Hargy Oil Palms Limited (HOPL) was incorporated in 1976 and is wholly owned by SIPEF, a Belgium company headquartered at Kasteel Calesberg, Calesbergdreef 5, Schoten.
HOPL is a major grower and producer of Fresh Fruit Bunches (FFB) in Papua New Guinea. It has 6 oil palm plantations regrouped under three estates, together with over 3 700 independent smallholder plantations that supply its oil palm mills on a regular basis. Crop production is organised under a nucleus estate model, with three mill processing facilities for the FFB. An approximate total of 60 percent of FFB is produced by HOPL whilst a further 40 percent is produced by independent smallholders. Their livelihood is sustained through this activity. Within 20 hours of harvesting, the FFB are loaded onto trucks and transported to the nearest mill for oil extraction. This process is crucial for ensuring production of premium quality oil that is in demand for export to the European market. Palm oil exported by the company is always in demand due to compliance with the stringent rules of the Roundtable on Sustainable Palm Oil (RSPO) and criteria which govern its plantation business. This process therefore guarantees consistent demand from customers who are willing to pay a premium price.