For week ending May 03, 2007

UCAP Cocohouse in May Slated
New PCOPA Officers for 2007/08
Chemrez to Supply Bulk of Philippine Coco Methyl Ester Needs
Organic Coconut Sugar Now Available
Philippine National Standard for Lambanog in the Works
Philippine Import of Oilseeds Down in 2006
Sri Lanka Desiccated Coconut Export Up in December 2006
Ecopetrol, Colombia Palm Oil Producers Venture into Biodiesel
Danisco Unveils New Emulsifier for Trans-Free Oils/Fats Products

UCAP COCOHOUSE LUNCHEON IN MAY SLATED

       This month’s Cocohouse event takes place noontime on Wednesday, May 16, 2007 at the Redwood and Sycamore function rooms of the Richmonde Hotel, San Miguel Avenue corner Lourdes St., Ortigas Center, Pasig City. Agriculture Secretary Arthur C. Yap will be the guest speaker. Members are requested to confirm attendance beforehand for headcount purposes.

NEW PCOPA OFFICERS FOR 2007/08

       The Philippine Coconut Oil Producers Association (PCOPA) at their meeting today, May 03, elected the following officers: Chairman - Danilo M. Coronacion, CIIF Oil Mills; President - Efren G. Barlisan, Cargill Philippines; Vice-President - Efren Y. Wee, Philippine International Development Corp.; Treasurer - Kelvin C. Tantuco, Tantuco Enterprises; Secretary - Gregorio L. Ellescas, San Miguel Agribusiness.

       Apart from the five officers above who are also directors, the following were elected directors of the organization: Raymond Co, Samar Coco Products; Victor Cosay, Cosay & Co.; Renato Gamboa, International Oil Factory; George Gemzon, Poms Ventures Corp.; Napoleon C. Ibarrola, Bicol Oil Mills and Refinery Corp.; Arnold Lim, Jr., Third Millennium Oil Mills, Inc.; Edgardo D. Santos, CIIF Oil Mills; Aibe Tan, Globe Coco Products; Reynald C. Uy, Dumaguete Coconut Mills; Victor Lu Ym, Lu Do & Lu Ym Corp.

       Mr. Santos was designated chairman of PCOPA International Affairs Committee; Mr. Barlisan, Technical Committee; Mr. Ellescas, Rules Committee; while Mr. Wee remains PCOPA advisor to NIOP (National Institute of Oilseed Products).

CHEMREZ TO SUPPLY BULK OF PHILIPPINE COCO METHYL ESTER NEEDS

       Chemrez Technologies Inc., the country’s largest producer of coco-biodiesel is set to supply a big chunk of the CME (coco-methyl ester) requirement of local petroleum oil companies on implementation of the Philippine Biofuels Act of 2006 starting on May 6. Sources say the company will ship more than six million liters of the alternative fuel to Petron, Shell, Chevron, Total and other petroleum firms beginning the second quarter of this year. Chevron and Total will source 100 percent of their CME needs from Chemrez while Petron, the largest oil refiner in the country will buy two-thirds of their requirements also from Chemrez.

       The Biofuels Law calls for the mandatory blending of locally sourced biodiesel and ethanol into engine fuel. The measure is expected to lessen the country’s dependence on imported fuel and increase dollar savings as well as improve air quality. Some of the oil firms were earlier apprehensive to comply with the Biofuels Law because of various concerns ranging from financial to technical and logistical issues but later agreed.

       For instance, Petron Corporation declared the company is prepared to implement the landmark legislation by May 6. Khalid Al Faddagh, Petron president said the company had placed all the necessary “logistics” for the implementation of the one percent coco methyl ester blend for diesel, adding that a nationwide compliance might take a longer time. There may be gradual phase out until all the logistics systems are in place. The company earlier approved a budget of P57 million as part of preparations to comply with the Biofuels Law.

ORGANIC COCONUT SUGAR NOW AVAILABLE

       Coco Natura is the brand name of an all natural and organic coconut sweetener (coconut sugar) now available on the market exclusively at all Café Breton branches. It is a nutrient rich, high-value, all natural, healthy food product harvested from the sap of organically grown coconuts in the Southern Philippines. It is by far the only nutritious sweetener rich in vitamins and minerals and with low glycemic index, much lower than honey, recommended for diabetics.

       It can be used as sweetener for coffee, tea, or any beverage; as a balancing agent; a flavor enhancer for cakes, pastries and even curries and robust sauces. Many patisseries will find Coco Natura’s rich caramel taste and distinctive aroma, perfect for their concoctions. It is the best alternative for sugarcane-based sweeteners. It is made up of 100 percent coconut sap sugar, so it is all natural, BFAD approved. Coco Natura organic coconut sweetener is manufactured by Spythe Global Enterprises and exclusively distributed and marketed by Coco Natura Marketing. To order and for additional information contact: coco_natura@yahoo.com.ph; natura.coco@gmail.com.

PHILIPPINE NATIONAL STANDARD FOR LAMBANOG IN THE WORKS

       Department of Trade and Industry (DTI-Quezon) provincial director Marcelina S. Alcantara reports a technical working group (TWG) for local Lambanog is now drafting the Philippine National Standard (PNS) for coconut lambanog that would be called the PNS for Distilled Fermented Coconut Sap. She said the new name for lambanog (distilled fermented coconut sap) would provide for a “common language on the clarification, general requirements, essential composition and quality factors, packaging, hygiene and labeling system.”

       The standardization project was started through the initiative of Tayabas, Quezon local government unit and the DTI-Region 4 as represented by DTI Quezon provincial office in cooperation with the Department of Agriculture which created an interagency TWG composed of the Bureau of Agriculture and Fisheries Product Standards, Bureau of Food and Drugs, Philippine Coconut Authority, Industrial Technology Development Institute, Bureau of Products Standard, DTI-Quezon, LGU-Tayabas and representatives from Quezon coconut “lambanog” industry.

PHILIPPINE IMPORT OF OILSEEDS DOWN IN 2006

       Data from the National Statistics Office show the Philippines imported a total of 185,783 MT of various oilseeds during the year. The volume dropped significantly by 22.1% from 238,623 MT in a similar period year-ago. Soybean, the top import during the year stood at 108,003 MT, cutting by 26.8% prior year uptake at 147,503 MT. In contrast, second biggest import, groundnuts, increased appreciably by 35.9% at 50,906 MT from 37,468 MT. Copra took the third spot at 21,148 MT, a slump by 55.3% from 47,351 MT.

SRI LANKA DESICCATED COCONUT EXPORT UP IN DECEMBER 2006

       Figures from Sri Lanka’s Coconut Development Authority show the country’s export of desiccated coconut in December 2006 soared by 54.5% to 3,802 MT from 2,461 MT in the same month year-ago. Average traded price during the month was USD915/MT FOB, a moderate drop by 12.9% from year-ago at USD1,051/MT FOB. Total export in January-December 2006 stood at 41,635 MT, a jump by 25% when compared with similar period year-ago at 33,377 MT.

       Export during the month went to some 38 various countries of the world led by UAR/Egypt which cornered 738 MT or 19.4% of aggregate. Other big buyers were UAE/Dubai at 309 MT, Turkey at 308 MT, Netherlands at 306 MT, Saudi Arabia at 215 MT, Germany at 202 MT, Spain at 175 MT, France at 168 MT, Portugal at 154, Pakistan 148 MT, Syria at 146 MT, Greece 110 MT and South Africa at 100 MT whose combined market share was 61.6%. The remaining 25 other countries accounted for 723 or 19% and had uptake ranging from a low of 5 MT to a high of 84 MT.

ECOPETROL, COLOMBIA PALM OIL PRODUCERS VENTURE INTO BIODIESEL

       Palm oil producers in Colombia and Ecopetrol, the country’s state oil company have formed a joint venture on biodiesel. Under the venture, dubbed Ecodiesel Colombia, Ecopetrol and the palm oil producers each will control 50%. The palm oil producers comprised of Extractora Central, Palmas Oleaginosas Bucarelia, Extractora Monterrey, Oleaginosas Las Brisas, Palmeras Puerto Wilches, Palmas del Cesar and Agroince.

       The Ecodiesel Colombia biodiesel plant initially will have a capacity of 2,000b/d and will cost US$23 million, to be built in Barrancabermeja department. The plant’s biodiesel output and the diesel produced at Ecopetrol’s Barrancabermeja refinery will help reduce sulfur content close to 2% and particulate emissions roughly 5%, the company statement said.

DANISCO UNVEILS NEW EMULSIFIER FOR TRANS-FREE OILS/FATS PRODUCTS

       Danisco has introduced a new emulsifier on the European market to help in efforts towards hydrogenation-free oils and fats products. The product, known as Dimodan NH Distilled Monoglyceride, is aimed at food products such as margarine, low fat spreads and industrial margarines. The company claimed the emulsifier provides “good spreadability, texture and stability and in case of industrial margarine, cakes with right volume and crumb structure”. Since hydrogenation has not been used, the emulsifier does not contain the harmful trans fats.