Biofuels, Carbon Credits, Jatropha, Philippines, Transportation

Korean Firm Investing $210 million to Develop Jatropha Business

A South Korean company is expected to invest about 210 million U.S. dollars in the Philippines for the development of jatropha, a source of raw material for making bio-diesel, a local daily newspaper reported on Wednesday. The 210-million-dollar investment from Korea Technology Industry Co. Ltd. (KTI) will come in the next two years, based on a memorandum of understanding (MOU) it signed on Tuesday with PNOC- Alternative Fuels Corp., a subsidiary of state-owned Philippine National Oil Co. (PNOC), the Philippine Star reported.  The MOU would allow the two firms to form a joint venture to undertake the jatropha development, according to the report.KTI will specifically invest 150 million U.S. dollar for 75,000 hectares of jatropha plantation within two years in the tropical Philippines. Sixty million dollars will be used for the establishment of a 300-ton capacity biorefinery by 2009, the report said.The state-owned Philippine firm would be in charge of earmarking the land for commercial plantation and development of jatropha, it added. The PNOC-AFC is established by the Philippine government to develop biofuels and other alternative energy systems that would reduce the country’s heavy dependency on traditional oil and gas.Currently the oil from Jatropha curcas seeds is used for making bio-diesel fuel in Philippines. The country has passed a law on promotion of using bio-fuel.

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29 thoughts on “Korean Firm Investing $210 million to Develop Jatropha Business

  1. MUMUNI ADAM says:

    I am an entreprenuer who want’s to
    propose the Exploitation of physic nut (Jatropha curcas L.) in Ghana on commercial scale to obtain bio-diesel from the conversion of the oil from the seeds and organic fertilizer from the press-cake and the fruit compost.

    The Government of Ghana has already given the go ahead for the implementation of the project. The physic nut tree is at home in Ghana with the full benefits of the tropical conditions. There are enough seeds locally for the development of plantations for the production of the nuts to support the project. The enthusiasm of farmers is very high since most farmers want to take part in the programme. The Government has promised to provide any necessary assistance, since the project will create the necessary jobs for the teaming unemployed youths of the nation.

    The feasibility report has already been prepared based on the UNIDO’s manual of standardized methodology for industrial and agricultural projects in developing countries (ONUDI) 1994.

    I am therefore seeking for a partnership assitance to provide the necessary funding to cover the pre-operation cost, plant, machinery and equipment importation cost and working capital cost to implement the project. Ghana, imports all its diesel fuel and fertilizer requirements with non-existing foreign money, therefore, there exist sufficient market for the proposed products of the project. I intends to organize the cultivation of about large hectares of physic nut plantations due to the availability of land in my posession.

    contact : 00233244166197
    papistic05@yahoo.co.uk

  2. Tanny Lee says:

    I am from Sarawak, Malaysia. Our Government encourage Jatropha in our country now. We would like to look for investor JV with us.

    We have the land and good species of Jatropha Carcus, my contact is tuntanny@gmail.com

    Tanny Lee

  3. Tanny Lee says:

    I am from Sarawak, Malaysia.

    Our Government encourage planting of jatropha in our country now.

    We have the land and good species of jatropha, we are looking forwards for overses investors to JV with us in planting jatropha.

    my contact is tuntanny@gmail.com

    Tanny Lee
    Sarawak, Malaysia
    email: tuntanny@gmail.com

  4. Ronilo P. Garzon says:

    I am from Koronadal City, South Cotabato, Philippines. We are inviting investors for a Jatropha Plantation Projects. We have available area for planting about 30,000 hectares in Sultan Kudarat Province and Bukidnon Province.

    You may contact me in my email address and cellphone number +639216070215

  5. Douho Franck Romeo says:

    Morning Sir,
    Plsease could you tell me how could i be your partner in produicing and
    selling Jatropha with you.
    IO am an ivoirian young and and get farm land here in Côte d’Ivoire.I could produice az lot of quantity of Jatropha but i get investissement problem.So do i need partners to invest and help me realise my projet.
    MR DOUHO
    tel : +22508920273

  6. Adesina Tijani says:

    Our eyes are open to jatropha business! Nigeria has vast land we are harnessing for this biz.
    Government does subdize agriculture only on papers however private initiative from unemployed like us have commendable.

    Oversea investors will get us to the next level. Should there be interest in Nigeria Jatropha seed, do contact me:

    Adesina Tijani
    +234-01-2185626
    adesinatijani@gmail.com

  7. Jem Lim says:

    All Solutions Cambodia (ASC) is looking for serious investors for cultivating Jatropha in Cambodia with us

    ASC is the leading consultant with a team of highly qualified, competent and committed professionals having rich experiences in farming know-how and is continuously striving to attain high standards in cultivation. ASC provides consultancy at every stage of the Jatropha project, right from soil to preparation of complete plantation management.

    ASC also provides technical plan to plantation techniques/plantation execution and setting up plant for Bio-Fuel including all plant & machinery required with all our best of potentiality and expertise. ASC offers a variety of agricultural and technical consultancy services to suit the varied requirements of the clients, our services for Jatropha Curcas plantation projects cover all aspects and every stage of Jatropha Curcas plantation to ensure a productive and profitable plantation that can be sustained over time

    Jatropha Curcas seeds can produce up to 60% oil content with ASC Jatropha Plantation Business Management Consultancy Services which covers: – Production capacity (genetics) of the plants – Application of advanced pruning techniques – The moisture level of the soil – The nutrient level of the soil – Application of foliar fertilizer 30 days before harvest – Stage of ripening at harvest – Use of high quality processing equipment – Processing completed within 24 hours of harvest

    ASC submits necessary proposal to provide Project Management & consultancy services to engineer & establish a successful Jatropha plantation project based on our proprietary knowledge to implement the project through our level of competence and technology: on receipt of detailed Request for Proposal Detailed terms and conditions shall be discussed on specific case and then an Agreement shall be entered for performing consulting projects

  8. linda says:

    investors on jatropha should know that there are vast lands in nigeria and this is in the southern part of the country do call this number 08064305767

  9. linda says:

    or call 8064305767 i have gone for lectures on jatropha and i would be glad if investors are interested i have a little farm and would like to expand it thanks

  10. Nikhil Maheshwari says:

    I am from Surat, India

    Our Government encourage planting of jatropha in our country now.

    We have the land , we are looking forwards for overses investors to JV with us in planting jatropha.

    my contact is nikhil _n_m@yahoo.co.in

    Nikhil Maheshwari
    Surat, India

  11. chumroen benchavitvilai says:

    Are there any Jatropha projects in plantation initiated by Korean Enertech group implemented. ?

    There aresp many news form one countries tot he aopther countries.
    Myqanamr ,Phillippines etc.
    So far there are no action at all.

    The vision isso good and promising but the ation is emopty.

    All vision without action is just a dream.

    Please wake up and restart having some real action plan to achicve the vision

  12. Chumroen Benchavitvilai says:

    Please advise any realistic captive Jatropha plantation on the earth.

    There are many small plot of few hectares and mostly planted as hedge and fences spread around.
    It is hard ro beleive that there will be any real captive big managed Jatropha plantation.

    There are so many talkds and projects but in reality there are none to be implemented.
    NATO(No Action Talk Only)

  13. Roy Adig says:

    We have 2000 + Hectres of Land ready and available in Nothern Nigeria, we are looking for investor, if interest contact me (iadigwe@yahoo.com

  14. Christine says:

    Hallo There,

    My name is Christine Kenyan Citizen.It is wonderful to learn great companies investing in green energy. This will go along way in alleviating poverty and increase job opportunities. Kudos to champions of Biodiversity conservation.

    In ny home area (in semi arid region) where I come from most people use the jatropha plant for fencig but they have no Idea of its other immense uses. Only the doves that celebrate feeding on the seeds.

    I would appreciate a serious investor interested maximizing this untapped opportunity to build business and build a community.

    Am looking foward for a positive feed back.

    Kind Regards,

    Christine.
    +254 724 785 413.

  15. Chris says:

    My name is Chris from Malawi, Africa. Our Government is encouraging the growing of Jatropha in our country now. My family owns up to 250Ha of land. We would like to partner with a serious investor to grow and develop Jatropha with us.

    We already also have some good species of Jatropha in the country. My contact is cdzimadzi@hotmail.com

  16. Gbenga Popoola says:

    We are looking for farms that has matured large farms of jatropha,we are serious buyer that buys in large quqntity and we are also interested in a joint venture with land owners with a minimum of 100,000 hectres above.
    my contacts are
    08055310053

  17. abdul majid says:

    Dear Sir or Madam,

    I would like to have your valuable comments on JATROPhA investment in Pakistan.

    I am interested to grow Jatropha at large scale.

    Looking forward your attention soonest possible.

    Regards
    may contact at : 00923214015515
    email: cham786@hotmail.com

  18. chris mwangi says:

    I am chris from kenya,naivasha and am looking for a serious business partner who would like to invest in jatropha farming here in kenya.we have plenty of land and now jatropha still new to most people,if you are interested reach me on email spawnfadhili@gmail.com

  19. chris k mwangi says:

    I am chris from kenya,naivasha and am looking for a serious business partner who would like to invest in jatropha farming here in kenya.we have plenty of land and now jatropha still new to most people,if you are interested reach me on email adress: spawnfadhili@gmail.com

  20. ben amponsah says:

    hi live in uk my father has left me almost about 150acres l will like invest to in jatropha in ghana which l beleive there is market for it. hope to hear from you

  21. Sub. : Introducing JOil – a company focusing on improved Jatropha planting materials

    It gives us great pleasure in introducing JOil (S) Pte. Ltd., a young, innovative and entrepreneurial company engaged in Jatropha planting materials. The company has taken up the challenging task of continuously improving Jatropha productivity as its key focus area for the near future.

    JOil is backed by reputed international investors including Temasek, Tata and Toyota Tsusho. The company is headquartered in Singapore where we have our state-of-the-art biotechnology lab and research farm. We are establishing our operations globally in India, Indonesia, Philippines, Kenya and China, through tie-ups with tissue culture labs in these countries. The company also has technology collaboration with Temasek Life Sciences Lab, Singapore and marketing arrangements with Tata and Toyota.

    JOil’s activities broadly include:

    · Jatropha plant breeding: JOil has identified good performing individual plants from Jatropha accessions from all over the world and has developed superior intra-species hybrids. Work on interspecies hybrid is going on. JOil has set up commercial seed orchards in India and Indonesia to propagate seed-derived seedlings of initial improved populations, which are expected to perform better than the wild accessions.
    · Tissue culture: JOil is one of the few companies in the world who have cracked the tissue culture technology for Jatropha which is a difficult plant species for tissue culture but is proving to be a model plant. JOil is probably the only company which has entered into commercial production of tissue culture seedlings of Jatropha. The tissue culture seedlings are expected to be in the market from 2012 onwards.
    · Technical consulting: JOil has built a team of experts, including agronomists, who have a combined experience of __ years in Jatropha. JOil offers a variety of consulting services including technical consulting for existing and new plantations.
    · Due diligence / rating services: Our due diligence / certification services could be of immense value to companies who are considering consolidation opportunities and / or financing plantations. We have developed a detailed checklist of all the aspects of Jatropha plantations and have also conducted mock due diligences.
    · Genetic modification: JOil has exclusive arrangement with Temasek Life Sciences Lab, Singapore for genetically engineering Jatropha. The GM work has advanced quite well and we one of the front runners in GM Jatropha development in the world.

    We understand you are exploring / undertaking large-scale Jatropha plantations in India. We feel that it is a great opportunity for you to work with a hi-tech company like ours who are entirely focused on improving productivity of Jatropha through developing superior varieties and tissue culture propagation. We strongly feel that the current method of propagation using wild seeds may not be economically sustainable. Using high quality planting materials derived from tissue culture will ensure better productivity and also better uniformity, which is a challenge in Jatropha plantation today.

    We would like to explore possible ways of working with your esteemed organization, and would love to present our company’s credentials in person.

    Looking forward to hearing from you,

    With warm regards,
    Contact : kins@joil.co.in

  22. Thompson Benguma says:

    Hi my name is Thompson Benguma from Papua New Guinea, a country just north of Australia. My company is taking the lead in mobilizing my people to plant jatropha on some 5 to 10 million hectares. I would like to JV with companies wishing to extract jatropha oil for biodiesel and bio jet fuel. Please call me on +67576886179 or email me on tbenguma59@yahoo.com

  23. 'Dipo Folarin says:

    Eyrie Pro Management is a company based in Lagos, looking for investment opportunity and long-term business partnership in the establishment and management of Jatropha Curcas from ground zero to production stage in Nigeria.

    We look forward to the opportunity of working with potential investors soon.

  24. 'Dipo Folarin says:

    Eyrie Pro Management is a company based in Lagos, looking for investment opportunity and long-term business partnership in the establishment and management of Jatropha Curcas from ground zero to production stage in Nigeria.

    We look forward to the opportunity of working with potential investors soon.

    Kindly reach me via +2348028634650 or email me on eyriepromanagement@consultant.com

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