Nissui says filleting can improve profits in Alaskan pollock, Chilean trout biz
The Japanese seafood giant aims to expand filleting operation in its subsidiaries, UniSea and Salmones Antarctica, says Nissui's directors
Major Japanese surimi producer’s profits reach five-year high
Lower raw material prices helped Ichimasa Kamaboko, Japan's second-largest surimi processor by revenue, post an operating income of JPY 1.3bn in its core surimi business for the year, compared to a loss of JPY 288m
Russian industry group accuses US surimi producers of relying on politics to aid in competition
The All-Russian Fishery Association has accused US surimi suppliers of resorting to unfair trade practices while losing in a competition to Russian businesses
US lawmakers push back against proposed Albertsons-Kroger merger
More than two dozen members of the US Congress have signed on to an amicus brief siding with the US Federal Trade Commission against the proposed grocery mega merger
Nissui hits record earnings with processed food expansion
The Japanese seafood giant has reported its strongest-ever Q1 financial performance of JPY 221bn in revenue, and JPY 9.7bn in operating income
Maruha posts all-time high revenue on strong processed seafood sales
The Japanese seafood giant's operating income remained flat at JPY 7.7bn for the three months ended June, with a strong performance in the Thai pet food operation barely offsetting the continued weak earnings in the Alaskan pollock business
Surimi production in Japan’s Hokkaido surges 26% with largest inventory since 2020
Surimi output in Japan's Hokkaido region surged 25.8% year-on-year to 4,685 metric tons during the first half of 2024
American Seafoods CEO: US pollock producers must cut surimi output, push trade barriers with Russia on ‘warpath’
Having paused a sale process due to challenging market conditions, American Seafoods' CEO Gustafsson said he sees climate improving over 2025, with surimi as main issue
Russian H&G pollock prices set low with $1,200/t seen as best-case by year-end
Currently, prices for 25cm-plus H&G Russian pollock, CFR China, are just over $1,000/t, which is an all-time low for week 29, just above 2017 after fallout from Pacific Andes crash
Japanese finished surimi producer launches simulated pollock roe
Ichimasa Kamaboko Co., Japan's second-largest finished surimi producer by revenue, has launched a simulated spicy marinated pollock roe product for foodservice