Asian firm reintroduces endangered trees to Sri Lanka

The Asia Plantation Capital has announced it is work to make sustainable supplies of agarwood trees, after working for some time on reintroducing the species to a number of countries.

Agarwood tree to be protected under new plans

Agarwood is listed as a protected species by CITES and therefore, logging of the tree is illegal, the firm said. However, illegal clearing of the wood still takes place and this activity has seen the tree become almost extinct in many countries.

"Sri Lanka has seen agarwood disappear from its natural forests and jungles. Over the last two years Asia Plantation Capital has successfully reintroduced agarwood to Sri Lanka, with the import of over 1 million saplings and seed stock from Vietnam and its own plantations in Thailand," said Asia Plantation Capital.

The firm is now joining forces with agarwood oil and product distributors in the Gulf region to ensure that the agarwood industry is as sustainable as possible.

Agarwood belongs to the Thymelaeceae family and can be found in south and south-east Asia. The trees are fast growing and can survive in poor soil.

Written by Kimberley Homer. ADNFCR-2073-ID-19642882-ADNFCR