WHAT WE DO
Chen Yi Agventures is the first fully integrated and sustainable rice business of this scale in the Philippines. Chen Yi Agventures came to Leyte to help rebuild the province after the onslaught of Yolanda, with the hope of uplifting its farmers from poverty and in the process, discovered a well- kept secret – that Leyte is a top rice producing region in the country. By filling a gap in the market – developing the most technologically advanced rice processing center, Chen Yi Agventures will also be the largest producer in the Visayas and Mindanao regions,integrating seed procurement, planting, farm management, harvesting and rice production.
Chen Yi Agventures is a leader in sustainable agricultural production and a major contributor to food self-sufficiency in the Philippines. Chen Yi is committed to uplifting Filipino farmers from poverty, providing Filipinos with the affordable, high quality premium rice that they deserve and protecting our environment whilst being profitable.
CHEN YI AGVENTURES RICE PROCESSING CENTER
The Chen Yi Agventures Rice Processing Center (RPC) is the most technologically advanced in South East Asia. Fully automated, the entire production process is centralized and operated from touch screen panels in a single control room. Palay is stored in various temperature controlled wet bins before and after drying by multiple high-powered biomass dryers in order to maintain its freshness. Palay is then stored in silos with temperature held constant at 21 degrees, keeping the palay freshly harvested for more than a year. Palay is electronically weighed to avoid cheating. It is pre-cleaned before drying to guarantee clean and pest-free dried paddies, ready for state-of-the art milling. The RPC deploys Japanese technology that purifies the air emitted into its the dust room, purging dust and dirt from the drying and milling process, so that only clean air is blown out into the environment.
Leveraging technology and meticulous, technically precise sorting of seed varieties, Chen Yi delivers delicious, aromatic, clean, pest and pesticide free rice to the Filipino people. Finally, consumers know where their rice comes from. From the source. Unmixed, pure, all natural.
THE RENUCCI PARTNERSHIP PROGRAM
The Renucci Partnership Program is a joint venture with Farmers by integrating key links in the value chain:
Current challenges of farmers:
- Struggle to secure inputs, lack of mechanisation: high-yielding seeds, fertilizers, transplanters, tractors, laser grader and combined harvesters.
- Limited access to post-harvest facilities, farmers are forced to sell their wet palay at a low price. With low productivity and low revenue, poverty prevails.
- Farmers and even traders have limited access to high-tech post-harvest facilities.
Through the RENUCCI Partnership program, Chen Yi organizes the farmers by providing low interest loans in kind: fertilizers, pesticides, and one kind of high yielding seed. Chen Yi also extends high-tech planting and harvesting equipment to all farmer members of the RENUCCI Partnership program, thereby increasing the quantity and the quality of their palay.
Husband and wife Patrick François Renucci and Rachel Renucci-Tan used to live the life in Paris, sipping champagne and white wine from Burgundy with a view of the Eiffel Tower from their home. They decided to give everything up to move to Alangalang Leyte. Patrick used to own and operate one of the largest printing companies in France. Rachel founded a real estate investment fund management company based in Hong Kong, Shanghai and London, advising, restructuring and managing assets of over a billion US dollars. Both passionate entrepreneurs, Patrick and Rachel knew that it was time to give back and also to revolutionize. Not in Paris, Hong Kong, Shanghai or London. But in Leyte where impoverished, debt-ridden farmers emerged hopeless from the ravages of typhoon Yolanda; in the Philippines where Filipinos who depend on rice as a basic staple consume pest and pesticide laden rice. Their Rice Revolution is not a charity.It is a profitable business that depends on poverty alleviation and the protection of the environment for its profits.