News

Abaca fiber is extracted from the stems of the banana plant using a decorticator. DLPC’s technology turns the fiber into composites that can replace up to 40 percent of conventional plastics in ...
fiber development officer Brent Baltazar Marbella discusses the history and cultural value of the abaca industry during a two-day workshop at the National Museum of the Philippines-Bicol in Daraga ...
In the Bicol Region, Catanduanes leads in fiber production, making 81 percent of all abaca produced in the region, followed ...
THE Philippine Fiber Industry Development Authority (PhilFida) is mulling over regulating the entry of imported fibers, particularly abaca ... skills in handling natural fibers.
The abaca fiber industry is expected to gain importance over the forecast period driven by the rising impetus towards the adoption of natural fibers. Superior performance and strength offered by ...
"We will request that the Bangko Sentral ng Pilipinas reconsider its decision to remove abaca fiber from Philippine banknotes, given [its] impact on the livelihood of millions... We will also urge the ...
THE Department of Agriculture (DA) said on Sunday that it will seek to reverse a central bank decision halting the use of abaca fiber in Philippine banknotes. “We will request that the Bangko Sentral ...
The global abaca fiber market is anticipated to reach USD 2.32 billion by 2030. The market is projected to grow at a CAGR of 15.2% from 2025 to 2030. Growing emphasis by governments across various ...