Siat Nigeria Ltd (SNL) is a wholly owned subsidiary of Siat nv. At the end of 2011, SNL acquired from the Rivers State Government the assets of Risonpalm, which comprise 16,000 hectares of old oil palm plantations, plus the entire social and industrial infrastructure of such an industrial oil palm complex. Both the Ubima and Elele Estates are due for replanting over the next 10 years. SNL will replant these estate with both oil palm and rubber trees.
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