ct result & resnum 2 & ved 0ccqq6aewaq v onepage & q unilever % 20history % 20in % 20congo & f false unilever overseas the anatomy of a multinational 1895 1965 http www.feronia.com oil palm operations feronia oil palm operations business and human rights resource centre pdf . retrieved from https en.wikipedia.org w index.php title feronia inc. & oldid 738155688 categories companies listed on the tsx venture exchangecompanies of the democratic republic of the congopalm oil production in the democratic republic of the congo navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 7 september 2016 at 07 16 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view