Coco oil maker eyes new markets

Filipino-owned SC Global Coco Products, Inc., based in Baybay City on Leyte island, plans to penetrate new markets in Asia. Emmanuel S. Licup, SC Global’s managing director, said the firm plans to bag deals within the year to export coconut oil and related products to South Korea, Japan, and China. These three countries are “very promising markets” for the product, he added. The company produces organic crude coconut oil; virgin coconut oil; coconut fatty acid distillate; organic flour; refined, bleached and deodorized coconut oil; cochin; copra cake and mill; as well as coconut biofuel and lubricants. (April 23, 2010)