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United Tropical Fruit

Mango Prices in the U.S. Hit Unprecedented Levels

The U.S. relies on mango imports primarily from South America during the winter months. Mango production in Peru and Ecuador has been significantly impacted by the El Niño phenomenon, which led to elevated temperatures during the critical flowering stage and thereby exerted a detrimental effect on overall yields. A compounding factor exacerbating the challenges faced by the Peruvian mango industry is the decline in production within the Áncash region which has caused significant economic losses within the sector, as reported by the Service for Comprehensive Rural Development (Sedir). Furthermore, the escalation in cultivation input costs, soaring by 200%, has added an [...]

Mise à jour des actualités de janvier 2024

Bienvenue dans notre actualité de janvier 2024 sur Plantations International. Dans ce numéro… Nous avons des nouvelles très excitantes ! La NOUVELLE évaluation par BDO de Plantations International Plantations International rejoint le Pacte mondial des Nations Unies Plantation biologique Musang King Durian – La première au monde ! Accord de collaboration avec l'Université de Mara NOUVELLE évaluation par BDO de Plantations International ~ En novembre 2021, Plantations International Thaïlande a reçu une évaluation des revenus projetés de 270 892 231 USD de la part du cabinet international de comptabilité et d'audit Mazars. Depuis lors, nos plantations de mangues ont plus que triplé en taille.  [...]

January 2024 News Update

Welcome to our January 2024 Plantations International Update. In this issue... We have some very exciting news! Plantations International's NEW BDO Valuation Plantations International Joins United Nations Global Compact Organic Musang King Durian Plantation - World's First! Mara University Collaboration Agreement Plantations International's NEW BDO Valuation ~ in November of 2021 Plantations International Thailand received a projected revenue valuation USD 270,892,231 from the international accounting and auditing firm Mazars. Since then our Mango plantations have more than TRIPLED in size. In early January of this year the team from BDO agreed to update our previous valuation to reflect our growth. BDO [...]

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 [...]

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