ICOA January 2025 Newsletter
by Abhay V. Udeshi, Chairman, Jayant Agro-Organics Ltd. Castor Oil Market Update: Insights for the ICOA Newsletter A very happy new year 2025! The castor
Committed to growing, processing, trading, marketing and/or consuming Castor Oil
by Abhay V. Udeshi, Chairman, Jayant Agro-Organics Ltd. Castor Oil Market Update: Insights for the ICOA Newsletter A very happy new year 2025! The castor
We are pleased to announce that the next ICOA Annual General Meeting will be held 13-15 May 2025 in Seoul, South Korea. We have chosen
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
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
ICOA
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