Thursday, August 9, 2007

History

Realizing that the tobacco industry is already a thing of the past, visionary leaders from the North dreamt of restoring the agricultural height in the Ilocos region. With the development of coconut as an exportable coco methyl esters (CME), they thought that the coconut industry may thrive and flourish in the North as a feasible, economic, viable and sound investment.

In 2005, a group of dedicated businessmen and CME advocates through the guidance of said Ilocano leaders, organized the Bio-Energy NL Inc. also known as BENLINC with a remarkable outstanding capitalization in the amount of Sixty Five Million Pesos (P65,000,000.00).

The coconut development project spearheaded by BENLINC is the first, and the pilot coconut program in the north covering the provinces of Ilocos Norte, Ilocos Sur, Cagayan and Aurora. Nevertheless, the procurement activities will cover all coconut-growing areas in Northern Luzon, outlying islands in southern Luzon and the Visayas

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