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Dutch firm to set up coco peat processing business in PHL

Van der Knaap Group of Companies, a Netherlands-based firm specializing in rooting growing media for horticulture, will invest an initial $ 1.5 million (P61.5 million) to set up a coco peat processing business in the Philippines.Dinesh Fernando, managing director of Euro Substrates (Pvt) Ltd. Sri Lanka, said the company will establish operations in Mati, Davao in Mindanao. Euro Substrates is a subsidiary of Van der Knaap.“We see the market growing,” he said in an interview on the sidelines of the recent National Coco Coir Summit in Lucena City.

DAR farmers receive grant from DOLE

Agrarian reform beneficiaries belonging to the Barangay Liptong Small Coconut Farmers’ Association (Bliscofa) recently received a decorticating machine worth P760,000 from the Department of Labor and Employment (DOLE).With its farming assistance program, the Department of Agrarian Reform (DAR) proposed to DOLE this processing machine for mass production of virgin coconut oil (VCO) that the farmers’ organization can venture into.“Aside from its health benefits, the market for VCO is huge and is yet to be exploited.

PCA official says coconut coir useful in landslide prevention

Philippine Coconut Authority (PCA) Regional Manager Jose Cruz said that he is now coordinating with the departments of trade and industry (DTI) and of public works and highways (DPWH) so that the coconut coir being produced by farmers here in Western Visayas could be used as nets to prevent landslides in the mountainous parts of the region.Cruz said that Western Visayas being the number six in the country in terms of coconut production has a large potential to supply coconut coir that could be used as nets on sloppy areas where the DPWH has road projects.He welcomed the annou

Philippine farmers hope for coconut craze windfall

Struggling Philippine farmer Liezl Balmaceda has never heard of Madonna, but the US pop star's endorsement of coconut water may help change her life for the better. After centuries of replenishing Filipinos, the mineral-rich liquid has become a must-have health drink thanks to aggressive marketing by a beverage industry looking to offset soda sales that have lost their fizz.
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