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September 23, 2014

Ecuador

Songa Plans to Increase Production by 50%

 

To meet growing consumption in Asia and an anticipated comeback of the European shrimp market, Ecuadorian shrimp farmer Songa (Sociedad Nacional de Galápagos, C.A.), which has 8,000 hectares of ponds, is planning to increase production by 50%, or nearly 10,000 metric tons, over the next couple of years.

 

Songa harvested 19,000 metric tons of shrimp in 2013, up strongly from 11,800 tons in 2010.

 

Elisabeth Landes, the company’s administrative and financial manager, said, “Spain, in particular, is a key market, and we want to keep our presence there for the long-term.”

 

In 2013, Songa acquired two farms, totaling 1,300 hectares, from Pescanova subsidiary Promarisco.

 

Source: Undercurrent News.  Editor, Tom Seaman (undercurrent@undercurrentnews.com).  Ecuador Shrimp Farmer Plans 50% Growth to Meet Asia Demand, EU Comeback.  Alicia Villegas (alicia.villegas@undercurrentnews.com).  September 23, 2014.

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