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Timber factory in the Republic of Gabon

Midstream

Olam has two mid-stream operations – in the Republic of Congo under our subsidiary Congolaise Industrielle des Bois (CIB), and in Myanmar under our subsidiary Concorde Industries Limited (CIL).

 CIB summary

  • Wood sourced from Olam-managed concessions
  • Export of round logs: about 15% per year
  • Processing of round logs into sawn timber (air dried and/or kiln dried) or finished products (moulding, decking, wooden houses and furniture)

 CIL summary

  • We purchase selectively from the Myanmar Timber Enterprise (MTE) so that our logs are traceable to the forest of origin
  • Processing of round logs into sawn timber (air dried and/or kiln dried) or finished products (moulding, decking and furniture)