SL Agritech Corporation
Encyclopedia
SL Agritech Corporation (SLAC) is the leading research development and production of superior hybrid rice company in the Philippines
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It is a subsidiary company of Sterling Paper Group of Companies which was founded by Henry Lim Bon Liong
in 1998. Inspired by the way China solved its food shortage and becoming a surplus exporter afterwards, Henry obtained assistance of Prof. Yuan Long Ping to develop a hybrid rice that would suit the farming conditions in the country. Its primary purpose is to promote the development , commercialization, and growth of hybrid rice technology as well as bring employment and entrepreneurship to the rural areas in the country.
From its former land provided by the government of Laguna, it is now in the 40-hectare land in Santa Cruz, Laguna
, serving as its research and breeding complex. In April 2000, its first hybrid rice seeds were harvested (Mestizo A line and F1 Mestizo hybrid rice seeds). Its production led to an agreement between SLAC and the Department of Agriculture through the representation of PHILRICE. SLAC then established its first major seed production base at Banaybanay, Davao Oriental
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The development of hybrid rice SL-8 in 2002 marked the business growth of SLAC. It is now the major distributor and exporter of hybrid rice throughout the country and to other countries like Malaysia, Singapore, and Indonesia.
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
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It is a subsidiary company of Sterling Paper Group of Companies which was founded by Henry Lim Bon Liong
Henry Lim Bon Liong
Henry Lim Bon Liong is the chief executive officer of Sterling Paper Group of Companies, S.P. Properties, Inc., SL Agritech Corporation as well as a member of the governing council of the Philippine Council for Agriculture, Forestry, and Natural Resources Research and Development .-Early life:Born...
in 1998. Inspired by the way China solved its food shortage and becoming a surplus exporter afterwards, Henry obtained assistance of Prof. Yuan Long Ping to develop a hybrid rice that would suit the farming conditions in the country. Its primary purpose is to promote the development , commercialization, and growth of hybrid rice technology as well as bring employment and entrepreneurship to the rural areas in the country.
From its former land provided by the government of Laguna, it is now in the 40-hectare land in Santa Cruz, Laguna
Santa Cruz, Laguna
Santa Cruz is a 1st class urban municipality in the province of Laguna, Philippines. It is also the capital town of the province of Laguna. According to the latest census, it has a population of 101,914 people in 19,627 households and with a growth rate of 1.37%)...
, serving as its research and breeding complex. In April 2000, its first hybrid rice seeds were harvested (Mestizo A line and F1 Mestizo hybrid rice seeds). Its production led to an agreement between SLAC and the Department of Agriculture through the representation of PHILRICE. SLAC then established its first major seed production base at Banaybanay, Davao Oriental
Banaybanay, Davao Oriental
Banaybanay is a 2nd class municipality in the province of Davao Oriental, Philippines. According to the 2000 census, it has a population of 33,714 people in 6,448 households.-Barangays:Banaybanay is politically subdivided into 14 barangays.* Cabangcalan...
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The development of hybrid rice SL-8 in 2002 marked the business growth of SLAC. It is now the major distributor and exporter of hybrid rice throughout the country and to other countries like Malaysia, Singapore, and Indonesia.