The go-ahead has been given to Century Pacific Food Inc. as it increased the size of its planned April IPO. This month’s P3.32 billion (USD 73.68 million) IPO has been given the nod from the...
Processing
Saupiquet Wants To Reinvent Tuna Salads
With a fresh new range of canned tuna and vegetables, French tuna brand, Saupiquet, wants to reinvent the tuna salad. Bringing its ‘Les Saladières’ product line to the shelf, the brand that...
UK Tuna Labelling Laws To Be Tightened
UK seafood processors are to be hit with stricter labelling laws designed to improve the traceability of their products. From December this year, heightened regulations on defrosting,...
Thiraphong: Results In Line With Expectations
Thai Union is hitting its 2014 targets, as the company announces first quarter business results that have met expectations. According to Chief Executive, Thiraphong Chansiri, TUF expects...
Thai Union’s Next Acquisition In Ecuador?
President and Chief Executive of Thai Union, Thiraphong Chansiri has hinted at a possible acquisition in Ecuador. Speaking at a press conference he said that he would be spending more time...
Oceania Exporters To EU Are Underperforming – Exports Fall
After a strong 2012 revival, exports of canned tuna from Oceania nations to the EU are falling back again. With Papua New Guinea accounting for 98 percent of the region’s canned tuna exports...
Jealsa To Build New J/V Cannery In Brazil
Spanish tuna canner, Jealsa Rianxeiara, is to build a new cannery in the Sao Goncalo province of Brazil by mid-2014. The facility will be able to produce eight million cans of tuna and...
Thai Canners See Recovery Of Production Volumes
Thai canners finally seem to be recovering somewhat from the severe hit they have experienced in production volumes since their record conversion in 2010. After 2 years of dramatic decline...
MSC Skipjack Increases Thai Canned Imports In EU
A strong growth has hit the European Union’s imports of canned tuna from Thailand. Thai exporters shipped a whole 32 percent more canned tuna to the European market last year, compared to 2012...
“Chicken” Uses “Good Cause” To Stand Out On The Shelf
Chicken of the Sea has given away USD 1 million to nonprofit organizations in a bid to encourage US shoppers to reach for its canned tuna on supermarket shelves. This donation comes in place...
Ghanaian Tuna Exporter Uneasy Over Signing Of EPA
Ghanaian tuna exporter, Pioneer Food Cannery Limited, is uneasy over the signing of an Economic Partnership Agreement (EPA) with the European Union. The company is concerned about a threat to...
Adolfo Valsecchi Buys Into Generale Conserve
Former CEO of MW Brands, Adolfo Valsecchi has become a new investor in leading Italian tuna processor, Generale Conserve. The company owns ASDOMAR products, branded as “true Italian tuna...
Large Tuna Brands Missing At Alimentaria
The 2014 Alimentaria Food and Drink Exhibition will bring together a whole host of tuna canning and exporting companies to showcase hundreds of tuna products. The 2014 edition of the event is...
Century Pacific Increases Size Of April IPO
Century Pacific Foods Inc has slightly increased the size of its planned April initial public offering (IPO) to P3.32 billion (USD 73.68 million) from its original target of P3.29 (USD 72.93...
Turmoil Makes Ecuador’s Exports To Venezuela Plummet
Ecuador’s tuna and canned tuna exports to Venezuela have witnessed a sharp fall, plummeting by as much as 29 percent. From 2012 to 2013, tuna shipped from the one South American country to the...
The Asian Tiger That Shows Explosive Tuna Growth
Vietnam’s canned tuna exports to the EU have taken a huge leap and seen explosive growth of a massive 44 percent. Drastically increased demand for this Asian tiger’s low priced canned tuna has...
Opportunities Arising For Spanish Canners In Canadian Market
A looming free trade agreement between Canada and the European Union could significantly open up the Canadian market for EU tuna processors and exporters, particularly in Spain. If given the...
Canada Causes Interesting Shift In 2013 US Imports
Despite US canned tuna imports falling to a seven year low in 2013, overall, very little movements or shifts has been witnessed in shipment volumes from most origins, only a few...
Analysts: Lower Prices Will Affect TUF Margins
Despite 50 percent lower CFR Bangkok skipjack prices appearing in the first quarter of this year, Thai analysts of SCB securities have estimated that 2014 will be positive for Thai Union’s...
Canner Celebrates Key Role Of Females in Tuna Industry
Grupo Consorcio is advocating for growth in the employment of women and celebrated International Women’s Day earlier this month. The Spanish canning company has a 90 percent female workforce,...