Icelandic has bought into a Chinese company that produces tilapia, and the company’s CEO announced it is hunting for more raw material, and we can expect more aquaculture-related news issued by the company.
The French seafood industry is totally dependent on imported raw materials to keep its processing industry up and running. This is an arrangement they are happy with; the imported seafood enables the industry to develop new products. A source in the French seafood industry told IntraFish it is easier for producers to buy raw material on the global market.
