Located on the island of New Britain in Papua New Guinea (PNG), Dami Oil Palm Research Station is the centre of plant breeding for New Britain Palm Oil Limited (NBPOL), a long established highly successful oil palm plantation business.
Dami has over the years developed an enviable reputation worldwide for the supply of well proven, consistent, high performance seed for the oil palm industry.
Dami seeds are planted throughout South East Asia, South and Central America, Africa and the Pacific Region, with excellent performance even in low rainfall environment. Joint ventures in Colombia and Indonesia have further consolidated Dami as a major seed producer.
From 2008 to 2012, Dami enjoyed an unbreakable streak of increasing sales. The sales however took a dive in 2013 according to the NBPOL’s 2013 annual report.
“Our Dami research facility is one of the world’s leading seed producers. In 2013 we sold 6.86 million seeds against a budget of K14 million and against the 14.74 million seeds sold in 2012. Of this, 5.17 were sold overseas in 8 different countries whilst the balance of 1.69 million seeds were for internal use and within PNG.
“This was the first drop in seed sales in the last 5 years and can be attributed to lower palm oil prices and production volumes and the marked depreciation of some Asian currencies against the USD.
“These were some of the factors that lead to plantation companies deferring their replant programs and development plans which in turn impacted on seed sales.
“In 2013 the Dami Seed production unit successfully maintained its re-certification of ISO 9001:2008 Quality Management Systems giving assurance to our customers of Dami’s reputation as a producer of high grade, elite oil palm planting material” Antonio Monteiro de Castro Non-executive Chairman of NBPOL says.
Management envisages seed sales to be potentially positively higher in 2014 if palm oil prices pick up and production returns to normal thereby encouraging plantation companies to restart their replanting and development programmes.