3 million acres of castor bean to be developed in China, SE Asia

January 14, 2011 |

In Singapore, Legend Venture and Home Touch Holding have started a program to develop 3 million acres over the next five years to cultivate castor in China and unnamed southeast Asian countries.  In 2011, Legend and Home Touch expect to develop 30,000 acres, as well as find investors and land.  The castor oil is known for its use in lubricants, nylon, paints and soap.  While castor oil can be used in biofuels, it has yet to be economically viable in China.

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Category: International

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