Franklin Baker joins coconut production, expected to boost the income of coconut farmers

CLICK TO READ


Coconut farmers nationwide, one of the poorest sectors in the country felt the benefits of the increasing demands for coconut products after the production of Coconut Water starts with the operation of world-renowned Franklin Bakers.

The iconic Franklin Baker needs 30-million liters yearly and soon he Philippines will become a major player in the production and marketing of coconut water in the international market.

The 100-year-old Franklin Baker Company opens a P2-Billion processing facility in Davao del Sur Province and DA Sec. Manny Piñol graced the event to witness how the company works and what they plan to do to help the Filipino coconut farmers.

The newly-inaugurated facility in Davao del Sur needs 320,000-metric tons of coconuts every year or 400,000 coconuts everyday, but when fully operational it will need at least 2 million coconuts per day.

The product of Franklin Baker which was formerly owned by American companies General Food and Kraft Foods is now managed by Indian and Filipino investors. Their Philippine-made products will be sold in the market in the form of Tetrapaks which will be available in over 50 countries all over the world.

Here's the Complete Report of DA Sec. Manny Piñol

30-million litters yearly
ICONIC FRANKLIN BAKER JOINS
COCONUT WATER PRODUCTION

By Manny Piñol

The Philippines will soon become a major player in the production and marketing of coconut water in the international market as the 100-year-old Franklin Baker Company opens a P2-B processing facility in Davao del Sur province.

The facility Darong, Sta. Cruz town which was inaugurated on Thursday, Jan. 19, is designed to produce 30-million liters of coconut water, 20-million liters of virgin coconut oil, 15-million liters of coconut milk and 120-million pounds of desiccated coconut.

To produce these, Franklin Baker Company, formerly owned by American companies General Food and Kraft Food, needs 320,000-metric tons of coconuts every year or 400,000 coconuts every day.

Franklin Baker's chief executive officer, Jerome Lorenzo, said when fully operational the Darong, Sta. Cruz processing facility would be needing about 2 million coconuts every day.

Barely after the new facility was commissioned, coconut farmers in the Southern Mindanao area already felt the benefits of this new project of the iconic coconut processing company which is now owned by Indian and Filipino investors.

Coconut farmers reported that a piece of unhusked coconut which used to fetch P2.50 is now being bought for P10.

Lorenzo said the coconut water produced from the facility will be sold in the market in the form of Tetrapaks which will be available in over 50 countries all over the world.

During the inauguration rites, I told officers of Franklin Baker and the stakeholders present that while the Philippine Coconut Authority (PCA) which supervises the coconut industry is not under the Dept. of Agriculture, the agency will prioritise the replanting of coconuts all over the country as a major agricultural undertaking.

The Dept. of Agriculture is now promoting the planting of coconut, especially the aromatic variety for coconut water, as a second crop to major export commodities like cacao, coffee, Abaca and pineapple.

The Darong, Sta. Cruz facility which is the third for Franklin Baker Company in the Philippines is expected to boost the income of coconut farmers who are among the poorest in the country.














Source: Manny Piñol

COMMENTS

Name

Entertainment,17,Exam Result,2,Funny Videos,11,Health,6,Inspiring,16,Lifestyle,11,Local News,898,New,308,News,545,Opinion,315,Relationship,4,Showbiz,4,Tech,2,Travel,5,Trending,34,Tutorial,9,Videos,73,Viral,20,
ltr
item
NowReader: Franklin Baker joins coconut production, expected to boost the income of coconut farmers
Franklin Baker joins coconut production, expected to boost the income of coconut farmers
CLICK TO READ
https://2.bp.blogspot.com/-JAh5A--evvI/WILYBC4lo_I/AAAAAAAAGnc/x5LvtrvVlCwgaGW8NOouYNf0HjRG-qg9gCLcB/s1600/FotorCreated.jpg
https://2.bp.blogspot.com/-JAh5A--evvI/WILYBC4lo_I/AAAAAAAAGnc/x5LvtrvVlCwgaGW8NOouYNf0HjRG-qg9gCLcB/s72-c/FotorCreated.jpg
NowReader
http://www.nowreader.com/2017/01/franklin-baker-joins-coconut-production.html
http://www.nowreader.com/
http://www.nowreader.com/
http://www.nowreader.com/2017/01/franklin-baker-joins-coconut-production.html
true
5550435775083149038
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy