The coconut industry in the Federated States of Micronesia is looking to rejuvenate itself with a focus on biofuels. "And really our main objectives are number one, create this socioeconomic opportunity across the value chain, particularly at the outer island level, and number two, build a strategy that will be attractive to outside investors to help us achieve that sustainability over time," said Olivier Wortel of Vital-FSM PetroCorp.

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