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Commodities - PDF 2 by ProQuest

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The assessment, by James S. Diana of the University of Michigan at Ann Arbor (USA), notes that despite well-publicized concerns about some harmful effects of aquaculture, the technique may, when practiced well, be no more damaging to biodiversity than other food production systems. [...] it may be the only way to supply growing demand for seafood as the human population increases.

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									         inform March 2009, Vol. 20 (3)                  147

                                                        from 8,000 acres (about 3,200 hectares) in    AOCS member and Principal Research
       Acquisitions/                                    1995 to over 400,000 acres in 2008.           Scientist Rod Mailer. “We will be testing

       mergers/spinoffs
                                                                                                      10 different collapsible bags and two rigid
                                                        COCONUT                                       plastic containers, each with a 1,000-litre
                                                        Engineering professor Walter Bradley and      capacity,’’ Mailer told the Weekly Times
       Environmental Lubricants Manufac-                two students from Baylor University in        (Australia) newspaper.
       turing, Inc. (ELM: Cedar Rapids, Iowa,           Waco, Texas, USA, are using coconut
       USA) has spun off its metalworking fluids        fibers in place of petroleum-based syn-       PALM OIL
       technology to Performance BioLubes               thetic polyester fibers to make compres-      Palm oil producers in Nigeria spoke out in
       (PBL: Morton Grove, Illinois, USA). PBL          sion-molded composites for automobile         January 2009 against the Nigerian govern-
       was formed by the distributors of ELM            parts such as bed liners, floorboards, sun    ment’s plan to lift the ban on the importa-
       metalworking fluid products and includes         visors, and inside door covers. The team      tion of palm oil and other related products,
       former ELM metalworking fluids manager           is working with Waco-based Hobbs              according to a report in the Africa News
       Gene Tripp.                                      Bonded Fibers, which supplies car parts       newsletter. Implementation of the plan
                          nnn                           to four major automotive companies, and       would lead to wide-scale unemployment
       American Green Group, Inc. (New                  other manufacturers. Bradley told the         on palm oil plantations and accelerate
       Haven, Connecticut, USA) announced               Waco Tribune-Herald newspaper that he         urban-rural migration, the Plantation
       that its wholly owned subsidiary, Eco-           hopes to have the coconut car parts in        Owners Forum of Nigeria said.
       Built Systems, LLC , will acquire Para-          use by the second quarter of 2009.
       digm Polymers, Inc. (Macon, Georgia,                               nnn
       USA), a producer of soy-based spray foam         Coconut oil exports from the Philip-
       insulation products. The transaction was         pines are expected to reach at least 1 MMT
       expected to close in January 2009.               in 2009, with both output and demand
                          nnn                           expected to recover, a senior govern-
       Frutarom of Haifa, Israel, has signed an         ment official recently told the Manila Bul-
       agreement to acquire the assets and busi-        letin newspaper. The country, the world’s
       ness of the UK-based company Oxford              largest exporter of coconut oil, was plan-
       Chemicals Ltd. for $12 million, accord-          ning to export 1 MMT in 2008, but officials
       ing to Frutarom. Both companies produce          said full-year shipments may only reach
       flavor and fragrance ingredients.                850,000 MT, less than the 886,561 MT
                                                        exported in 2007.                             SUNFLOWER
       Commodities                                      FISH OIL/MEAL                                 Cargill has introduced its nongenetically
                                                                                                      modified sunflower lecithin in the Ameri-
                                                        The production of seafood through             cas, after the lecithin achieved GRAS status
                                                        aquaculture will probably remain the          (Generally Recognized as Safe) from the
       CACAO                                            most rapidly increasing food production       US Food and Drug Administration. The
       London cacao prices hit a 23-year high in        system worldwide through 2025, accord-        sunflower lecithin was introduced first in
       January 2009, but could see a price drop         ing to an assessment published in BioSci-     November 2008 in Europe, the Middle
       in 2009, according to the International          ence (59:27–38, 2009). The assessment,        East, Africa, and the Asia Pacific region,
 
								
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