Jatropha Curcas, also known by its more common name of Physic Nut, is a toxic fruit commonly found in Myanmar, India, many parts of Africa and South America.
It is a drought resistant perennial plant. The oil extracted from its seeds is an alternative feedstock for bio-diesel, a form of bio-fuel. The plant can grow at a very fast rate even under harsh soil and weather conditions from stem cuttings or seeds. Seed production can take place within two years of planting and will continue for up to 50 years.
Jatropha seeds
Jatropha at fruiting stage
Jatropha plant used in the
production of biodiesel
Jatropha Plantation
Farmers harvesting jatropha seeds
Jatropha Oil
The strategic move towards bio-diesel
The government of Myanmar has announced publicly its national program to plant 7 million acres of Jatropha Curcas over the next decade. It has also achieved initial success in planting more than a million acres of Jatropha over the past few years. Through its associated companies in Myanmar, YSH has been able to tap into this unique opportunity.
On 22 February 2007, YSH entered into a conditional sales and purchase agreement to acquire 52.86% of Plantation Resources Pte Ltd (“PRPL”) a Singapore registered company possessing the rights to manage and market the produce from a 100,000 acre Jatropha Curcas plantation in the Ayerwaddy Division of Myanmar, known as the Maw Tin Estate.
The proposed acquisition is a strategic initiative to produce critical upstream feedstock to meet the tremendous demand for bio-diesel in the ensuing years to come and has laid the groundwork for YSH to become a major player in the plantation of Jatropha Curcas.
The resolution was passed at an Extraordinary General Meeting conducted on 10 September 2007. YSH’s interest in PRPL has since increased from 52.86% to approximately 59.67% of the enlarged share capital of PRPL.
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