Ecuadorian shrimp producer Grupo Almar is building a 60,000 metric ton capacity processing plant in the South American nation as part of plans to step up its presence in export markets, a source familiar with the situation told IntraFish.

Until now the company, which produces around 130,000 metric tons (286 million pounds) of shrimp annually, has sold its shrimp to other processors who have then exported products overseas.

The company's production represents around 10 percent of Ecuador's annual production.

Grupo Almar has remained largely out of the spotlight, meaning the company hasn't appeared in annual statistics issued by shrimp producers trade body Camara Nacional de Acuacultura (CNA) showing the country's top leading exporters.