The Quang Ngai CinnamonEssential Oil JSC funded the facility, costing more than 44 billion VND(2 million USD), and plans to spend some additional 20 billion VND(930,232 USD) to improve local plantations.
Thefactory is capable of producing 80 tonnes of oil each year, requiring10,000 tonnes of materials including the tree’s leaves and twigs. Thematerials are purchased from farmers through the company’s agencies for2,800 VND (0.13 USD) per kilogramme.
After theoil-extracting process, discarded matter will be used to make organicfertilizers and incense powder, preventing unnecessary waste.
Quang Ngai ranks second nationwide in cinnamon plantation area with7,000 hectares. If the trend of plantation expansion by 80-100 hectareseach year continues, it will reach approximately 16,000 hectares in2020.-VNA