News Update : December 2008
Univanich Palm Oil PCL
receives 2008 Best Performance Award
At the 2008 SET Awards, Univanich received the Stock Exchange of Thailand’s trophy for the best performance from a company with market capitalization up to 10 billion Baht.
Mr John Clendon, Managing Director of Univanich Palm Oil PCL accepts the Best Performance trophy from Deputy Prime Minister Dr Olarn Chaiprawat at the 2008 SET Awards. Mr Clendon was also one of four finalists for Thailand’s CEO of the year award.
Since the company’s public listing in 2003 this is the second time that Univanich has been recognized with this top award. The finalists were selected from 470 public companies listed on Thailand’s main board exchange and judging was carried out in three rounds by the TRIS Rating Agency and SET Analysts. Performance criteria in the final selection included Return on Assets (ROA), Return on Equity (ROE), Earnings Growth and Return to Investors over a three year period.
At a New Year party held at the Univanich staff Club, Chairman Mr Apirag Vanich congratulated the company’s management and staff on this recognition of their outstanding achievements in 2008.
Indonesia approves Univanich oil palm seeds
Dr Palat Tittinutchanon (centre) explains details of the Univanich oil palm breeding programme to Mr Achmad Mangga Barani, Director General of Estate Crops, Indonesia’s Ministry of Agriculture, (left) and Mr Nelson Manurung, President Director of PT Agricinal, (right). The Director General led a review team of oil palm breeders and senior officials to the Univanich seed gardens on 13th August 2008.
Indonesia approves Univanich oil palm seeds
Following the visit to Southern Thailand by experts from Indonesia’s Ministry of Agriculture, official approval has been granted to Univanich Palm Oil PCL, of Krabi, to export hybrid oil palm seeds to growers in Indonesia.
Univanich Managing Director, John Clendon, commented that Indonesia leads the world in oil palm cultivation with more than 31.2 million rai (five million hectares) in production. Until recently the Indonesian market has been closed to outside seed producers since Indonesia already has many of the industry’s best breeding programmes which are reported to achieve the worlds highest oil palm yields. The Indonesian Government has been careful not to allow import of seeds from regions where there is a risk from oil palm diseases or where the quality of the breeding programmes is not up to the highest international standards.
According to John Clendon, this official approval for Univanich seeds to be sold in Indonesia is further recognition that the company’s research is producing very high quality planting material. He noted that there has been much overseas interest in Univanich hybrid oil palms which are now growing in more than seven countries. To enhance the future scope of this breeding programme Univanich has also constructed a tissue culture laboratory to produce Thailand’s first oil palm clones. Mr Clendon said that the company has been investing in this tissue culture technology since 2005, aimed at cloning elite mother palms and to increase capacity for production of high quality seeds.
The company’s Head of Oil Palm Research, Dr Palat Tittinutchanon, said that for 25 years the Univanich Oil Palm Research Centre has been importing pedigree palms from other research centres around the world. In the company’s breeding programme these palms have been used to produce new varieties of hybrid oil palms. Dr Palat reported that the company has planted more than 4,000 rai of research trials in the Univanich estates in Krabi, to identify the highest yielding hybrid crosses which are best adapted for Thailand’s dry climate and growing conditions. In 2009, the company will produce 10 million oil palm seeds for export to major customers in South America, India and now in Indonesia, as well as to supply Thailand’s oil palm farmers with high quality seedlings.
A new record for Univanich Palm Oil Exports
A Vessel loading Univanich crude palm oil at Krabi, for delivery to Europe
During 2008 Univanich opened up new overseas markets in Europe and Asia, exporting a record 151,000 tonnes of crude palm oils. The company has become Thailand’s leading exporter of palm oil.
Renovation of Siam Factory
The new boiler installed at Siam Factory will improve efficiency
and protect the environment
During 2008, new palm kernel hoppers were installed at the
Siam Factory to reduce handling cost of PK sent to Topi Factory for crushing
During 2008, a new steam boiler, costing Baht 34 million, was installed at the Univanich Siam Factory to improve efficiency and protect the environment by reducing smoke emissions.
News Update : September 2008
International Publication of
Univanich Research Papers
The Planter magazine, August 2008 edition with cover page
from Univanich’s estates
The August 2008 edition of international publication “The Planter” featured two research papers on the Univanich oil palm breeding programme, and on the company’s irrigation trials reviewed after 15 years of recording.
Expansion of Oil Palm Nurseries
Univanich nursery area expanded by 16 ha (100 rai) in 2008
In response to high demand from local farmers, in 2008 the company expanded nursery capacity to produce 1 million seedlings annually. High quality Univanich planting material is now contributing to higher yields for Thailand’s oil palm growers.
Prospecting for New Land
Univanich managers inspecting new land which was formerly used
for rice growing
During 2008, Univanich purchased 88.16 ha (551 rai) at a new location approximately 200km from the company’s HQ in Aoluk. It is planned to increase this area to 240 ha (1500 rai) during 2009, for future development of the company’s fourth site.
2008 Oil Palm Replanting Programme
2008 replanting in Chean Vanich Estate
During 2008, the company replanted another 224 hectares (1401 rai). Since starting the annual replanting programme in 1992, 63% of the company’s estates have been replanted with a new generation of high yielding hybrid palms.
2008 Oil Palm Irrigation Project
Installing new irrigation systems in a 2008 oil palm breeding trial
Each year Univanich installs new trials to test the latest generation of hybrid seedlings in both irrigated and non-irrigated conditions. This programme is designed to identify yield responses of different hybrids under both high and low rainfall conditions.