United Tropical Fruit

War in Ukraine Pushes Food Prices to Record High: FAO

The surge in food prices accelerated after the Russian invasion of Ukraine in late February. Russia and Ukraine are major exporters of wheat and corn. Global food prices have hit record levels in the wake of the Ukraine war, the latest data from the Food and Agriculture Organization shows, raising concerns over food security and the conflict's impact on vulnerable populations across the world. The U.N.'s food price index rose to 159.3 in March, up 17.9 points, or 13%, from February and jumped 34% from a year ago. The index measures the monthly change in international prices for a basket of [...]

Plantations International Joins United Nations Global Compact

The Plantations International Group of Companies is very pleased to announce that is been accepted into the prestigious United Nations Global Compact. Plantations International pledges to support the Ten Principles of the United Nations Global Compact on human rights, labour, environment, and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our group, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Plantations International has [...]

Plantations International Malaysia Receives USD 440,114,454 Revenue Valuation

United Tropical Fruit Sdn. Bhd. in Malaysia, an owned subsidiary of the Plantations International Group of companies is very pleased to announce that it has received a USD 440,114,454 projected revenue valuation for its Organic Musang King Durian Plantation from a leading International accounting and auditing firm. United Tropical Fruit's Organic Musang King Durian Plantation consists of 4,500 trees and is located on a 100-acre site in the Malaysian state of Pahang and has been secured by United Tropical Fruit on a 60-year leasehold basis. Mr. Gareth Cookson, the director of operations for Plantations International in ASEAN said "We are the [...]

Plantations International Thailand Receives USD 270,892,231 Revenue Valuation

Plantations International Co. Limited in Thailand a member of the Plantations International Agroforestry Group of companies is very pleased to announce that it has received a USD 270,892,231 projected revenue valuation. The valuation drills down into Plantations International’s two core agroforestry products in Thailand which are Mango and Agarwood trees. Plantations International's projected revenue value for these two products are: Agarwood Plantations: USD 158,678,364 Mango Plantations: USD 112,213,867 The report also takes into account the present value (PV) range of its Thailand plantation assets as of September 30, 2021 giving a present value range of  USD 29.4mn to USD 33.6mn and [...]

Malaysia’s First and Only Organic Musang King Durian Plantation

The Plantations International group of companies is very pleased to announce that via its fully own Malaysian subsidiary United Tropical Fruit Sdn. Bhd. (UTFSB), it has launched Malaysia's first and only commercial-grade Organic Musang King Durian Plantation. The United Tropical Fruit Organic Musang King Durian Plantation is located on a 100-acre site in the Malaysian state of Pahang and has been secured by United Tropical Fruit on a 60-year leasehold basis.  See Plantations International's Photo Gallary Malaysia's Musang King Durian also known as Mao Shan Wang or D197 is Malaysia's most popular durian export and due to extremely limited supply levels, [...]

Agroforestry Group Not Part of Plantations International

The Agroforestry Group in Malaysia has today announced that their rebranding has been fully completed with the name change of Plantations International Agarwood Sdn Bhd to AFG Agarwood Sdn Bhd . All Agroforestry Group clients with Agarwood within Malaysia now fully fall under Agroforestry Group. Also all logos to represent the new Agroforestry Group identity. Mr. Paul Martin, Managing Director Agroforestry Group stated, "I would like to highlight that operationally there has been no impact with all our offices, banking, regulatory approvals and plantations remaining in place. More importantly, all existing client Sales and Management contracts remain unchanged and are not affected [...]

February 2021 News Update

Welcome to our February 2021 Plantations International update. In this issue... We have some very exciting news! New Representative Office in Ho Chi Minh City, Vietnam New Plantation Management Company in Malaysia Mango Plantation in Thailand on Schedule Clients Harvests Proceeds Can Now be Paid Directly into a Visa Debit Card New Tahitian Vanilla bean grow-house in Cambodia New Representative Office in Ho Chi Minh City, Vietnam ~ Plantations International is very pleased to announce the opening of a representative office in Ho Chi Minh City, Vietnam. The new representative office trades under the name of Royal Plantations Co. Limited and [...]