Plantation manager aims to be top oud oil producer
Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. … The company’s plant in Trat province will be expanded to produce 280 kilograms of oud oil per annum by the end of this year from 150kg at present. It will look for more areas to grow its trees in Cambodia, Myanmar and Malaysia to supply the factory, through either management contracts or investment by the company, Andrew Steel, chief executive officer of the Treedom Group, the parent of Asia Forestry Management, said yesterday. …