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For week ending Aug. 23, 2007 |
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6TH NATIONAL COCONUT FESTIVAL OPENS TODAY
The festival and exhibition of coconut products and by-products, which coincides with the 21st National Coconut Week celebration (August 24-30) was formally opened today at the Megatrade Hall 1, SM Megamall, August 23, 2007 and will run through to August 26, 2007. Secretary of Agriculture Arthur C. Yap was keynote speaker. In his speech, he pledged to address concerns about coconut production so that coconut producers and processors would have ample volume to process and trade and improve the share of coconut oil in the world market. Philippine Coconut Authority Administrator Oscar G. Garin in his welcome remarks explained the program of the agency to improve production particularly in the typhoon devastated areas and the measures being undertaken to eradicate the coconut pest Brontispa Longissima. The opening ceremonies also officially introduced three High Value Coconut Varieties for planting in a symbolic turnover from the government to the private sector. Apart from the exhibits where UCAP participated, the festival features policy and technical forum, business forum, products and process demonstrations, and book launching, all of which will be held at the Megatrade Hall 1. Simultaneous events outside of the festival venue were also organized at the Sofitel Philippine Plaza Hotel by the Philippine Council for Agriculture Forestry & Natural Resources Research & Development, a Technology & Policy Forum on the Control of Brontispa; at the Cabalen Restaurant, SM Megamall by the Philippine Council for Industry & Energy Research & Development, a Coir Stakeholders’ Meeting. UCPB-CIIFF ADOPTS KOREAN FARM TECHNOLOGYThe Korean Natural Farming Technology, known for its cost-effectiveness and conformity with sustainable development practices, is being introduced by the United Coconut Planters Bank’s (UCPB) Foundation to small coconut farmers. Five coconut farmers’ cooperatives all over Compostela Valley, Davao City, Davao del Norte, and Cebu have started training under the UCPB-Coconut Industry Investment Fund Foundation (UCPB-CIIFF) on the Korean technology. The program is expected to maximize availability of cheap resources to coconut farmers particularly fertilizers and pesticides especially as cost of fossil fuel based chemical fertilizers has ballooned in the market. The Korean technology enables farmers to manufacture their own organic fertilizers, pesticides and feeds using indigenous raw materials that are abundant in rural farms. This includes those that are normally considered as waste such as rice husks and rice leaves, coconut husks, and animal manure. Edgardo Amistad, President, UCPB-CIIFF in a statement said, “Our goal is to introduce the coconut farmers to better and more cost-effective farming techniques so they can become more productive”. TOYO ENGINEERING UNDERTAKES FEASIBILITY STUDY ON CME PLANTJapanese firm Toyo Engineering Corp. (TEC) is set to complete its feasibility study on an integrated coco methyl-ester (CME) manufacturing plant in Ilocos region which the company plans to set up. Carlos B. Carpio, deputy administrator of the Philippine Coconut Authority (PCA), said TEC is looking at the possibility of developing fresh or new areas where coconut can be planted to supply the feedstock requirement of the CME plant. The entire output of the plant will be shipped to Japan and supply the country’s growing demand for biofuels by fuel-dependent industries and the automotives industry as well. Its diesel requirement is 40 billion liters a year and plans for a CME blend of 5 percent. It was previously reported that TEC plans to establish 600,000 hectares of coconut farm either in new areas in Region 1 (Ilocos Region) such as Pangasinan, Ilocos Sur, Ilocos Norte and La Union. Carpio said one alternative is to use the wide coastal areas of these provinces. He estimated that opening up new areas for coconut farms would require bigger investment of about P1 million per hectare, while using coastal areas would need only P100,000 per hectare. The venture could require anywhere from P60 billion to P600 billion. SRI LANKA DESICCATED COCONUT EXPORT SHARPLY UP IN APRILFigures from Sri Lanka’s Coconut Development Authority show the country’s export of desiccated coconut rose by a whopping 86.7% to 3,451 MT in April this year from 1,848 MT in a similar month last year. The shipment was worth USD3.812 million as against USD1.686 million year-ago. Total export for January-April at 14,557 MT registered a substantial 60% increase from a comparable year-ago period figure at 9,126 MT. Export in April went to 27 countries. The top 12 importers held volumes above 100 MT and collectively accounted for 87.5% of total trade. Leading the pack was Germany with 434 MT (12.6% share), followed by Saudi Arabia with 408 MT (11.8%), U.A.E/Dubai with 369 MT (10.7%) and Portugal with 308 MT (8.9%). The next eight countries had market shares between 4% and 7.8% namely, UAR/Egypt 272 MT, Spain 250 MT, Turkey 227 MT, France 172 MT, Netherlands 159 MT, USA and Iran 140 MT apiece and Pakistan 139 MT. The remaining 15 countries which aggregately bought 12.5% of total sales took in volume ranging from a low of 2 MT to a high of 92 MT. GLOBAL EDIBLE OIL PRICES TO DROP IN 2007/2008Leading industry analyst, Dorab Mistry, director of Godrej International, predicted that global edible oil prices would fall in the next marketing year, beginning October 2007/ 2008, as supply tightness that has sent prices surging across the complex starts to ease. Speaking at the recently concluded Singapore International Oils and Oilseeds Conference, he said world edible oil production growth would outstrip demand growth by 1 million tons in the coming year and thus prices in 2007/08 would decline from their current high levels. Global demand for edible oils is expected to increase by 4 million MT in the 2007/08 season, with biodiesel and energy sectors accounting for a quarter of the growth. World edible oil production is expected to rise by around 900,000 MT. Crude palm oil (CPO), which reached record price levels in 2007, is likely to see output bounce back strongly after a marginal growth last year due to unfavorable weather for growing. “Palm oil has nothing but good news on the production front for 2008 and 2009, given high prices, rapid expansion of acreage and liberal use of fertilizer. A sustained rise in CPO production could tell us with confidence that prices need to fall by 10%”, Mr. Mistry explained. NEW WAY TO PURIFY VEGOIL-BASED BIODIESEL DEVELOPEDA group of chemists from the University of Leicester in UK have developed a way of purifying biodiesel made from vegetable oils. The process is said to be cheap, simple and low in toxicity. Professor Andrew Abbott, team leader, is able to remove glycerol, the main by-product of vegetable oil-based biodiesel using ionic liquids made in part by vitamin B4 (choline chloride). If left in biodiesel, glycerol can damage engines. However, the new technique simply washes it out of the fuel. The ionic liquid that was developed uses a complex of choline chloride with glycerol to extract more glycerol out of the biodiesel. The Leicester process is greener than traditional processes and effectively provides a sustainable methodology for the purification of biodiesel without the production of significant waste. Professor Abbott said further research to optimize the ionic liquid recycling and recovery of glycerol need to be done. INDIAN PURCHASE POLICY FAVORS NON-EDIBLE OIL BIODIESELIndia recently announced a biodiesel purchase policy favoring companies that produce biodiesel from non-edible oils. Minister for Petroleum and Natural Gas, Murli Deora explained, “The salient features of the biodiesel purchase policy, which the Ministry of Petroleum and Natural Gas has announced, are that the public sector oil marketing companies will purchase biodiesel, meeting the Bureau of Indian Standard specifications through their select purchase centres.” The Minister said biodiesel manufacturers interested in supplying biodiesel should register with state-level coordinators, adding that priority in registration would be given to producers who propose to manufacture biodiesel from non-edible oils. Oil marketing companies are to decide on a uniform delivered price for buying biodiesel which would be valid for six months and reviewed thereafter. The ministry has identified 20 biodiesel procurement centers in nine states. |