February 12, 2010

 

CPF and AKVA to co-develop new shrimp production system
 
Press Release

 

 

Charoen Pokphand Foods Ltd (CPF) and AKVA group ASA have signed a strategic cooperation agreement for developing a complete new production system for the production of white shrimp utilising AKVA's recirculation technology and CPF's knowledge in shrimp farming.

 

CPF is working actively to improve their production methods and technology. A natural next step for the shrimp farming industry is to utilise new technological opportunities to address many of the challenges of the industry and society today. 

 

This project will address important issues for the industry such as; the level of which marine resource and land areas are utilised; the escaping of shrimp from farms to interfere with wild stocks; the control of diseases and efficient battling of parasites; the elimination of, and risks of pollution from shrimp farms and other possible effects on the habitats where the farming is done.

 

The technology that this strategic cooperation agreement will produce will also have the potential to limit the carbon footprint of the produced shrimp significantly, according to Dr. Chingchai Lohanawatanakul, Chairman of the executive Board of CPF.

 

The first phase of this project will involve the development of a full-scale prototype of a 200-tonne per year intensive facility for white shrimp as an integrated solution.

 

Knut Molaug, CEO of AKVA group, said this agreement is an important step forward in AKVA's development in the Asian market and the furthering of the company's recirculation technology in the global market.

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