SRC

In Liberia, the SRC (Salala Rubber Corporation) plantation is a model partnership with smallholders.

The Salala Rubber Corporation (SRC) plantation was started in 1959 and the Weala Rubber Company (WRC) factory began operating in 1962. However, the civil wars of the 1990s and early 2000s sounded the death knell for the rubber sector. SRC’s premises were looted and the WRC factory was destroyed.

In 2007, Agrifinal was created from a merger between Weala’s factory and Salala’s plantation. The Socfin Group then acquired the Salala Rubber Corporation (SRC) and undertook investments to optimise the plantation and improve the social infrastructure (houses, schools, medical dispensaries, etc.).

SRC’s rubber comes from its own plantation, but also from smallholders in the nearby villages. Since 2011, the raw material provided by the smallholders combined with that of the Salala plantation has unfortunately not been enough to keep the Weala production equipment operating. The factory has therefore been shut down and all output is sent to the LAC factory 150 km southeast of Salala. Since then, the plantations have been extended to 6 000 hectares of mature rubber trees.

As Liberia’s exports are based almost entirely on rubber, many growers are trying to restore their plantations in order to give the sector a fresh boost.


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