For week ending Feb. 26, 2009 |
|
|
Tantuco Enterprises Inc., a Filipino-owned company is investing P460.775 million to make biofuel using copra as primary raw material in Tayabas, Quezon. The Board of Investments has approved the project?s registration with incentives since it is listed in the 2008 Investment Priorities Plan under the heading ?Agriculture/Agribusiness and Fishery including the commercial processing of agricultural products and their by-products and wastes?. The facility will utilize an integrated processing system, the first stage involving the crushing of copra to crude coconut oil with copra cake as immediate by-product. This is followed by refining of the crude oil and then esterification of low acid oil to produce coco-methyl ester with glycerin as by-product. Meanwhile, the company will continue its current business of producing coconut oil-based products like crude coconut oil; refined, bleached and deodorized coconut oil, as well as lard, shortening and margarine under the brand name Exora. The new project will complement this existing operation and in turn spur further demand for copra and other derivatives. The biofuel project is expected to start commercial operations this month employing 48 workers. PHILIPPINE GOVERNMENT ALLOCATES P3 BILLION FOR COCONUT PROGRAMThe government has allocated P3.09 billion this year for coconut planting and fertilization under the National Coconut Productivity Program (NCCP) which aims to double coconut production from the current two million metric ton-level. The Philippine Coconut Authority (PCA) targets the planting of more coconut seedlings this year to 10 million coconut seedlings, substantially higher than the 7.87 million coconut seedlings planted last year, covering 100,000 hectares. The NCCP consists of a replanting program costing P350 million, a salt fertilization project costing P2.59 billion, an intercropping program worth P150 million. SRI LANKA DESICCATED COCONUT EXPORT SHARPLY UP IN NOVEMBER 2008Figures from Sri Lanka?s Coconut Development Authority show the country?s export of desiccated coconut rose by a hefty 53.1% to 4,290 MT in November 2008 from 2,802 MT in a similar month year-earlier. The shipment was worth USD6.343 million FOB, almost double the prior year at USD3.173 million. Average traded price during the month was USD1,479/MT FOB, up 30.6% from USD1,132/MT previously. Total export for January-November 2008 at 32,267 MT, however, still registered a substantial 24.8% shortfall from a comparable year-ago period figure at 42,899 MT. Export in November went to 43 countries. The top 12 importers held volumes above 100 MT and collectively accounted for 78.3% of total trade. Leading the pack was U.A.E/Dubai with 917 MT (21.4% share), followed far behind by UAR/Egypt with 386 MT (8.9%), France with 314 MT (7.3%), Pakistan with 284 MT (6.6%), Saudi Arabia with 278 MT (6.4%) and Spain with 249 MT (5.8%). The next six countries had market shares between 2.4% and 4.8% namely: Germany 205 MT, Portugal 178 MT, Turkey 165 MT, Syria 149 MT, Iran 127 MT, and Brazil 105 MT. The remaining 31 countries which aggregately bought 21.7% of total sales took in volume ranging from a low of 8 MT to a high of 98 MT. INDIAN VEGETABLE OIL IMPORT SETS RECORD IN JANUARYThe Solvent Extractors Association of India (SEAI) reports that the country imported 856,690 MT of edible oil in January, exceeding December total at 719,125 MT by 19.1% and topping by a sizable 87.2% previous year figure at 457,601 MT. The volume is the highest monthly data on record since the SEAI began tracking imports. The large increase in overseas edible oil purchases brought the first quarter total for the 2008/09 season, which began in November, to 2.094 million MT or almost double the volume recorded at the same time in previous season at 1.081 million MT. BV Mehta, executive director of the SEAI explained that the large import of vegetable oils in the first quarter was due to a sharp drop in the international prices and in anticipation of import duty by the Indian government. Crude palm oil remains the leading imported edible oil with 1.399 million MT delivered in the first quarter of the season, up from 934,887 MT previously. Increase in sunflower oil purchases was mainly due to government decision to impose 20% import duty on soya oil; as a result the two oils are now almost at parity in terms of volumes shipped in. Imports of sunflower oil in the quarter stood at 124,118 MT, compared with no imports at the same point of the 2007/08 year, while 2008/09 soya oil imports stood at 127,462 MT, up from 91,250 MT last season. MALAYSIAN B5 MANDATE TO BE IMPLEMENTED BY 2010Usage of the mandatory blending of five percent palm oil with diesel (B5) will be fully implemented by 2010, according to Datuk Peter Chin, minister of Plantation Industries and Commodities. The government has approved B5 in the local transport and industrial sectors and to be phased in to the domestic fuel market starting with government vehicles. The move is set to create demand for an additional 500,000 MT of palm oil locally which will be needed to produce palm diesel. ?By increasing demand, palm oil stocks will be used in Malaysia, at a time when uncertainty in the global markets has raised doubts about how export of palm oil will fare this year,? he said, adding that it is one of the measures that the ministry, together with agencies under its umbrella, has put into practice.The Malaysian Palm Oil Board (MPOB) and Malaysian Palm Oil Council (MPOC) both promote palm oil and its products overseas while also providing technical support and information about palm oil products. The ministry will continue to monitor developments of biodiesel in major markets overseas. MALAYSIA?S PALM OIL STORED ON SHIPSIndustry sources in Sabah, Malaysia?s top palm oil producing state, said ships were being used to store palm oil as the state does not have large enough storage facilities to cope with the large volumes despite lower exports and falling production. A new 600,000 MT storage facility which is owned by the Sabah state government under construction is facing delays and unlikely to be completed as scheduled. Reports say at least 300,000 MT of palm oil is being kept on board. Sabah state on the island of Borneo accounts for 35% of Malaysia?s total palm oil output and has between 400,000 MT and 500,000 MT of palm oil storage space. Stockpiles for the region are estimated to be between 500,000 MT and 750,000 MT every month. The majority of the palm oil currently on ships was loaded on in anticipation that it would be sold to China but the world?s top palm oil importer moderated its purchases following its Lunar New Year festivities and the majority of the vegetable oil volume remains unsold. The storage bottleneck is unlikely to be relieved until the end of the year when the storage facility is completed. NEW METHOD TO HYDROGENATE NATURAL OILS MINUS THE UNHEALTHY TRANS FATSChemists at University of California, Riverside, have designed a catalyst, a substance that accelerates a chemical reaction, that allows hydrogenated oils to be made while minimizing the production of trans fats. The researchers led by Francisco Zaera, a professor of chemistry, used platinum, a common catalyst for these processes. By controlling the shape of the platinum particles, the group was able to make the catalyst more selective. Catalytic selectivity refers to the ability of a catalyst to select a specific pathway from among many possible chemical reactions. In the case of the researcher?s experiments, selectivity refers to the production of partially hydrogenated fats without the making of trans fats. Zaera?s lab found that the platinum catalyst performed most selectively when its particles assumed tetrahedral shapes, with the atoms arranged in a hexagonal honeycomb lattice. Particles with these shapes allow for the preservation of the harmless cis configuration in the hydrogenated fats. Other lattices, the researchers found, favor the production of trans fats. Platinum catalysts such as those used by the Zaera group are considered heterogeneous because they exist in a different phase (solid) than the reactants (liquid or gas). Compared with homogeneous catalyst, where the catalysts is in the same phase (liquid) as the reactants, heterogeneous catalysts have the advantages of easy preparation, handling, separation from the reaction mixture, reuse, high stability, and low cost. Their main disadvantage though is that, unlike homogeneous catalysts, which tend to be molecular, heterogeneous catalysts must be dispersed as small particles in a high surface-area support in order to optimize their use. This typically results in catalysts with surfaces of ill-defined structures. The research by Zaera and his colleagues is a breakthrough because it shows for the first time that it is possible to achieve selectivity with heterogeneous catalysts like platinum by controlling the structure of their surfaces. Study results appeared online last week in Nature Materials.
|