OPENS VIETNAM OFFICE
Pathway Intermediates expands global presence
Pathway Intermediates officially opened a new branch in Vietnam last June 29, some three years after the opening of its Thailand branch in 2016.
The opening ceremony for Pathway Intermediates Vietnam Co. Ltd. was held in Ho Chi Minh City, where Dr. David Garnett, Bernardo Park and Paul Shin joined the company's Vietnamese members to celebrate the grand opening. Participants also had a meaningful time discussing the future direction of the company.
Pathway Vietnam will contribute to expanding its global business with new members Kevin Nguyen and Ms. Lily Le. Mr. Nguyen will lead Pathway Vietnam as the country manager and Ms. Le will give support as technical sales manager.
Mr. Nguyen is specialised in monogastric animal nutrition and has much experience in Vietnam's livestock industry. Ms. Le is a trained fish nutritionist and will support Pathway Vietnam to open up the aquaculture market in Vietnam.
By opening its Vietnam branch, Pathway Intermediates grows its presence in Southeast Asia and will deliver value-added solutions to more customers and excel in meeting their expectations.
TO MEET RISING REQUIREMENTS OF FISH FEED
Amandus Kahl introduces new extruder family
After 20 years of experience in extrusion systems, Amandus Kahl has developed a new extruder product family in order to meet increasing requirements of the fast-growing fish feed, as well as pet food, market.
The new family comes with four different machine sizes covering the whole range of performance from lab-scale up to 10 t/h industrial large-scale applications. All machines are available as machine-only or as turnkey extrusion lines comprising all required process steps like milling and mixing, steam conditioning, extrusion, drying, coating, cooling and packing.
The new family comes with the proven Amandus Kahl stop bolt technology for perfect mixing and venting in the first barrel section. Dedicated process zones for compaction, cooking and pumping assure high flexibility and various adjustment options. Exchangeable screw elements ensure perfect adaption to changing formulations and quality parameters.
These features are complemented by highly effective fine-control measures like screw speed adjustment, steam/water addition to the extruder barrel, and individually controllable heating/cooling jackets–all adjustable during operation for direct product quality response. The combination of individually adjustable screw elements and the fine-control measures enables Amandus Kahl to satisfy its customers' requirements in the majority of cases. Complex and expensive additional equipment to influence expansion behaviour is not required, allowing customers to save investment as well as operational costs.
An operator-friendly machine was designed in mind: this is achieved by a double-hinge head connection, ensuring fast die changes and fast knife replacement. The frame-mounted touch screen-based operator panel complements the user-friendly design and gives access to all relevant operational data, settings and options during start-up and operation.
Extensive prototype testing at Amandus Kahl's test centre in Reinbek near Hamburg showed good results in terms of product quality, capacity and process stability for the production of sinking as well as floating fish feed.
The first-series machines are sold to countries in northern Africa, and commissioning is expected to be finished in early 2020.
Specific features include newly designed base frame for easy machine alignment and integrated peripherals; good accessibility and therefore easy cleaning of outlet, die and product distribution system; fast knife and die change; knife-adjustment during operation; flexible adaption of linings, cooking and pumping elements; four separately controllable heating/cooling jackets; throughput depending on pellet diameter and feed formula (sinking fish feed up to 10 t/h; floating fish feed up to 8 t/h).
KAHL fish feed plants are equipped with the latest process technology, the core of which is the extrusion system with the extruder OEE and the process control system E5EP.
FORMER PRESIDENT OF SOUTHERN SHRIMP ALLIANCE
US shrimp industry mover Elaine Knight passes away at 78
Elaine Walker Knight, hailed as one of the pillars of the US shrimp industry, has passed away. She was 78.
Knight was a founding director of the Southern Shrimp Alliance (SSA) and also served two terms as its president. She died on July 15, the SSA announced.
Knight was also a founding director and the first president of Wild American Shrimp Inc., the shrimp industry's first national marketing initiative.
"The shrimp industry has lost one of its most formidable and capable advocates with the untimely passing of Elaine Knight," said John Williams, SSA's executive director.
"Miss Elaine was a rock-solid pillar of our industry to whom we all owe a huge debt of appreciation and gratitude."
A native of Brunswick, Georgia, USA, Knight, together with her husband, Robert, was engaged in shrimp harvesting, processing and selling through their Knight's Seafood Inc. in Brunswick, Georgia. Brunswick is the centre of Georgia's shrimp industry.
TO START PRODUCTION BY MID-2020
New aqua feed mill breaks ground in China
A new feed mill in China's Beijing-Tianjin-Hebei economic zone broke grounds in late May, and is expected to begin producing aquaculture feed by mid-2020.
The project is a joint venture between global trading house Louis Dreyfus Company (LDC) and Guangdong HAID Group Co. Ltd.
The mill is expected to produce high-end feeds for the nation's growing aquaculture market and will feature fermented soybean meal, Farm Journal Media reported.. The mill's annual feed output capacity is expected to total 300,000 tonnes.
James Zhou, head of LDC's North Asia Region, noted that aquaculture represents an efficient and sustainable source of protein in China, and that demand is growing particularly for healthy meat alternatives.
Fermented soybean meal has become a popular alternative to fishmeal, with sustainability being one of the factors driving its popularity, along with economic factors such as price.
THANKS TO STRONGER FROZEN SEAFOOD BUSINESS
Thai Union Group gross profit up 13% in 2nd quarter
Seafood giant Thai Union Group PCL reported a 13.1% year-on-year rise in its second-quarter gross profit to 5.364 billion baht (US$174.424 million), thanks to stronger performances from the frozen seafood, as well as the value-added product and pet-care, business.
The strong gross profit resulted in a stronger EBITDA (earnings before interest, taxes, depreciation and amortisation) at 15.4% compared with the same period last year and an interim dividend of Bt0.25 per share.
Consolidated sales during the quarter declined 4.6% year-on-year to Bt32.2 billion ($1.048 billion) due to the Thai currency's appreciation, the depreciation of EU currencies and lower raw material prices.
Thai Union's ambient seafood sales in the second quarter totalled Bt14.031 billion ($456.676 million), down 14.3% year-on-year, while gross profit was up 9.1% year-on-year. The sales contribution from the frozen and chilled seafood business increased 3.6% year-on-year to Bt13.435 billion ($437.317 million), driven mainly by volume growth of 10% from the same period last year.
In the first half of 2019, gross profit was up 19.9% year-on-year. During this six-month period, North America contributed 39% of total sales, followed by Europe at 29%, the Thai domestic market at 12%, and other markets at 19%.
"Profitability remains a key focus for us at Thai Union, and the overall performance in the second quarter was pleasing, particularly in a challenging operating environment," said Thiraphong Chansiri, CEO of Thai Union.
"As we look ahead, Thai Union will continue to see new innovative products developed and launched into market, which will provide us with new revenue streams as we work to build a business with sustainable growth."
Thai Union officially opened last June its new Global Innovation Centre in Bangkok, which employs more than 160 scientists and researchers from around the world.