Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Ingredients for auqaculture feed. (Photo: Ridley)

Ridley intends to boost shrimp feed ingredient sales

Click on the flag for more information about Australia AUSTRALIA
Wednesday, June 13, 2018, 02:40 (GMT + 9)

Ridley Corporation Limited has decided to appoint Investec to explore options to speed up the development of shrimp feed ingredient NovacqTM.

In the trials that were performed, this product has demonstrated a significant uplift in shrimp biomass when added to the feed at an inclusion rate of 5 per cent. The increase in biomass is derived from a combination of higher survival rates, accelerated shrimp growth and improved conversion of feed consumed into flesh, and general well-being of the crustacean.

Further potential benefits have been observed with regard to disease resistance, reduction in nitrogen outputs and a shorter harvest cycle duration.

To date, farm and laboratory trials have demonstrated performance improvements of 33 per cent+ against equivalent control diets with no NovacqTM inclusion.

Ridley highlights that significant progress has been made on the NovacqTM applied R&D project at Ridley’s current production sites, namely Yamba in New South Wales, Australia and Chanthaburi in Thailand.

In Australia several shrimp feed customers have used NovacqTM-inclusive diets on a profit share arrangement for the recently concluded Australian growing season.

In Thailand Ridley expects to include locally produced NovacqTM in the Chanthaburi feedmill diets for commercial-scale farm use in the second half of the 2018 calendar year. The firm is committed to scaling up production volumes there both in the feedmill joint venture and in the 100 per cent Ridley owned production of NovacqTM at the 14 ponds it has under long term lease and in which it is currently producing the ingredient for inclusion in local feed production.

With Thailand Board of Investment approval received in February 2018, Ridley is now looking to expand the production facility from 14 ponds to 50 ponds in the next twelve months and to commence work on a blending plant in Thailand.

NovacqTM has generated worldwide interest and Ridley has secured the exclusive rights from its research partner, CSIRO, to produce and market the additive worldwide, with the exception of China and Vietnam, where it has non-exclusive marketing rights for Australian Made Licensed Products.

To accelerate the rollout of the feed ingredient, the firm is now considering a broad range of options, including the potential for a third party investment in the ingredient.

Ridley expects that Investec will assist the company to maximise the value of NovacqTM for the benefit of its shareholders.

 
[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
Jun 22, 06:00 (GMT + 9):
IN BRIEF - Deep-Sea Corals Win Protection in Gulf of Mexico
United Kingdom
Jun 22, 06:00 (GMT + 9):
IN BRIEF - Wyred for success: Scottish salmon farm wins top M&S accolade
United States
Jun 22, 03:00 (GMT + 9):
Fishermen affected by hurricanes and fishing disasters to be granted USD 200 million
Republic of Ireland
Jun 22, 02:00 (GMT + 9):
Fire causes serious damage to processing plant
Spain
Jun 22, 01:50 (GMT + 9):
Andalusia will open striped venus clam fishery when recovery ‘guarantees’ appear
Canada
Jun 22, 01:00 (GMT + 9):
British Columbia sets new salmon farming rules
Chile
Jun 22, 00:50 (GMT + 9):
Thirty meetings held with artisanal sector to discuss 'long' fisheries bill
Norway
Jun 22, 00:30 (GMT + 9):
IN BRIEF - SalMar - Purchase of increased capacity following auction of new aquaculture licences
United Kingdom
Jun 22, 00:30 (GMT + 9):
IN BRIEF - Grimsby's Young's Seafood to lose huge GBP 30 m Asda contract
Greece
Jun 21, 23:40 (GMT + 9):
UAE fund, Amerra and Andromeda Group to acquire two Greek aquaculture firms
Norway
Jun 21, 23:10 (GMT + 9):
Norway Royal Salmon purchases farming licences for EUR 12.2m
United States
Jun 21, 23:00 (GMT + 9):
IN BRIEF - Fisheries Off West Coast States; Coastal Pelagic Species Fisheries; Biennial Specifications
United States
Jun 21, 23:00 (GMT + 9):
IN BRIEF - Icicle Seafoods brings Julianne Curry onboard as Public Affairs Manager
Canada
Jun 21, 23:00 (GMT + 9):
IN BRIEF - B.C. sets deadline for Indigenous salmon farm consent
Canada
Jun 21, 22:40 (GMT + 9):
Govt overreacts with fishery closure to protect right whale, fishermen state



Lenguaje
FEATURED EVENTS
  
TOP STORIES
SeaPak joins the Global Seafood Initiative platform
United States SeaPak Shrimp & Seafood Company a leading firm in the retail market of frozen shrimp in the United States, has joined the Global Sustainable Seafood Initiative platform as a funding partner.
NASCO adopts measures to protect salmon around the Faroe Islands and off West Greenland
European Union The North Atlantic Salmon Conservation Organisation has adopted new regulatory measures to protect salmon stocks around the Faroe Islands and off West Greenland.
Fishing deal with China would settle maritime dispute
Philippines A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.
China's retaliatory tariffs concern Alaska seafood entrepreneurs and legislators
United States Alaska’s seafood industry officials and legislators have expressed concern about the possible negative effects additional export tariffs from China may have on the state’s seafood economy as a retaliation due to the measures set by the American Government.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2018 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER