12 Apr 2005

PNG Coffee Growers Federation granted exporter status

10:18 am on 12 April 2005

Papua New Guinea Coffee Growers Federation Ltd has been granted certification as a registered Coffee Exporter by the Coffee Industry Corporation of PNG.

This marks the direct entrance of the PNG co-operatives into the global coffee market and augments its strategic international partner Coffee Pacifica's "Tree to Cup" vertical strategy.

The Coffee Exporter permit advances Coffee Pacifica's ability to efficiently meet the customers demands in the lucrative US gourmet coffee market.

The vice chairman of Coffee Pacifica, Jon Yogiyo, says that the granting of Coffee Exporter permit will immediately impact Coffee Pacifica's gross margins on sales and strengthen all aspects of their green bean supply.

He says they will now direct their resources to aggressively increase our share of the US, Canada and European coffee markets.

PNG coffee has an established market of approximately two percent of the world production.