Press release
27th Apr, 2022
Olam Group appoints Maya Hari as CEO of climate-tech venture Terrascope
Singapore
Olam Group has appointed Maya Hari as Chief Executive Officer (CEO) of its climate-tech venture Terrascope (www.terrascope.com). Headquartered in Singapore, Terrascope empowers companies to accurately and efficiently manage and reduce their carbon emissions through its smart carbon management platform. Maya reports to Suresh Sundararajan, CEO of Olam Ventures.
Maya joined Terrascope from Twitter Inc. where she served as Vice President of Global Strategy and Operations, and as Vice President and Managing Director of Asia Pacific (APAC). She brings to Terrascope 20 years of experience managing teams and leading international businesses with a robust track record in leading high growth mobile, data and commerce businesses.
“I’m thrilled to be joining one of the most promising climate-tech ventures today. Terrascope addresses a very real problem many companies face in their climate action strategies. While a growing number are commendably committing to net zero, most
Press release
8th Apr, 2022
Olam Group publishes its 2021 Annual Report: “Transforming to serve a changing world”
Singapore
Leading global food and agri-business, Olam Group Limited (“Olam Group” or together with its subsidiaries “the Group”), has published its 2021 Annual Report, which details its financial and non-financial achievements across three comprehensive components: Strategy Report, Governance Report and Financial Report.
The Annual Report sets out progress and updates from the Group during 2021 including:
The Group’s strongest financial performance since inception with revenue up 31.2% to S$47.0 billion, EBIT up 33.0% to S$1.4 billion and PATMI up 179.4% to S$686.4 million;
Significant progress in the Group’s Re-organisation journey, with the completion and carve-out into three distinct operating groups – ofi (Olam Food Ingredients), Olam Agri and the Remaining Businesses of Olam Group (“Remaining Olam Group”) – to form a new group structure1 that will allow it to explore the sequential sale, spin-off or IPO of ofi, Olam Agri and potentially the other businesses of the remai
News
22nd Nov, 2021
Congolaise Industrielle des Bois (CIB) inaugurates 3rd timber processing unit in Republic of Congo
Congolaise Industrielle des Bois (CIB) recently inaugurated its 3rd processing unit in the presence of the Ministry of Forest Economy (MEF), Republic of Congo, Her Excellency Mrs Rosalie Matondo.
CIB continues to remain committed to maximising the value addition at source and supporting the local economy through job creation in the industry and ecological and social programmes. The Enyelle timber processing unit is a giant leap forward with its state-of-the-art manufacturing line, making it one of the most modern processing units in the Republic of Congo and West Africa.
Built on an area of 46,000 m2, the first phase of the processing line will produce around 1,500 M3 of finished products per month. The automated line boasts modern equipment, including a customised opticut machine which guarantees the maximum recovery of defect-free products. The project's second phase is expected to finish by the first quarter of 2022, scaling up the monthly production to 2,500 M3. The processing un
Blog
25th Jan, 2022
Home Maker To Home Builder – The Journey Of Women Building Houses In The Republic Of Congo
For 23 women from the village of Pokola, in Republic of Congo, this year's International Women's Day will be remembered as the beginning of an unprecedented journey. They committed themselves towards a livelihood they could never otherwise have imagined – and along the way, educating their husbands, families and future co-workers on equality and empowerment.
Launched on March 8, 2021, Project MaC - 'Menagere a Constructrice' or 'Home Maker to Home Builder' allowed women in the north of the Republic of Congo to develop skills for constructing wooden houses, enabling them to secure roles with Congolaise Industrielle des Bois. The success of this project paved the way to launch the second edition on August 8, 2021. It was a moment of rejoicing for CIB, seeing the 23 women from the first edition graduate and welcoming the new batch of 20 women for the second edition.
From 1968 until six months ago, forestry, wood and wood products operations were filled mainly by male workers at Congol
