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TUF reveals expansion plans in India

THAILAND
Monday, April 27, 2015, 00:10 (GMT + 9)

Global seafood company Thai Union Frozen Products (TUF) plans to open a new shrimp processing plant in India through a joint venture formed with Indian firm Avanti Feeds. Referring to the expansion plan, TUF president Rittirong Boonmechote voiced the firm’s intention to hold a higher stake in India through the new venture with the Indian firm, of which it already owns a 25.1-per-cent stake. Firm sources consulted by FIS.com explained the new shrimp plant will have a production capacity of 15,000 tonnes per year, compared with 8,000 tonnes per year at the existing plant running under Avanti Feeds. The initial investment to carry out the expansion plan will require an investment from USD 10 million to USD 20 million, The Nation informed. The Indian shrimp feed and frozen shrimp processor and exporter reported total revenues of TBH 8.89 billion (USD 273 million) in ... FULL STORY

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Researchers call to consider carbon footprints in seafood eco-labelling
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A new study has led researchers to call for a review of seafood ‘eco-labels’, which currently exc... FULL STORY
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Seafood landings fall 10.8 pc in the first quarter
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Seafood landings decreased by 10.8 per cent in the first quarter of this year compared with the same period of... FULL STORY
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Apr 24, 21:10
Fresh salmon export volumes for week 16 are up 2,224 tonnes from week 15 and up 5,931 tonnes compared to week ... FULL STORY
Canada
Land-raised Atlantic salmon makes headway into the market
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A year after being launched into the market, KUTERRA Land Raised™ Atlantic salmon has shown it is possib... FULL STORY

Thailand
Indonesia Govt intends to aid Thai fishing sector
Apr 24, 23:50
Amid the European Union (EU)’s deadline for Thailand's fisheries industry to combat illegal fishing, Thai authorities decided to accept Indonesi... FULL STORY

Australia
Rock lobster fishery recognised as pioneer in sustainabilty certification
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Emergency protocol activated due to volcanic eruption and salmon movement allowed
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Apr 25, 03:20 (GMT + 9):
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Apr 25, 03:10 (GMT + 9):
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Apr 25, 02:40 (GMT + 9):
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Australia
Apr 25, 02:40 (GMT + 9):
IN BRIEF - Customs nabs notorious illegal fishing boat
Canada
Apr 25, 02:40 (GMT + 9):
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Thailand
Apr 25, 02:40 (GMT + 9):
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Lenguaje
FEATURED EVENTS
  
TOP STORIES
Govt encourages fishing sector to take advantage of current benefits
Namibia Considering the advantageous situation the Namibian fishing industry is experiencing at present Minister of Fisheries and Marine Resources urged the whole sector to create fuel reserves and invest in their operations.
Land-raised Atlantic salmon makes headway into the market
Canada A year after being launched into the market, KUTERRA Land Raised™ Atlantic salmon has shown it is possible to produce a high-quality, sustainably farmed premium salmon using very little energy, water or land, without antibiotics or pesticides.
Researchers call to consider carbon footprints in seafood eco-labelling
New Zealand A new study has led researchers to call for a review of seafood ‘eco-labels’, which currently exclude consideration of the substantial carbon footprint left by the seafood industry.
New anti-shrimp pesticide permit granted to oyster growers
United States Shellfish growers from Washington state have been granted a permit for use of a common household pesticide to combat a growing population of burrowing shrimp in Willapa Bay and Grays Harbor.
 
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