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.”

Top of the Morning: Scores of World Cup Fans Killed in Shebab Attack

Al Shebab strikes again. “At least 50 people were killed when gunmen in two minibuses sped into a town on Kenya’s coast, shooting soccer fans watching a World Cup match in a television hall and targeting two hotels, a police post and a bank, officials and witnesses said on Monday. Police said Somalia’s al Shabaab Islamist group was most likely to blame for Sunday night’s assault on the town of Mpeketoni, which lies on the Indian Ocean coastline that runs north from Kenya’s main port of Mombasa to the Somali border. (Reuters http://bit.ly/1vsM8gz)

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Africa

At least two people were killed and 15 prisoners escaped after a suspected Islamist militant detainee shot his way out of the main jail in Mali’s capital Bamako on Monday, a government official said. (Reuters http://reut.rs/1nLAvOx)

Thousands of opposition supporters took to the streets on Sunday in Niger’s capital Niamey to demand that authorities respect civil liberties, following the arrest of several of their number last month. (Reuters http://bit.ly/1vsMJPm)

The daughter of Sudanese opposition leader Sadiq al-Mahdi said there can be no national political dialogue in Sudan when everything people say is criminalized and there is lack of press and religious freedom. (VOA http://bit.ly/1qksTpn)

Civilians displaced by brutal fighting in South Sudan are ignoring calls from government officials to return to their homes, preferring the safety of squalid UN bases to the risk that conflict could again engulf towns already devastated in the six-month conflict. (IRIN http://bit.ly/1qktqYp)

The recent successful holding of legislative and presidential elections has raised hopes that Guinea-Bissau can move closer to the end of a two-year political crisis marked by international isolation and a devastating economic decline. (IRIN http://bit.ly/1vsOPPb)

Concern is mounting that British aid money may be funding police who are using rape as a tool of state-sanctioned torture against women in the Democratic Republic of the Congo. (Guardian http://bit.ly/1qkv3W2)

MENA

The United States has ruled out co-ordinated military action with Iran as one of the options being considered to thwart radical Islamic extremists in Iraq as Sunni Muslim fighters seized another Iraqi city. (Irish Times http://bit.ly/1nLAmuw)

Once again Israelis are gripped by the horror of their young people being abducted, apparently by Palestinian extremists, and the army is pulling out all the stops to retrieve them. (Globe and Mail http://bit.ly/1nLArhL)

Asia

More than 60,000 people have fled North Waziristan Agency to safer parts of Pakistan and neighbouring Afghanistan as Pakistan’s military launches an offensive in the region. Most of the people fleeing are children, and mental health experts are concerned that they will not have access to proper trauma care. (IRIN http://bit.ly/1vt89f8)

Thailand’s military government ended a rice price-support scheme, put in place under the former civilian government, as investigations continue into widespread corruption and losses of billions of dollars from the program. (VOA http://bit.ly/1qktiYK)

Authorities in southern Sri Lanka say three people have died in clashes between Buddhists and Muslims. (VOA http://bit.ly/1vsO0WC)

A low level of knowledge about sexual abuse is leaving Cambodia’s children vulnerable to harm, and a new report shows that despite sex education initiatives in recent years, a poor understanding by parents and children of what sexual abuse is, persists. (IRIN http://bit.ly/1vsRmJ3)

Thailand’s junta denied on Monday that they were pursuing a “sweep and clean” policy of driving illegal foreign workers out of the country. (Reuters http://yhoo.it/1vsTdh7)

Myanmar opposition leader Aung San Suu Kyi said it is up to the will of the people of her country if she becomes their president, reacting Monday to a vote against changing a constitutional clause that bars her from the office. (AP http://yhoo.it/1qkvQWV)

The Americas

The US Supreme Court has turned away Argentina’s appeal of lower court rulings ordering it to pay more than $1.3 billion to hedge funds that hold some of the country’s defaulted bonds. (AP http://yhoo.it/1vsWLzM)

Opinion/Blogs

Mark speaks with former US Ambassador to the UN Tom Pickering about the faltering Israel-Palestine peace process, his role in shaping US policy during the 1973 Yom Kippur War, and an awkward phone call with President-elect George H.W. Bush, who tapped him to serve as US Ambassador to the UN during the run-up to the Gulf War. (UN Dispatch http://bit.ly/1nfGEAO)

Zimbabwe Registrar General’s Claim That Contraception Causes Cancer Is Misleading and Alarmist (AfricaCheck http://bit.ly/1iBvBzb)

Are Impact Evaluations Enough?  The Social Observatory Approach to Doing-by-Learning (Development Impact http://bit.ly/1i12QRk)

Are we measuring the right things? The latest multidimensional poverty index is launched today – what do you think? (From Poverty to Power http://bit.ly/1nfGCJ8)

Brazil’s World Cup: The Good, Bad & Unequal (World Policy Institute http://bit.ly/1nfHX2z)

Please Do Not Teach This Woman to Fish (FP http://atfp.co/1i17a3c)

Quantitative versus qualitative measurement, the contest (Chris Blattman http://bit.ly/1i17Sxn)

Understanding food security through a gendered lens (IDS http://bit.ly/1kYaKL7)

Research/Reports

Aid insiders fret that major NGOs have become too big and have lost the flexibility and responsiveness they once had. (IRIN http://bit.ly/1qktQ0W)

Economic inequality is now center stage in the global debate, and the World Economic Forum asserts that this issue is the single biggest risk facing the planet. (CNN http://cnn.it/1vsRxEg)