Axelum Resources Corp. with its main factory located in Medina, Misamis Oriental has just closed a deal to supply organic coconut milk product to an international skin care product manufacturer. The initial order for export covers 170 metric tons.
In a disclosure at the Philippine Stock Exchange, publicly listed Axelum stated that the organic coconut milk powder will be used as an ingredient by the said unnamed firm. View screenshot of portion of press release below.
Download the press release HERE.
Axelum is one of the major supplies of Vita Coco, the global leader in coconut water. Other major products for export include desiccated coconut, coconut milk/cream and a lot more other coconut products.
Axelum owns two major distribution facilities in the US and Australia. It’s products are widely distributed in major markets around the world such as the United States, Canada, Australia, New Zealand, Europe, Middle East, Japan and some other Asian countries.