For week ending Apr. 16, 2009 |
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PHILIPPINE BIODIESEL MANUFACTURERS
ASSOCIATION OFFICERS
The Philippine Biodiesel Manufacturers Association (PBMA) recently elected the following officers for the current year: President - Mr. Jose Ermelo S. Santos (Senbel Fine Chemicals); Vice President - Mr. Romulo Awayan (Rasza Agro Produce Corp.); Treasurer - Ms. Eleanor Tantuco (Pure Essence Int?l Inc.); Secretary - Ms. Katrina Tolentino (Lipitech Inc.). Other members of PBMA are: Chemrez Technologies, Inc. represented by Mr. Alvin D. Lao; Romtron Philippines, Ms. Jenebeth P. Cunanan; Freyvonne Milling Services, Mr. Antonio Sanglay; Golden Asian Oil International, Mr. Alexander Tantuco; Mt. Holly Coco Industrial Co., Mr. Darryl T. Co.; Bioenergy Corporation, Mr. Sandy Santos; Tantuco Enterprises, Mr. Edison Tantuco. The Association?s office is located at 20/F Richville Corporate Tower, 1107 Alabang-Zapote Road, Madrigal Business Park, Alabang, Muntinlupa City, Tel.: (632) 809-6101 to 02; Fax: (632) 809-6116. JAPANESE INVESTOR TO VENTURE IN SUNFLOWER OIL BIOFUEL IN THE PHILIPPINESMerly M. Cruz, undersecretary, Regional Operations Development Group, Department of Trade and Industry told reporters recently that a Japanese firm is looking at leasing up to 50,000 hectares in the Philippines to grow and process sunflowers into cooking oil and biofuel. Sun Care Fuels Corp. has begun test operations on a three-hectare plot within a university in Mindanao. The firm has chosen to go into sunflower oil for biofuel as the crop, which emits nitrogen into the soil, is suitable for rotation planting and ensures that the soil remains fertile. The Manila based office of Japan External Trade Organization (JETRO) said Japanese investments in the country would more likely come into the agriculture sector this year as automotive and electronics firms have been hurt by the economic downturn. SENATOR FILES BILL FOR BIOTECHNOLOGY CENTERSenator Edgardo Angara, Senate Committee on Science and Technology chairman, has filed Senate Bill 3139, which allows the total research and development (R&D) cost and prices of shares of stocks in biotechnology companies as tax deductible. The bill seeks to propel the biotechnology industry in the country by offering the private sector incentives to invest in biotechnology R&D and building a biotechnology center. Through the bill, a Philippine Bio-industry Research and Development Center would be established to promote availability of suitable, innovative and competitive bio-based technologies. He observed the 21st century is the biotech century, noting the early years would pave way for convergence of agriculture and medicine with pharmaceuticals being produced by genetically engineered plants and the greater acceptance of herbal medicine. In 1979, the Philippine government invested in biotechnology with the establishment of the National Institute of Biotechnology and Microbiology, now known as the National Institute of Molecular Biology and Biotechnology, at the University of the Philippines Los Ba?os. The Department of Agriculture organized its leading research centers, the Philippine Rice Research Institute, Philippine Carabao Center, and National Fisheries Research Institute into a network of biotechnology research centers for crops, livestock and aquatic resources, respectively. However, Sen. Angara said these investments have not sufficiently fostered the growth of biotechnology industry because of lack of policies to support research and turning them into marketable products, support for startup companies, and other incentives for industry to develop/adopt new technologies. US IMPORT OF LAURIC OIL UP SHARPLY IN JANUARYFigures from USDA show United States import of lauric oil in January this year was up by 15.8% to 83,567 MT from 72,143 MT at the same time year-ago. The increase was due to the massive rise in palm kernel oil uptake by 61.6% to 40,450 MT from 25,037 MT year-ago. However, despite a decline, coconut oil still accounted for a bigger share of 51.6% or 43,117 MT (47,106 MT in the prior year). Palm kernel oil represented 48.4%. Bulk of lauric oil supply amounting to 45.0% came from Malaysia at 37,595 MT (20,158 MT) which consisted of palm kernel oil at 32,658 MT (20,037 MT) and coconut oil at 4,937 MT (121 MT). Shipment from Indonesia at 34,174 MT was made up of coconut oil at 26,382 MT (7,002 MT) and palm kernel oil at 7,792 MT (5,000 MT) and contributed 40.9%. Delivery from the Philippines of 11,798 MT (39,983 MT) of coconut oil shared 14.1%. KENYA TO DEVELOP ITS COCONUT SECTORJonathan Sulubu, managing director of state corporation Kenya Coconut Development Authority (KCDA) said the Government of Kenya has drafted a four year strategic plan to be launched next month to turn coconut into a commercial crop. The Authority, created in 2007, will also put into place the legal framework to regulate the industry, he added. KCDA will use the research findings of the survey carried out by the Institution Development and Management Services (IDM) and involve the private sector in turning around the coconut sector. He explained that they have already started negotiating with financial institutions which is expected to play a key role in reviving the industry. IDM survey shows the population of coconut trees in the country stands at 7.4 million. Taking all products into consideration, the value of the coconut sub-sector at the farm level is estimated to be $40 million. The research also revealed that with the current population of trees and current growth trends in the sub-sector, there are indications that it has a potential to earn $280 million. However, the industry is faced with market challenges related to low prices and large fluctuations during peak production period. OMEGA-3 FATTY ACIDS REDUCE RISK OF ADVANCED PROSTATE CANCER - STUDYA study led by John S. Witte, Ph.D., professor of epidemiology and biostatistics at the University of California San Francisco, found that omega-3 fatty acids appear protective against advanced prostate cancer, and this effect may be modified by a genetic variant in the COX-2 gene. The report was published in Clinical Cancer Research, a journal of the American Association of Cancer Research. According to Witte, previous research has shown protection against prostate cancer, but this is one of the first studies to show protection against advanced prostate cancer and interaction with COX-2. In the study, researchers performed a case-control analysis of 466 men diagnosed with aggressive prostate cancer and 478 healthy men. Diet was assessed by a food frequency questionnaire and researchers genotyped nine COX-2 single nucleotide polymorphisms. Researchers divided omega-3 fatty acid intake into four groups based on quartiles of intake. Men who consumed the highest amount of long chain omega-3 fatty acids had 63 percent reduced risk of aggressive prostate cancer compared to men with the lowest amount of long chain omega-3 fatty acids. The researchers then assessed the effect of omega-3 fatty acid among men with the variant rs4647310 in COX-2, a known inflammatory gene. Men with low long chain omega-3 fatty acid intake and this variant had a more than five-fold increased risk of advanced prostate cancer. But men with high intake of omega-3 fatty acids had a substantially reduced risk, even if they carried the COX-2 variant. Witte said the COX-2 increased risk of disease was essentially reversed by increasing omega-3 fatty acid intake by a half a gram per day. Overall inverse associations in terms of fish, where omega-3 fatty acids are commonly derived, the strongest effect was seen from eating dark fish such as salmon one or more times per week. CHINA?S SOYBEAN IMPORTS TO RISE FURTHERThe China National Grain and Oils Information Center (CNGOIC) in its latest report says the country?s soybean import will continue to rise following expectations that the lower soybean prices would boost demand from domestic processing plants in the following several weeks. The report predicts China?s soybean import to reach 3.8-4.0 million tons in April. Since imported soybean can bring better profits than the domestic soybean, Chinese processing companies are still active in soybean importing despite the drop of domestic soybean prices in the past two weeks. CNGOIC forecasts that more processing plants in coastal areas will start production in April with increasing soybean import, which may lead to oversupply of soya meal and thus drag down its prices. BOEING, AIRBUS TO STICK TO BIOFUEL PLANSBoeing Co. and Airbus say they are pushing ahead with plans to develop planes that run on eco-friendly biofuels despite economic crunch. However, the firms are not planning on making their own alternative fuels but are working with ethanol and other biofuel producers to make planes ready for the new technologies in the coming decades. The sharp drop in oil prices since the start of the global recession and plummeting passenger numbers are not enough reasons to diminish efforts in research and development, Christian Dumas, vice president for sustainable development at the Toulouse, France-based Airbus said, adding that the airline industry has to think long-term because an aircrafts? life span is typically 30 to 35 years. Boeing has already made several successful test flights using plant-based oils that Bill Glover, the Chicago-based plane maker?s environment chief, says are as good as or better than normal jet fuel. Even if oil has fallen to $50 a barrel from over $100 a year ago, fuel remains the biggest cost for airlines and it makes sense to continue investing for the future. Glover added that airlines do not have much leverage to negotiate prices with major petroleum companies. The biofuels industry is much smaller and could provide airlines with an opportunity for tailored rates as they play a bigger part in determining demand. Boeing expects biofuels to be certified for regular use in three to five years and predicted that most airlines would use it in some planes by 2015.
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