Yellow Pallet's Benefits
Cost Effective Transport Pallets
Yellow Pallet sells technology to produce transport pallets and blocks made of banana fiber.
Currently, these blocks are used in block pallets replacing 26 to 32 % of the wood volume of a block pallet. Thus, our Yellow-Pallet factories can offer a more cost-effective pallet than the conventional all wood pallets.
Price of sawn wood increases every year leading to higher prices of pallets every year. Over 85% of the production cost of pallets consist of the required wood. 95% of all pallets in the world are wooden pallets. Banana fiber is a logical alternative for wood in the tropics where bananas can grow and where the demand for pallets is high.
Productive banana plantations
Yellow Pallet factories offers a price to banana growers for their waste banana stems or for the part of the stem not being used for further banana production.
Alternatively, Yellow Pallet has specialised itself since 2017 in growing organically a banana variety resistant to diseases. From such a plantation 5-8 stems of 4-8 meters tall can be harvested twice a year. The capacity to produce dry fiber of such a plantation can be 4 times higher than a wooden forest.
After cutting, the stems grow both from new shoots as directly from the previous cut stems.
The handling of stems is much easier and such plantations can be developed with small holder providing social benefits.
Further research (Agrofair, CATIE, Earth University, Wageningen University and Research) is currently being executed in for instance how a mix of fruit and stems with organic farming can lead to higher economic yield per ha while improving the resistance to diseases and promoting bio-diversity.
Reduced carbon emissions
Wood for pallets in tropical area's is often imported from pine-producing countries like Chile, thousands of kilometers away. Alternatively it is harvested from the parts of the mountains sometimes destroying nature's wealth. Both methods require substantial fossil fuels to harvest and transport. Banana fiber is available in abundance next to the designated factory locations.
Melina is a wood variety growing in the tropics that can be used for pallets. It serves only 40% of the pallet need for most countries. The remainder (mostly Pine) has to be imported. Melina grows 4 times less fast than banana fiber in terms of dry-fiber quantity per hectare and wooden forests require substantial more land than banana plantations.
Royal Haskoning DHV has developed a method calculating a benefit of at least 18% reduced carbon emission compared to wooden pallets in the situation of Costa Rica, with options to further reduce the emissions.
Increased local employment
During the construction of the factory and the creation of the harvesting system employment is created for many staff of local suppliers of metals, electronics, concrete, land workers, green house construction, electrical engineers, construction engineers and architects.
During the operations of the factory both factory staff and management is actively employed in higher skilled jobs.
On the plantation more harvesters will be active to collect the stems. Small holders create plantations for stems for the factory.
The factory will will contribute to strengthening the local economy.
Yellow Pallet aims to meets the17 Sustainable Development Goals, but more strongly the following four (4) goals:
Goal 1: Poverty Reduction
Goal 8: Creation of decent work and economic growth
Goal 12: Responsible consumption and production
Goal 13: Climate Action
Banana fiber is available in abundance and some of it is going to waste. Banana fibers can be used to mass-produce pallets and pallet-blocks.
A factory with 1,74 million pallets/year replaces 30% of the wood (blocks only). This safes 48.000 Melina trees per year equivalent to 640 ha per year.
The yield of dry fiber per hectare is 4 times higher than that of a wooden forest, thus reducing deforestation