ICOA Newsletter 2024 September
Hi all, I’ve been asked this month to provide you a report on the U.S. economy. I promise not to bore you with facts and
Committed to growing, processing, trading, marketing and/or consuming Castor Oil
Hi all, I’ve been asked this month to provide you a report on the U.S. economy. I promise not to bore you with facts and
Dear Members and Followers of the ICOA, The holiday period is starting soon in Europe, so sellers in India might face a quieter period from
Castor Market Prediction – April 2024 I hope this correspondence finds you well. I am writing to provide a formal overview of the current and
The International Castor Oil Association (ICOA) is an organization whose members are involved in growing, processing, trading, marketing and/or consuming Castor Oil. The main aspirations of the ICOA are the improvement in the agronomic conditions of castor beans, the development of new applications for castor oil and its derivatives and the dissemination of information to its members and the industries they serve.
Castor can be grown on almost all types of well drained soils. It adapts well to arid and semi-arid climate, but cold & temperate regions are not suitable for profitable castor cultivation. Castor is grown in countries such as India, Brazil and China. Since the 1980’s, India commands the leading market share of over 88%. China has around 6% share followed by Brazil at 3%.
Castor oil is extracted either by hot pressing or cold pressing to extract the initial oil content. The remaining oil content is extracted using a solvent extraction technique typically involving n-hexane as the solvent. The oil is refined and packed for dispatch in liquid form. The leftover extracted solid is known as de-oiled cake.
Castor beans, contain a toxic enzyme called ricin. However, the heating process that castor oil undergoes deactivates it, allowing the oil to be used safely. Castor oil has a number of medicinal, industrial and pharmaceutical uses. Today, castor oil remains a popular natural treatment for common conditions like constipation and skin ailments and is commonly used in natural beauty products.
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The ICOA 2024 Annual General Meeting will be held in Copenhagen, Denmark.
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International Castor Oil Association
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