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For week ending May 29, 2008 |
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ALL SET FOR THE 7TH ANNUAL UCAP BOWLING TOURNAMENT
It’s all systems go for the tournament which starts on Wednesday next week, June 04, 2008 at the SM Bowling Center, SM Megamall, Mandaluyong City, Metro Manila. The tournament is sponsored by Cargill Philippines, CIIF Oil Mills, Intertek Testing Services, Pilipinas Kao, and United Coconut Planters Bank. Trophies will be given out to the top bowlers/teams and winners of special awards. Nine teams will challenge the 6-year champion, United Coconut Planters Bank team. These are as follows: Cargill Philippines, CIIF Oil Mills, Dumaguete Coconut Mills, Interasia Marine Transport, Intertek Testing Services Phils., Pilipinas Kao, Raco-Transeaboard Shipping Services, Sakamoto Orient Chemicals Corp., and Mixed Nuts (EU Sons Trading, Iligan Bay Milling and Trading, Mitsubishi Corp.Living Essentials, Pacific Royal Basic Foods). PHILIPPINE COCO PRODUCTS EXPORT UP IN APRILPreliminary data from UCAP reveal export of Philippine coconut products in April this year rose 13.4% year-on-year to 193,763 MT copra terms from 170,941 MT. Of major exports, only desiccated coconut showed reduced shipment while the rest achieved double-digit increases from respective year-ago levels. Coconut oil hiked 18.9% to 108,771 MT from 91,515 MT, copra meal shot up 57.7% to 32,841 MT from 20,822 MT, oleochemical leaped 42.2% to 10,052 MT from 7,067 MT; while desiccated coconut shrank 40.6% to 7,153 MT from 12,038 MT. Cumulative January-April 2008 figure at 644,126 MT copra terms soared 53.2% from 420,534 MT at the same time last year. Breakdown is as follows, in MT: coconut oil 349,922 (203,265 year-ago), copra meal 156,884 (86,131), desiccated coconut 31,243 (43,249), oleochemical as copra 40,390 (31,025). DESTINATIONS OF COCONUT OIL, COPRA MEAL EXPORTS IN APRILOne-half (50.1%) or 54,450 MT of total export in April was destined for Europe. The United States took in 28.3% or 30,811 MT while China handled 15.6% or 16,960 MT. Other markets such as India and Japan were responsible for 4,000 MT and 2,550 MT, respectively. Korea remained the leading buyer of Philippine copra meal accounting for 71.2% or 23,381 MT of total delivery. Similarly, Vietnam remained the second biggest importer with 5,694 MT or 17.3%, tracked by Japan with 3,500 MT (10.7%) and New Zealand 266 MT (0.8%). PCARRD-DOST URGES TO ADOPT MAKAPUNO EMBRYO CULTURE TECHNOLOGYLocal scientists are encouraging investors to adopt the makapuno embryo culture technology to mass produce makapuno and meet the growing demand both in the domestic and foreign market. Former Philippine Coconut Authority (PCA) Tissue Culture Division chief, Erlinda Rillo said that at present, embryo culture technology is the “only way to mass produce true-to-type makapuno palms”. She said that locally, there is supply deficiency of around 4,000 MT of makapuno meat annually. She cited Region 4A where demand for makapuno amounts to around 1,183 MT versus supply in the region of only close to 85 MT. In Metro Manila, demand is about 1,327 MT but has no supply. In the export market, makapuno was 9h top non-traditional export in 2007 based on revenue generation, following after glycerin, virgin coconut oil, shampoo, coconut milk powder, nata de coco, toilet/bath soap, liquid coconut milk, coco handicrafts. Export at 900 MT was valued USD1.697 million. US, Canada and United Arab Emirates were top three markets responsible for 40.7%, 11.9% and 10.1%, respectively of total volume. Other destinations were Saudi Arabia, Qatar, Australia, Netherlands, Italy. Makapuno is used in the local market mainly for pastries and ice cream production. Other industries where the potential of makapuno is being tapped are in the pharmaceuticals, medical, and personal care products. The Department of Science and Technology’s Philippine Council for Agriculture, Forestry and Natural Resources Research and Development (PCARRD-DoST), PCARRD had funded the establishment of a Makapuno Development and Commercialization Program, in which six makapuno embryo culture laboratories were established all over the country. DEMAND FOR VEGOILS TO REMAIN TIGHT - DORAB MISTRYDorab Mistry, director of Godrej International said world demand for vegetable oils is set to remain tight over the coming years even from the booming palm oil industry. At the FO Licht World Biofuels 2008 conference in Seville, he mentioned that it was the traditional food and oleochemicals demand for vegetable oils that was driving demand, rather than biofuels. He explained that booming economic and population growth in major developing markets such as China, India, Russia, Brazil and Mexico is expanding vegetable oil demand at about 4 million tons a year, whereas biodiesel expansion is proceeding at a more modest pace, pushing up vegetable oil demand by between 1 million to 2 million tons annually. In the next five years or so, the world must prepare to produce an additional 25 million tons of vegetable oil, he added. He noted that the capacity to increase oilseed area in the case of high oil bearing seeds such as rapeseed and sunflower is severely limited. “The biggest and most sustained increase in vegetable oil production has come from palm oil over the last 10 years but increased pressure from NGOs has limited the pace of expansion in Indonesia while Malaysian appears to have reached the limits to growth in area”, said Mistry. While the industry could overcome supply constraints, he warned it would not be easy in the current climate, adding that new technology and genetically modified seeds will be necessary to increase yield and output. ARGENTINE SCIENTISTS DEVELOP “HEALTHFUL HAMBURGER”Scientists at Argentina’s University of La Plata have developed a “healthy hamburger” free of saturated fats. The healthy hamburger already passed the yummy test with 40 children and adults who tried it and compared its flavor, texture and quality to that conventional hamburger. The new burgers prepared in the laboratory are made from top-quality lean beef with marine and vegetable oils such as high oleic sunflower oil. Alicia Califano, a member of the Research and Development Center for Food Cryogenic Technology at the University of La Plata in charge of the project said that trials have all been done to guarantee the successful mass manufacture and marketing of the product, which will cost between 25 to 40 percent more than ordinary hamburgers. The scientists are also studying ways to develop sausages from lean beef and chicken with processes similar to those used to make the healthy hamburger. UNILEVER TO PURCHASE ONLY SUSTAINABLY SOURCED PALM OILUnilever has pledged to buy only certified sustainable palm oil beginning the second half of this year. It also said it would ensure the palm oil used in Europe was also certified as sustainable by 2012. Unilever Chief Executive Patrick Cescau said in a statement, “Suppliers need to move to meet the criteria, by getting certified both the palm oil from their own plantations and the palm oil they buy from elsewhere”. The company called for a moratorium on deforestation in Indonesia in support for the company’s pledge. Environmental group Greenpeace echoed this call as it urged the country’s palm oil plantations to use sustainable forest management methods and stop expanding into peatland forests. CANADA’S LEGISLATION ON RENEWABLE FUEL WINS SUPPORTA proposed legislation requiring the use of renewable fuels won support in the House of Commons recently though still must go through final vote before going through the Senate. The bill calls for petroleum used in the country to contain 5% ethanol by 2010. It also calls for diesel to contain 2% renewable fuels by 2012. The mandate would create demand for an estimated 2 billion liters of ethanol and 600 million liters of biodiesel. The Conservative government has also provided biofuel producers with subsidies of US$1.47 billion in an effort to ensure the mandate is filled with biofuel made from Canadian crops. Canada has 16 ethanol plants using maize and wheat built or under construction with total capacity of 1.6 billion liters, industry data reveals. There are presently three biodiesel plants with combined capacity of 97 million liters, mainly using animal fats. A biodiesel plant with production capacity of 225 million liters from rapeseed oil is under construction in Alberta. McDONALD’S TO COMPLETELY SWITCH TO TRANS FAT-FREE OIL BY YEAR ENDMcDonald’s Corp. announced all its U.S. restaurants will be cooking with oil that is free of trans fats by the end of this year. Industry experts and health advocates, however, noted that the yearend target, the most specific timetable the company has provided so far, is later than they anticipated. It will be recalled that the company was among the first to announce plans to shift to healthier oil in 2002. The switch represents a huge challenge for McDonald’s which uses more than 75 million pounds of oil each year to cook its French fries and chicken nuggets. PASEO-CARGILL BIODIESEL FACILITY NOW OPERATIONALThe Paseo-Cargill Energy biodiesel facility in Kansas City has started producing biodiesel since early April this year and has successfully completed all of the requirements to meet the testing standards for its provisional BQ9000 Accredited Producer certification, the company announced recently. The facility, which is a 40-million gallon per year biodiesel facility with an integrated glycerin refinery, is a joint venture between Paseo Biofuels, Cargill, and the Missouri Soybean Association. Cargill is providing operational, commercial and administrative services to the joint venture. |