2012-01-31 | Back
Fresh Coconut Processing: Silver Bullet to Eradicate Poverty in the Philippine Countryside*
1. Fresh coconut processing is not about young coconut and definitely not about copra. 2. The demand for natural and healthy drinks drives growth of natural drinks like coconut water beverages. Health benefits from coconut water: immediate re-hydration kidney cleansing low in calories and fat hang-over fix Global players believe healthy trend is for the long term. Celebrity investments and endorsers (like Madonna, Demi Moore, Kirk Douglas, etc.) further propel the popularity of coconut water drinks. Endorsement by President Pnoy Aquino made local market aware of Philippine-made coconut water beverages. 3. Socio-economic benefits of fresh coconut processing: a. resource maximization thru recovery of high value, highly nutritious, healthy and natural food products from fresh coconut (for copra meat products and coco water yield total 22% vs. integrated fresh coco processing yielding 44 to 62%) b. coco water wasted from copra in 2010 is estimated at P98.9B; skim milk wasted from copra in 2010 is estimated at P39.6 B; if virgin coconut oil/paring oil were produced in 2010 it is estimated at P30B. c. farmer benefits – higher income from higher price of fresh whole nuts, less process steps, shorter time from harvest to selling d. countryside development through industrialization and higher farm productivity 4. Every 30,000 hectares of coconut farm can support fresh coconut feedstock requirement of 400 tons per day for integrated fresh coconut processing plant. 5. Developments: a. extension/ expansion projects of existing (w/ 4 operational, 2 on-going, 3 in nego stages) DCN processing facilities b. greenfield integrated projects (2 are on- going, 1 in closing stage, 10 inquiries with budgetary quotes) c. current developments (2 MNCs are coming out w/ own brand of coco water, 2 MNCs are seriously considering, RTD coco water in aseptic packaging is saleable in local market at price range P60 to 180/ liter, coco farmers are becoming aware of their collective power as feedstock supplier). 6. On a 400 ton per day (TPD) Integrated Coconut Processing Plant a. see the power point presentation for the block diagram, mass balance, investment costs, and financial forecast details. b. total estimated investment cost is P1,023,201,400.00 inclusive of 50,000 sqm land, site development, building and civil works, processing plant, investment on infrastructure, and working capital. c. on the financial forecast, with an investment of 687,201,400.00 the pay back period is 2.8 years or less than 3 years. 7. Please download the complete presentation at www.map-abcdf.com.ph Thank you.