MOU on crude coconut oil export to Europe
![MOU on crude coconut oil export to Europe](https://media.philstar.com/photos/2024/02/19/123_2024-02-19_11-59-36.jpg)
MANILA, Philippines — The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. (AMPI) and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe.
The PCA will share technology while LMC will provide transport and other necessary logistical support to the coconut farmers.
AMPI is responsible for the procurement of a minimum of 4,000 metric tons of mosh moah free copra monthly in Cagayan de Oro through the Limketkai Oil Mill and sell it to its own refinery in Europe.
- Latest
- Trending