Processing

Frinsa Now Third Largest Processor In Spain

Galicia based tuna manufacturer, Frinsa, is now the third largest canned tuna processor in Spain after Jealsa Rianxeira and the Calvo Group. With a 15.3 percent annual turnover increase from...

Soft Demand Relaxes Global Skipjack Market

Further weakening has hit the Bangkok skipjack market this week, with a modest decline in prices occurring. While only a slight decrease from levels last month, Thai traders that have already...

Conservas Campos Launches 2014 Commercial

Spanish canned tuna brand, Conservas Campos, has released a new commercial for this autumn, prompting its Ecuadorian consumers to stay with Campos tuna. The commercial, titled ‘Yo Me Quedo Con...

12 Laid Off Tuna Workers Rehired By Loining Plant

Twelve employees that were laid off by Citra Mina Seafood Corporation have been issued with a Return-to-Work Order (RTWO). The GenSan workers filed a case with the National Conciliation and...

Thai Union Buys Norway’s #1 Sardine Canner

It’s the second time in just one month that Thai Union has snapped up assets to expand its business. Today, TUF announced that it has entered into an agreement to acquire 100 percent of...

Future Tuna Import Tariff Ecuador Still Unknown

Despite Ecuador sealing a deal that allows the nation to join Peru and Colombia in a trade agreement with the EU, the future tariff rate stamped on its canned tuna is still unknown. Will...

Century Shares Break Out Of No-Movement

Century Pacific’s (CNPF:PM) share value is finally showing some positivity for investors, as the stock shows some movement again after a steady two months of very little activity. A recent 3.7...

TUF Reduces Processing Waste To Only 0.07%

Thai Union Frozen Products (TUF) has revealed that throughout 2013, only 0.07 percent of its whole round tuna “was disposed as wastewater sludge to landfill;” an impressively small amount. All...

Will Maldives Canners Survive The EU Tariff Rise?

As of January 1st 2014, the Maldives was pulled from the list of least developed nations in the EU’s General Scheme of Preferences (GSP). With this, the Asian island nation was stripped of its...

Philippine Tuna Processors To Hit Middle East Market

The Philippines attaché to the United Arab Emirates (UAE) has said there is a USD 2 billion food market in the Middle East waiting for Filipino producers of fresh and processed tuna. Speaking...

TUF Stock Reaches New 2014 High

Thai Union’s (TUF:TB) share value has seen dramatic fluctuation in recent months, with little evidence of sustained strength. However, with stock price reaching its highest level since the...

Thai Union Buys EU 4th Largest Salmon Smoker

Bangkok-based Thai Union Frozen Products (TUF:TB +0.35%) is expanding into the chilled seafood market, and is set to buy French MerAlliance, a European-scale smoked salmon producer. The deal...

Alliance Shares Fall After August 1st Peak

  After Filipino tuna processor Alliance Select Foods escalated on the Philippine stock exchange on August 1st, its share value has since fallen a significant 13 percent. A considerable...

Labor Unions To Campaign During Gensan Tuna festival

The International Transport Workers’ Federation (ITF) and the International Union of Food, Agricultural and Hospitality Workers (IUF) have voiced their disappointment at the hostile treatment...

Stock Of Tropical Canning Showing 90 % 1-YR Return

The share price for Tropical Canning has soared on the Bangkok Stock Exchange, with a dramatic increase to its highest level in five years. After high trading activity, with just below 20...

TUF Confirms Interest In Buying Bumble Bee

It seems the rumors were true – Thai Union’s President and Chief Executive, Thiraphong Chansiri has confirmed that the company has deep interest in acquiring Bumble Bee Foods. According to...

Is Bolton Preparing Itself For Bumble Bee Takeover?

Possible Italian bidding party in the USD 1.5 billion Bumble Bee auction, Bolton Group, has recently added 24 year old Leone Manfredini to its Board of Directors as Administration Consultant....

Consorcio Launches Tuna Fillets In Brine In Italy

Spanish tuna canning company, Consorcio, has announced the launch of new ‘natural’ fillet tuna in jars, in all large retail outlets throughout Italy. The new product, packaged in glass jars...

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