Independence Contract Drilling, Inc. (ICD)

Socfinaf S.A. is a Luxembourg-headquartered holding company primarily engaged in the cultivation, production, processing, and sale of palm oil and rubber through its subsidiaries. Operating extensive plantations across West and Central Africa, including Côte d'Ivoire, Cameroon, Nigeria, Liberia, Sierra Leone, Ghana, Congo, and São Tomé and Príncipe, the company manages 133,537 hectares of land, with 90,854 hectares dedicated to palm oil yielding 381 thousand tons in 2024 and 42,683 hectares for rubber producing 150.8 thousand tons. Palm oil constitutes 59.6% of its activities, rubber 39.2%, and other segments 1.2%, generating net sales of approximately 591 million euros from 24,395 employees. Geographically, sales are led by Côte d'Ivoire (32.5%) and Cameroon (32.3%). As a subsidiary of Société Financière des Caoutchoucs, Socfinaf S.A. plays a significant role in the global agro-industrial sector, focusing on tropical commodities essential for food, industrial, and consumer products markets. Founded in 1890 and rebranded in 2011, it emphasizes sustainable plantation management in the fishing and farming industry.