Asia Plantation Capital Patchouli Oil Achieves Premium Grade

SINGAPORE, July 11, 2014 /PRNewswire/ — Asia Plantation Capital has been developing sustainable, organic, Patchouli oil production on its plantations for the last year. Patchouli oil is extracted from the leaves of the perennial patchouli bush (which regrows) allowing the leaves to be harvested, sustainably, every 3 to 4 months.

The recent harvest and production of Patchouli oil, by Asia Plantation Capital, on its plantations in Sri Lanka has been certified as premium grade by independent analysts at the Industrial Technology Institute (ITI), Colombo.

When analysed via mass spectrometry by the ITI, samples of our oil tested positive for the major compounds of Patchouli oil.

Of these compounds, Patchouli alcohol is the main constituent which determines the quality of the oil. Consequently, the price of the Patchouli oil strongly depends on the ratio of Patchouli alcohol present in the oil.

Spectrometry results clearly indicate the high content of patchouli oil (0.53%) and patchouli alcohol (54.56%) in the oil sample which was taken after the distillation process. A patchouli alcohol content of over 30% is considered excellent quality.

These results show that the cultivation of patchouli for commercial oil extraction in Sri Lanka is a viable proposition.

This is a significant breakthrough for Asia Plantation Capital in Sri Lanka. We already cultivate Patchouli in Thailand and are now gearing up to follow our success in the production of high quality Oud oil with large scale production of Patchouli; for Sri Lanka, this can be particularly beneficial as it can create a new, high quality crop to boost exports and the rural economy.

Lalith Ganlath, Attorney for Asia Plantation Capital in Colombo, says, “It’s a pleasure to see the hard work of the Sri Lankan, Asia Plantation Capital team paying off in Sri Lanka, on the back of plantation projects which the Company operates in other parts of South East Asia, and helping to contribute research and innovation to the country’s agricultural export markets. I am very keen to help promote this project and encourage out-growers to cultivate the Patchouli, which can become part of their existing agroforestry incomes. It will also help maximise land use and returns for rural farmers, with Asia Plantation Capital agreeing to buy back the dry leaves which can be harvested every 3 months.”

Asia Plantation Capital already has its own distribution offices, retail shops and warehouses in the Middle East, Europe, Asia and the USA, supplying the industry. It is well set to become a major supplier of sustainable Patchouli oil, traceable to the source of production Patchouli oil is one of the most widely used oils in the international Fragrance industry and has a forecast industry value of over $46 billion in 2018 (Source: Industry Analyst’s Inc.). Interestingly, Patchouli oil is one of the few natural essential oils which cannot be reproduced in any high quality, synthetically, for use in perfumes; making the demand for this excellent oil relatively assured.

Over the next year, the Company aims to establish over 5,000 acres of Patchouli fields using a combination of their own lands in South East Asia and out grower schemes in Sri Lanka, Thailand and Malaysia. All production for the plantations will be supplied with Certificate of Origin, Certificate of Analysis (CofA), Material Safety Data Sheet (MSDS) for exports and Flow of Processing and Product Specification. In addition, the oil will be packaged under the Group’s perfume brand, “Fragrance Du Bois” and branded, “Patchouli Du Bois” as a further stamp of guaranteed quality which has been a key to the success in globally marketing the Company’s other essential oils such as Oud (agarwood) and also infected wood chips.

Media Contact:

Asia Plantation Capital Pte. Ltd. 50 Collyer Quay, #06-05 OUE Bayfront, Singapore 049321
Tel: +65 6222 3386 | Fax: +65 6221 2197 | Email:
pr@asiaplantationcapital.com

Abbott and Fonterra to Form Strategic Alliance for Dairy Farming in China

ABBOTT PARK, Ill. and AUCKLAND, New Zealand, July 11, 2014 /PRNewswire/ — Abbott (NYSE: ABT) and Fonterra Co-operative Group Ltd today announced the signing of an agreement to develop a proposed dairy farm hub in China. The strategic alliance, which is subject to Chinese regulatory approval, will leverage Fonterra’s expertise in dairy nutrition and farming in China and Abbott’s continued commitment to business development in China. 

Dairy consumption in China has been rising steadily over the past 10 years. The continued development of safe, high-quality milk sources is essential to meeting this growing demand from Chinese consumers. Abbott and Fonterra are pleased to be able to work together and, through this alliance, make a positive contribution to the growth and development of China’s dairy industry.

“This would be Fonterra’s third farm hub in China and will complement our existing farming operations in Shanxi and Hebei Provinces that have been very successful,” said Theo Spierings, chief executive, Fonterra. “Farming hubs are a key part of our strategy to be a more integrated dairy business in Greater China, contribute to the growth and development of the local Chinese dairy industry, and help meet local consumers’ needs for safe, nutritious dairy products.”

“We’re pleased to partner with Fonterra, a global leader in dairy science, on this alliance to build dairy capacity in China,” said Miles D. White, chairman and chief executive officer, Abbott. “This is a very important step in our growing commitment to Chinese consumers.”

Both companies will work with Chinese regulators to obtain necessary approvals through the course of the project’s development.

If approved, Abbott and Fonterra will form a joint venture to invest a combined US$300 million (NZ$342 million or 1.8 billion RMB) into the farm hub, which will contain up to five dairy farms and more than 16,000 dairy milking cattle in production, producing up to 160 million liters of milk annually. The herd for this hub will comprise animals either imported, or sourced from Fonterra’s existing farm hubs. All dairy cattle will have genetics traceable to New Zealand, Australia, the United States and Europe.

As the world’s largest global milk processor and dairy exporter, Fonterra brings industry-leading dairy standards and practices to farm operations. The Fonterra-Abbott joint venture will operate the farm hub in China to these same standards to produce high-quality dairy. 

Pending regulatory approval, the first farm is expected to be completed and producing milk in the first half of 2017 and the remaining farms will commence production in 2018.

Abbott and Fonterra have a long history in China and have made substantial commercial and social investments in the country.

About Fonterra
Fonterra is a global leader in dairy nutrition – the preferred supplier of dairy ingredients to many of the world’s leading food companies. Fonterra is also a market leader with our own consumer dairy brands in Australia/New Zealand, Asia/Africa, Middle East and Latin America. 

The farmer-owned New Zealand co-operative is the largest processor of milk in the world, producing more than two million tonnes of dairy ingredients, value added dairy ingredients, specialty ingredients and consumer products every year. Drawing on generations of dairy expertise, Fonterra is one of the largest investors in dairy based research and innovation in the world. Our more than 16,000 staff work across the dairy spectrum from advising farmers on sustainable farming and milk production, to ensuring we live up to exacting quality standards and delivering every day on our customer promise in more than 100 markets around the world.

About Abbott
Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of healthcare. With a portfolio of leading, science-based offerings in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals, Abbott serves people in more than 150 countries and employs approximately 69,000 people.

In China, Abbott has more than 4,000 employees working in manufacturing, research and development, logistics, sales and marketing. Primary locations in China are in Shanghai, Beijing and Jiaxing.

Visit Abbott at www.abbott.com and www.abbott.com.cn, and connect with us on Twitter at @AbbottNews.

Abbott Builds Long-Term Commitment in China

ABBOTT PARK, Ill., July 11, 2014 /PRNewswire/ — Today’s announcement of a proposed strategic alliance with Fonterra to develop dairy farms is the latest in a series of investments Abbott (NYSE: ABT) has made in China, deepening its commitment in the country. In June, Abbott opened a state-of-the-art nutritional manufacturing facility in Jiaxing, and earlier this year, Abbott opened two research and development centers in Shanghai. In 2014, Abbott has announced more than US$400 million (2.5 billion RMB) of investments in its China operations.

Abbott has made these investments in order to improve people’s nutrition and health, and further establish the company as a long-term partner in China’s development. Today, Abbott has more than 4,000 employees in China. Abbott investments and engagements in China include:

  • Collaboration with the government since 2008 to strengthen nutritional science and testing capabilities, and share technical expertise to promote food safety.
  • Operation of a medical optics facility in Hangzhou, a pharmaceutical facility in Shanghai, and new research and development centers for its nutrition and diagnostics businesses in Shanghai.
  • Creation of the Abbott Crossroads Institute training center in Shanghai, which educates healthcare providers in coronary, endovascular and structural heart interventions.
  • Implementation of innovative initiatives across Abbott’s China manufacturing operations to reduce emissions, water use and waste, and to make product packaging more sustainable.
  • Establishment of the Abbott Fund Institute of Nutrition Science (AFINS), in partnership with Shanghai Children’s Medical Center and the global non-profit organization Project HOPE. The partnership, which operated from 2007 through this year, strengthened clinical pediatric nutrition practices, training, research and community outreach.

“Our goal is to help people live healthier lives,” said Miles D. White, chairman and chief executive officer, Abbott. “That means investing in the countries where we live and work. We’re committed to using our science, our product quality and educational efforts to raise the level of health in China and around the world.”

Eva Green Exudes Timeless Beauty as Leading Lady in the 2015 Campari Calendar

MILAN, July 10, 2014 /PRNewswire/ — Today, Campari® is officially unveiling the Hollywood actress Eva Green as the star of the 2015 Campari Calendar. The stunning French born actress will take the lead role in this year’s iconic Calendar, entitled Mythology Mixology, which is dedicated to celebrating Campari’s colourful history and the intrinsic stories linked to twelve of its best-loved classic cocktails. Each month will focus on a classic cocktail and with it, imaginatively depicts the beautiful and little-known anecdotes, tales and curiosities behind each iconic recipe.

To view the Multimedia News Release, please click:
http://www.multivu.com/players/English/71400577-Campari-Calendar-2015/

On starring in the 2015 Campari Calendar, Eva Green comments:

“To work with an iconic worldwide brand such as Campari is an honour and a privilege. There is something very special about this year’s theme as it strikes a compelling and almost magical balance between the classic and the contemporary. At the root of each image is this rich sense of history behind each of Campari’s best-loved cocktails but they are presented in a way that is ultra modern, exuding imagination and style. It’s a thing of incredible beauty and clearly shows that whilst some of these recipes are over 100 years old, they are still relevant to and adored in today’s world.” 

Shooting the 16th edition of the globally renowned Campari Calendar is Julia Fullerton-Batten, a worldwide acclaimed and exhibited fine art photographer and the first ever woman to get behind the lens on the Calendar project.

Julia Fullerton-Batten comments:

“Campari has always had an inherent ability to recreate itself and keep the brand image fresh, inspiring and imaginative – a goal I constantly strive towards in my own work too. This year’s theme was an interesting challenge, as there was an important job to do in terms of taking historical anecdotes and invigorating them with a modern edge. I’m confident we managed to strike that delicate balance with this year’s imagery.” 

Bob Kunze-Concewitz, CEO of Gruppo Campari comments: Though there has always been a sense of timelessness around our classic cocktails, weve been hearing reports from bartenders all over the world that there has been a surging popularity for classic recipes like the Negroni and the Americano. This years Campari Calendar is designed to celebrate those enduring recipes and the heritage behind them, so were very much looking forward to unveiling it later in the year.

International Press Contact

Video: 
http://www.multivu.com/players/English/71400577-Campari-Calendar-2015/

Etihad Airways to Launch Flights Between Abu Dhabi and Hong Kong

HONG KONG, July 10, 2014 /PRNewswire/ — Etihad Airways, the national airline of the United Arab Emirates, today announced the launch of a four times per week service between Abu Dhabi and Hong Kong from 15 June 2015.

The new flights will complement the existing services offered by Etihad Airways’ codeshare and network partner, Air Seychelles, ensuring a daily frequency between the two cities, and bringing the combined number of weekly seats offered on the route to 3,620.

Hong Kong will become Etihad Airways’ seventh destination in Northeast Asia and its fourth destination in Greater China joining Beijing, Chengdu and Shanghai.

James Hogan, President and Chief Executive Officer of Etihad Airways, said: “Hong Kong is an exciting and significant addition to our global network. The new services will offer our guests from Hong Kong and nearby southern China increased travel options and enhanced connections over our Abu Dhabi hub to 34 business and leisure destinations across the Gulf region, Europe and Africa.

“The new flights will support trade ties between the UAE and China, the UAE’s second largest trading partner. Hong Kong, the world’s largest cargo hub and Asia’s dynamic financial centre, gives us huge growth potential and a strengthened product offering for our global cargo customers.”

The UAE is Hong Kong’s largest export market in the Middle East. Hong Kong exports to the UAE rose 14 per cent to US$4.96 billion in 2013.

The additional 80 tonnes of weekly bellyhold capacity offered on the new Etihad Airways flights will open more business opportunities for trading partners in Abu Dhabi and Hong Kong, and strengthen the current four times per week Etihad Cargo freighter service and the existing bellyhold capacity offered by Air Seychelles’ three weekly flights between the two cities.

Known for its expansive skyline and deep natural harbour, Hong Kong is the third most important financial centre, after London and New York, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region.

The vibrant streets of Hong Kong offer a great blend of modern design and fascinating history. Hong Kong has something for everyone with bustling Asian markets, fine dining, high-end shopping, world-class luxury hotels and numerous tourist attractions.

Etihad Airways will operate a two-class Airbus A330-200 aircraft, configured to carry 262 passengers, with 22 seats in Business Class and 240 seats in Economy Class, offering a total of 2,096 seats per week.

The airline has announced six new routes for the first half of 2015, starting with Kolkata in February, Madrid in March, Entebbe in May, and Edinburgh, Hong Kong and Algiers in June.

The airline’s flights to and from Hong Kong can be booked from today on www.etihad.com, through Etihad Airways Contact Centres, or via travel agents.

Etihad Airways schedule for Hong Kong flights, effective 15 June 2015:

Flight No.

Origin

Departs

Destination

Arrives

Frequency

Aircraft

EY854

Abu Dhabi (AUH)

21:40

Hong Kong (HKG)

09:40

Mon, Wed, Fri and Sat

A330-200

EY855

Hong Kong (HKG)

19:20

Abu Dhabi (AUH)

23:50

Tue, Thu, Sat and Sun

A330-200

 

Air Seychelles’ existing schedule for Hong Kong flights:

Flight No.

Origin

Departs

Destination

Arrives

Frequency

Aircraft

EY4122
(HM86)

Abu Dhabi (AUH)

21:40

Hong Kong (HKG)

09:40 (+1)

Tue, Thu and Sun

A330-200

EY4121
(HM87)

Hong Kong (HKG)

18.55

Abu Dhabi (AUH)

23:25

Mon, Wed and Fri

A330-200

Note: All departures and arrivals are listed in local time.

India’s Food Industry Continues to Boom

MUMBAI, India, July 10, 2014 /PRNewswire/ — As consumer demand in India changes direction, the food industry continues to grow, in one of the world’s most successful economies.

India has the second largest population in the world and the tenth largest economy. It also has the eleventh largest consumer market in the world. It is no wonder that India has become an essential player in the global food ingredients market. AC Nielsen previously named India as a hotspot for food manufacturers, food producers and food ingredient professionals and the country has become an integral part of the global food ingredient network. India has also become one of the most important destinations for food investment, with its food industry growing at an annual rate of 17%. The bridge linking India to the rest of the world is becoming stronger and Food ingredients (Fi) India is at the forefront of the action. It provides a global portfolio extending from the iconic tradeshow, to online platforms with the world’s leading suppliers and buyers, to the high-level industry specific conferences.

     (Logo: http://photos.prnewswire.com/prnh/20130723/629764-a )

From 29 September – 1 October 2014, India will play host to this fully dedicated food ingredients show and Fi India are working to gather hundreds of the leading food ingredient suppliers and 6,000+ visitors and industry professionals. Included in this powerhouse line-up are the likes of ADM Agro, Roquette, Matrix, Mintel and many more. This specialised food ingredients event focuses on innovation and consumer trends, providing a platform for key professionals from around the world to link to this flourishing Indian market.

Matthias Baur, Portfolio Director, Food ingredients Global, provides his viewpoint: “The buying power at Fi India has increased by around 20% in recent years, with seniority of attendees now mainly being CEOs, directors and presidents. Along with the increased buying power and economic growth, a relaxation in import policies, growth of organised retailing, increased urbanisation and an increase in middle class, the lifestyles and food habits are changing across India. This is opening the doors for imported foods, fast foods, health foods and innovative food ingredients from across the globe.

Fi India is part of the Food ingredients Portfolio and works at extending the Food ingredients brand into regions where they have opportunities to engage with new customers and also present new business growth and opportunities to their existing client base. With the key focus on customer insight, sourcing, business development and innovation and trade, in a region with one of the fastest growth rates in the world, Fi India is the most cost-effective platform to source new ingredients, grow market share and is the key stepping stone to enter India’s food ingredients market.

About the organiser 

UBM Live is a division of UBMplc, which is headquartered in London, UK. The office in the Netherlands is the organiser of the world-leading Health ingredients, Food ingredients, CPhi, ICSE and Informex series of food and pharmaceutical ingredients trade shows. The Dutch office also publishes International Food Ingredients Magazine and organises related conference activities. For more information, visit http://www.foodingredientsglobal.com

About Food ingredients 

The Food ingredients portfolio hosts the world’s leading food, natural and health ingredients trade shows. Since 1986, the Food ingredients exhibitions have become the established meeting place for all stakeholders in the food ingredients industry. Over the last 25 years more than 500,000 people have attended our shows across the globe and as a result have contracted billions of euros worth of business deals.  For more information about our portfolio of events and products, please visit http://www.foodingredientsglobal.com/europe/about

 Logo – http://photos.prnewswire.com/prnh/20130723/629764-a