Pontmain Resources Inc. , a duly organized corporation, is engaged in the coconut husk
processing business, an agri-business venture that involves the extraction of coconut fiber
and dust or peat from coconut husks and the processing of these raw materials into
downstream coco fiber and dust products. The company started its commercial operation
in March 1999.
Pontmain Resources is registered with the
Board of Investments (BOI) as a New Export Producer of Coco Fiber
Products and Coco Dust Products on a Non-Pioneer Status under the Omnibus Investments Code of 1987 (E. O. 226). The company is duly licensed as a coconut fiber manufacturer and exporter by the Fiber Industry and Development Authority. It is also a producer of fortified organic fertilizer which is registered with the Fertilizer and Pesticide Authority (FPA).
The company provides development to the countryside as it not only gives value to coconut
husks which are only regarded as waste and usually thrown away but also provides much
needed employment in a rural area as well as earns foreign currency for the country since
a major portion of the products is exported.
The coconut farmers are the beneficiaries of this project since they derive additional income from coconut husks which are bought by the company. Instead of being thrown away or sometimes burned by farmers which is detrimental to the environment, the coconut husks are now given value by the company, thereby helping coconut farmers not only earn additional income but also dispose of coconut husks.