Defunct, Peruvian state-owned oil palm company initiated activities in 1973 in the Tocache Province of San Martin Region. By the middle of the next decade, however, ENDEPALMA was losing money due to management inefficiencies, complicated by the worsening terrorism situation that then plagued the upper Huallaga Valley. The company eventually ceased to operate and was reorganized as Oleaginosas del Perú S.A (OLPESA)