VN to host event on rice bran oil

Viet Nam News - - BUSINESS -

HAØ NOIÄ — Vi­etä Nam will wel­come over 200 ex­perts and re­searchers from around the world to par­tic­i­pate in the fifth In­ter­na­tional Con­fer­ence on Rice Bran Oil in Haø Noiä from May 23-25.

Themed “Rice Bran Oil—The World’s Pre­mium Healthy Oil”, the sem­i­nar will dis­cuss strate­gies to pro­mote the de­vel­op­ment and util­i­sa­tion of rice bran oil and im­prove its brand­ing and trade in the in­ter­na­tional mar­ket.

This is the fifth year IARBO (In­ter­na­tional As­so­ci­a­tion of Rice Bran Oil) has or­gan­ised the con­fer­ence to pro­mote the pro­duc­tion of rice bran oil in its five mem­ber coun­tries of China, In­dia, Ja­pan, Thai­land and Vieät Nam. The event will be at­tended by rep­re­sen­ta­tives of the world’s lead­ing rice bran oil pro­duc­ers, such as Thai­land’s Med­i­food, Ja­pan’s Tsuno and Oryza groups, and more.

Rice bran oil is one of the best oils for health, widely used in many coun­tries such as New Zealand, Aus­tralia, Ja­pan, South Korea, the US, In­dia as well as the EU. The oil is extracted from the bran layer within six hours of be­ing separated from rice grains to pre­serve valu­able an­tiox­i­dants such as Gam­maOryzanol, Phy­tos­terol and Vi­ta­min E.

The mem­ber coun­tries of IARBO have great po­ten­tial to pro­duce the oil, gen­er­at­ing ad­di­tional value for rice. Cur­rently, 90 per cent of global rice out­put is pro­duced by Asia. In­dia is cur­rently the world’s largest rice pro­ducer, ac­count­ing for 75 per cent of the global out­put, fol­lowed by China and Ja­pan.

In Vieät Nam, Wil­mar Agro Viet­nam Ltd has in­vested in two rice oil ex­trac­tion plants in the Mekong Delta, with a to­tal ex­trac­tion ca­pac­ity of up to 1,200 tonnes of crude rice per day. This is the largest plant in the coun­try in terms of ex­trac­tion, pro­vid­ing large quan­ti­ties of crude oil for do­mes­tic and foreign mar­kets.

Caùi Laân Oils and Fats In­dus­tries Com­pany, which owns re­fined rice oil brand Sim­ply, said its re­fin­ery re­quired mod­ern ma­chin­ery and ad­vanced tech­nol­ogy to keep in­tact the nu­tri­tion of Gamma-Oryzanol and bal­ance fatty acid groups in rice oil. The com­pany’s prod­ucts are mainly ex­ported to China, Ja­pan, Europe and the Mid­dle East as well as partly sold in the do­mes­tic mar­ket.

Es­tab­lished in 2013, IARBO is a non-profit, non­govern­men­tal or­gan­i­sa­tion. Its mis­sion is to con­nect man­u­fac­tur­ers, re­search in­sti­tutes, uni­ver­si­ties and con­sumers to pro­mote the pro­duc­tion and con­sump­tion of rice in the world.

At this year’s con­fer­ence, IARBO held the first rice re­search com­pe­ti­tion, with a to­tal prize of US$21,000 for stu­dents. In ad­di­tion to the in-depth re­ports, the con­fer­ence also fea­tured hun­dreds of booths dis­play­ing val­ueadded rice and rice bran prod­ucts. — VNS

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