Introduction
TFS manages the largest sustainable supply of Indian Sandalwood (Santalum album) in the world. In addition to this species, TFS currently offers a sustainable supply of WA Sandalwood (Santalum spicatum) oil and wood products for the global market.
Despite being several years from harvest, TFS has signed forward supply agreements for some of its Indian Sandalwood (Santalum album) resources. Leading global company Lush - Fresh Handmade Cosmetics and French company Albert Vieille already have agreements in place.
Mt Romance is a supplier to the global fragrance industry with a customer base ranging from Asia and the Middle East to the USA and Europe.
In 2009 TFS announced a multi-million dollar agreement to supply up to 3 tonnes of Indian Sandalwood (Santalum album) oil to ViroXis Corporation for the development of its botanical drug, albuterpenoids. The long-term supply agreement is conditional upon ViroXis gaining regulatory approval for commercialisation of albuterpenoids.
TFS believes that the pharmaceutical sector will become an important driver of future demand for Indian Sandalwood (Santalum album) as well as historical markets throughout Asia and the world.
For further information on the TFS or Mt Romance Products contact:
Mario Di Lallo
Head of Global Products
Sandalwood Products Division
Email mario@tfsltd.com.au
Tel +61 (0) 8 9386 3299
To learn more about TFS and Mt Romance refer to the Mt Romance website.