Logo of Phnom Penh Post newspaper Phnom Penh Post - Canada’s AREV sets up permaculture operation near capital

Canada’s AREV sets up permaculture operation near capital

Canada’s AREV sets up permaculture operation near capital

AREV Cambodia Brands Inc has begun the first phase of a permaculture operation near Phnom Penh, according to a February 22 press release from its parent company, Toronto-listed AREV Nanotec Brands Inc (AREV).

AREV said the 20ha operation “will support the development of the raw materials for product innovations in development for introduction to market” in the third quarter of this year.

“Our first product category is a Ready-to-Use Therapeutic Food or ‘RUTF’. Several ingredients will be produced using AREV’s proprietary extraction methodologies, including selected fungi that will be used in ‘SUS-TAINN’ [Superior Utility Supplementation Therapeutic Agent for Indicated Nutritional Needs], our branded RUTF formulation.

“Mycelium are a known source of sustainable protein, which has been neglected in the development of other RUTF formulas currently distributed in significant volume in resource poor settings by numerous public health commodity procurement agencies.

“Examples include the World Food Programme and USAID utilising RUTFs to address severe and chronic malnutrition, a condition that exacerbates pandemic diseases and associated co-morbidities.

“[RUTFs] are designed for specific, nutritional, therapeutic purposes, are composed of a mixture of protein, carbohydrate, lipid, and vitamins and minerals. The primary examples of therapeutic food use are emergency feeding of malnourished children and supplementing the diets of persons with special nutrition requirements,” the Vancouver-based firm said.

AREV CEO and director Mike Withrow said in the release: “We continue to build and secure our supply chain ingredients for use in our formulations.

“This is critical to ensure we have quality ingredients and reliable access to raw materials to be extracted into the key products we are developing to address malnutrition in the context of the increasing viral pandemics of our contemporary world.

“Our development with the Phnom Penh agriculture initiative to cultivate mycelium for the market introduction of SUS-TAINN will ensure that the raw material sourcing is not subject to the dramatic price fluctuations consistently demonstrated across international commodities markets.”

And AREV senior scientific adviser Roscoe M Moore said in the release: “Unlike the majority of other RUTFs on the market, AREV Nanotech’s SUS-TAINN is being developed to address the disparities in current therapeutic strategies to address chronic and severe malnutrition in resource poor settings.

“Too often international humanitarian agencies cannot adjust their procurement strategies based on fluctuating capital structures that determine access to essential public health commodities.”

AREV added: “RUTFs are energy-dense, micronutrient-enriched pastes that have a nutritional profile similar to the traditional F-100 milk-based diet used for inpatient therapeutic feeding programmes and are often made of peanuts, oil, sugar and milk powder.”

On the Canadian Securities Exchange, AREV’s share price fell by C$0.03 (2.38 US cents) or 7.46 per cent to close at C$0.31 (US$0.25) on February 23 for a market capitalisation of C$5.257 million, with 294,393 shares traded.

MOST VIEWED

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Hun Sen: Stay where you are, or else

    Prime Minister Hun Sen warned that the two-week lockdown of Phnom Penh and adjacent Kandal provincial town Takmao could be extended if people are not cooperative by staying home. “Now let me make this clear: stay in your home, village, and district and remain where

  • Businesses in capital told to get travel permit amid lockdown through One Window Service

    The Phnom Penh Municipal Administration has issued guidelines on how to get travel permission for priority groups during the lockdown of Phnom Penh, directing private institutions to apply through the municipality's One Window Service and limit their staff to a mere two per cent. In

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Ministry names types of business permitted amid lockdown

    The Ministry of Labour and Vocational Training singled out 11 types of business that are permitted to operate during the lockdown of Phnom Penh and Takmao town, which run through April 28. Those include (1) food-processing enterprises and slaughterhouses; (2) providers of public services such as firefighting, utility and