Who owns the rubber industry in Ghana?

Dominating Ghana’s rubber industry is Ghana Rubber Estates Limited (GREL). The company is a rubber production firm that controls rubber plantations in the country, holding 98 percent of the domestic rubber market. GREL’s processing plant produces around 15 metric tonnes dry rubber content of rubber per annum.

Who is Ghana Rubber Estates Limited?

Ghana Rubber Estates Limited is the rubber production firm that controls rubber plantations in the country, currently holding 98 percent of the domestic rubber market. GREL positively impacts the Ghanaian economy through exports as well as taxes both directly and indirectly, employing 544 people, with an additional 3,149 employed by contractors.

When was rubber first introduced to Ghana?

Rubber was first introduced to Ghana in 1898 as an ornamental tree in a botanical garden in Aburi, near Accra. In 1930, some trial plantations were undertaken in the Western region and in the 1950s the first industrial plantation was set up there via a joint venture with a Danish company.

Who makes grel rubber?

The company is a rubber production firm that controls rubber plantations in the country, holding 98 percent of the domestic rubber market. GREL’s processing plant produces around 15 metric tonnes dry rubber content of rubber per annum. Rubber was first introduced to Ghana in 1898 as an ornamental tree in a botanical garden in Aburi, near Accra.

How did Ghana rehabilitate its rubber plantation?

However, the Ghana Government entered into a financing agreement with the then Caisse Francaise de Development, now Agence Francaise de Development, to rehabilitate and manage the company’s rubber plantation and to build a new rubber processing plant at Hapimenim.