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Peru

Farmed Shrimp Exports to China

 

The Peruvian government recently inking an agreement with China, which will allow its shrimp exports to reach $150 to $200 million by 2018.  This could be a big win for Camposol Holding, whose shrimp farming division, Marinasol, is the country’s largest shrimp producer.  In the second quarter of 2017, Marinasol’s shrimp production rose 20% to $20 million from the first quarter of 2017, while its gross profit jumped almost tripled to $2.78 million.

 

Camposol CFO Andres Colichon Sas said investments in shrimp farming have been focused mainly on transforming traditional ponds into intensive ponds.  He said, “Intensive ponds operate as a greenhouse for agriculture” in which most factors are controlled with new technologies.  “We are progressing towards that little by little,” he added.

 

Information: Andrés Colichón Sas, CFO, Camposol Holding, Ltd. (Email acolichon@camposol.com.pe, Phone +511-621-0800, Extension 7171, Webpage http://www.camposol.com.pe).

 

Source: Undercurrent News [eight free news reads every month].  Editor, Tom Seaman (undercurrent@undercurrentnews.com).  Peruvian Shrimp Export Accord With China Could Be Big Win for Camposol.  September 18, 2017.

 

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