Since 2007, Precious Woods has held majority shares in the companies Compagnie Equatoriale des Bois CEB and Tropical Gabon Industrie TGI in the Central African country of Gabon.
Precious Woods - CEB was the first company in Gabon operating according to the principles of certified and sustainable forestry. As in Brazil, Precious Woods plays a pioneering role in this regard in Gabon. The company developed the first comprehensive management plan for forestry in Central Africa, which also influenced the national forestry legislation. Under Gabonese law, the forest must now be managed according to sustainable principles.
In mid-October 2008, Precious Woods - CEB was the first company in Gabon to receive the certificate of the Forest Stewardship Council (FSC), which guarantees sustainable forest management. Precious Woods - TGI followed in 2009. Since 2018, both companies are also certified across their entire production chain according to the guidelines of the Programme for the Endorsement of Forest Certification (PEFC).
Both companies are based in Libreville and employ around 900 people. The employees of Precious Woods - CEB and their families are provided with local housing, electricity, drinking water, shopping opportunities, basic health services, and leisure activities. The local communities also receive financial contributions according to the amount of harvested timber. Delegates of the communities represent the population’s needs and develop projects that are then supported by Precious Woods.
In East Gabon, Precious Woods - CEB manages a concession area of 596 800 hectares, where it harvests about 240 000 cubic metres of logs each year. At the same location, Precious Woods Gabon - CEB operates three sawmills, which have been further expanded since 2011. In Owendo, near Libreville, Precious Woods Gabon - TGI operates its own veneer plant for the production of certified rotary veneer.
Precious Woods holds a 49% stake in the company Compagnie des Placages de la Lowé (CPL) in Gabon. CPL operates two veneer plants in Libreville and Owendo, near Libreville, and was formed in 2020 from the merger of Precious Woods' veneer plant TGI with the veneer factory PDG.
Headquarters and sawmills CEB: to Google Maps »
Headquarters CPL and factory CPL 1 (ex-TGI): to Google Maps »
Factory CPL 2 (ex-PDG): to Google Maps »
Precious Woods Gabon
Compagnie Equatoriale des Bois S.A., P.O. Box 2262, Rue Kringer Renjombé, Quartier Batterie IV, GA - Libreville
Precious Woods Gabon
Tropical Gabon Industrie S.A., P.O. Box 993, Quartier Akournan II, GA - Owendo
Phone +241 011 70 06 86, Fax +241 011 70 56 51
Compagnie des Placages de la Lowé, P.O. Box 8877, GA - Libreville
The operational activities of Precious Woods Europe B.V. were gradually taken over by Precious Woods Holding Ltd. over the course of the 2014 fiscal year. Our clients in the Benelux countries continue to be taken care of by their accustomed sales team, and the products are shipped directly from Brazil. In the Netherlands, only a small stock in sawn timber is maintained.
Precious Woods Holding Ltd, Untermüli 6, Switzerland-6300 Zug
Phone +41 41 726 13 13, Fax +41 41 726 13 19, firstname.lastname@example.org