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December 23, 2015

India

Falcon Marine Exports Plans Shrimp Farming Expansion

 

Shrimp distributor Falcon Marine Exports has announced a plan to vertically integrate its operations in the state of Odisha.  According to the plan, it will set up a modern shrimp feed mill, hatchery and processing plant to serve a wide-range of international customers that includes Costco, Sysco, Darden, Red Lobster, US Food Service, Pacific SeaFoods and Marubeni Corporation.

 

The feed mill will have an estimated capacity of 60,000 metric tons a year; the hatchery will be able to produce 120 million postlarvae a year; and the processing plant will be able to handle 100 tons of whole shrimp a day.

 

According to Falcon’s Chairman Tara Ranjan Patnaik, the company wants to have complete control over its shrimp farming operations, from feed to final distribution.  Falcon already owns four processing facilities and boasts an annual production capacity of around 18,000 metric tons of processed shrimp products a year.

 

Under the expansion, Falcon plans to increase its farmed shrimp production to around 30,000 metric tons a year.

 

The company’s Executive Director Partajeeth Patnaik said Falcon will pursue Aquaculture Stewardship Council Certification for its farms and feed plant to go along with its existing four-star Best Aquaculture Practices Certifications and its British Retail Consortium Certification, International Featured Standards Certification and ISO 22000 Certification.

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  Indian Shrimp Exporter Falcon Marine Expansion Targets 65% Production Increase by 2018.  Michael Ramsingh (phone 1-732-240-5330, email michaelramsingh@seafood.com).  December 23, 2015.

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