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Coco Corporation formed in Lopez, Quezon

Coco Corporation formed in Lopez, QuezonA group composed of civic-minded citizens of Lopez municipality, Quezon province initiated to form a business corporation with coconut as its principal material. Unified by a compelling desire to take immediate action on the poverty situation of the coconut farmers, the business organization is molded along the “Whole Coconut Concept.” A truly community-based business, it harnesses the will and scarce resources of the community to meet and complement external initiatives to improve the industry, and hasten the realization of benefits by the farmers of Lopez and neighboring communities.

Formal discussions to form the corporation began February. Initial capitalization is being provided by just a small group of individuals. The business is envisioned to generate capital from farmer-suppliers who, by supplying the raw materials to the business, contribute and gain financial rewards that are credited as their capital contribution to the business. The farmer-suppliers will eventually own 50% of the capital stock of the corporation. The original investors and other institutional investors that may include PRRM, the PRRM Chapter in Quezon, and the NIUGAN will share the other half.

Coco Corporation formed in Lopez, QuezonWhy coconut? The Philippines is ranked third in world coconut production, accounting for 23% of the total world produce. It is the world leader in coconut oil production, supplying 64% of global requirement. It is among the top exporters of coconut by-products, such as copra, desiccated coconut and other oleo-chemicals. Coconut-derived products are major income generators and contribute immensely in fueling the Philippine economy.

And yet, the lives of coconut farmers who nurture this very valuable resource remain very difficult – around 90% of coconut farmers live below the poverty line! Declining output and productivity, low quality products and low farm gate prices, low value utilization and inadequate diversification, and inadequate infrastructure and R&D support and funding are the major factors contributing to the industry’s illnesses.

Now on its second month of “Phase 1 test run”, the Lopez-PRRM CocoTech Industries, Incorporated is into the production of White Copra, Virgin Coconut Oil, Natural Coco Vinegar, Health and Beauty Soap, and metallic Charcoal in its natural and briquetted forms. Its processing facility is located at Barangay Canda-Ylaya in Lopez, Quezon; a few meters from the National Highway right before kilometer post No. 219.

Last 27 May 2008, PRRM President Ding Navarro visited Lopez, Quezon to see first hand the coco processing plant. With him was PRRM Quezon manager Amor Cabico. Adelmo Arandela, NIUGAN Quezon president and one of the 5 incorporators, briefed President Navarro on the operations of the processing facility. President Navarro saw on-going white copra preparations and charcoal making.

Coco Corporation formed in Lopez, QuezonNIUGAN municipal leaders from Perez (Alabat Island), Tagkawayan and Calauag also were present. During the discussions, coconut leaders from Tagkawayan and Calauag vowed to encourage their farmer-members to actively participate in the Lopez-led project by bringing their coconut produce to the site.

Once the company would have generated sufficient earnings – enabling it to declare modest dividends to its investors, accumulate capital to place an order for the fabrication of a hammer mill, mini oil expellers, atmospheric refineries and other appurtenances – it will process its own white copra to high-grade refined coconut oil that meets international quality standards for both the edible and oleo-chemical oils.

It will launch a Livestock Production business among its coconut farmer-owners supported by the animal feeds production out of the “waste products” from its copra milling and VCO production. By this time, the company would have generated also sufficient capital to acquire mobile decorticators to extract peat and fibers from coconut husks – creating livelihood opportunities at the household level where men, women and children can productively engage in fiber twining and handicraft production.

  • Hi!

    We are looking for desiccated coconut and hoping COCO CORPORATION can supply to us.

    If it is available, kindly contact us.

    Andy Albao
    Business Manager

    ANDY ALBAO ENTERPRISE
    COCOWONDER Division
    HEAD OFFICE:
    9065 Hormiga St. Corner Tanay St., Brgy. Valenzuela, Makati City, Philippines 1208
    Tel. (632) 9982878, 5057253, 8951061, Fax. (632) 8950772
    Mobile. 0917-9215490, 0922-8438766
    Email:cocowonder88@yahoo.com
    Website:www.cocowonder.multiply.com

  • Mary joy isidro

    hi.

    I am looking of fresh green coconut supplier. at least 600,000 green coconut per day. 4.2M everyweek. but provide 600k everyday.. give me good price

  • maricel

    hi
    do you make or produce coco sauce and coco bars ifit is available can you contact us at email loceliberedo@yahoo.com and mobile no 09354628795

  • Eleonor Garing

    hi, we can supply 3000 pcs weekly of fresh matured husked coconut direct from Quezon province. please contact us at garingeleonor@gmail.com or 09194853532

  • Mark Lumbre

    hi we buy coconut shell.50tons monthly pls contact me 09326847896

  • Mark Lumbre

    hi, ms mary joy isidro call me para sa supply mo,09326847896

  • jhingbrokenhart

    Hi we are looking for Copra supplier. Please contact me @ 09273325654 or email me at jhingbrokenhart@gmail.com..thanks

  • Hermon River

    Looking for Coconut oil Supplier.

  • nats flor

    Industrial Kraft Paper Bag Supplier
    (Food Grade Packaging for Desiccated Coconut)
    25 lbs, 50 lbs, 25 kgs and 100 lbs
    X-trade Paper & Packaging Co., Inc./SolidBag Packaging Corp.
    natz.xtrade@gmail.com / 09173167959

  • jaz

    hi sir, you may contact me for your need 09994926846. thank you. Jaz

  • jaz

    hi ma’am, we can supply your demand po please contact us 09994926846. this is Jaz thank you

  • Ma Arlene M Quisao

    hi looking for coconut charcoal at least 60 tons evry two mos,

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