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January 29, 2016

United States/Thailand

Big Mistake in Report on Global Blue and SIS

 

The source of that report, Courthouse News Service, reported that Shrimp Improvement Systems (SIS) was owned by Charoen Pokphand Foods Public Company Limited (CPF) in Thailand.

 

As Robins McIntosh, Senior Vice President of Charoen Pokphand Foods Public Company Limited, points out below, SIS is not owned by CPF; it is owned by Central Proteina Prima (CPP), a huge shrimp farming and shrimp marketing company in Indonesia.

 

McIntosh says: “Charoen Pokphand Foods (CPF) has no equity or financial interest in CPP Indonesia, which is the owner of SIS.  In fact, SIS and CPF’s broodstock company are competitors for the same customers in Asia and have never colluded on price or the sharing of broodstock or postlarvae markets.  Our companies and business are totally separate in all ways.”

 

Information: Robins McIntosh, Senior Vice President, Charoen Pokphand Foods Public Company Limited, C.P. Tower 27 Floor 313 Silom Road, Bangrak Bangkok, 10500, Thailand (phone 662-638-2388 mobile 6689-925-8486, home 662-381-5844).

 

Source: Email to Shrimp News International.  Subject: USA—Global Blue Challenges SIS.  From Robins McIntosh.  January 28, 2016.

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