Wed. Jan 28 2015

Amendment 80 Fleet Takes Further Measures to Reduce Halibut Bycatch


Pacific Seafoods Calls off Ocean Gold Acquisition Rather than Face Litigation


VASEP Warns Pangasius Exports to US May Be Hurt By Higher Dumping Duties


NPFMC To Consider Reducing Salmon Bycatch Caps for Bering Sea Pollock Trawlers


Maine Likely to Shorten Scallop Season  


Trident Seafoods Donates 37,000 lbs of Pollock to Vegas Food Bank During NFI's Marketing Conference


The Supper Bowl - A Comparison of Boston and Seattle Food Traditions


Rubio’s Changes Name, Highlights Seafood with Revamp


GLOBALG.A.P. and GMP partnering For Greater Uniformity and Transparency for Feed Industry


Annual Innovation Summit Will Strategize Ways to Grow Juneau's Mariculture Industry (Fish Radio)


FTC OKs Albertsons-Safeway Merger


President Obama Proposes Controversial Plan to Allow Drilling Off Atlantic Coast


King’s Hawaiian Fish Deluxe – Inspired By Arby’s Team Member Now Available Nationwide


Incredible is Bonefish Grill's Brand Refresh and First Ever Bar Bites Menu


Applebee's Franchisee Completes Acquisition of 29-Unit Roy's


Lanka Mulls Pioneering Mariculture Joint Venture with Maldives


Lobster Industry Byproducts Make Tasty Treats


Taiwan JV Nambawan Seafoods Tuna Cannery to Open This Fall in PNG


Students Get Schooled by Schools of Fish


Climate Change Redistributes Fish Species at High Latitudes


EC Clamps Emergency Closure on Sea Bass Directed Fishery


Performance Food Group Names New President of Broadline Segment


Seafood.com News Summary Wednesday January 28, 2015


Tue. Jan 27 2015

White Cap / Sirena Buy 50% of Shrimp Processor in Quebec in Partnership with Lyons Seafoods


NPFMC Will Be Streamed Live From Seattle Starting Next Week (Fish Radio)


Marel's Seattle Operation to Focus on On-Board Developments for Fish Industry


Younger Generation Face Costly Uphill Battle Cracking into Kodiak's Commercial Fish Business


Vietnam Shrimp Leader Minh Phu Made Pretax Profit of Almost $50 Million Last Year


Popeye's Repeats Butterfly Shrimp Tackle Box Promotion


Sea Watch International Announces 8th Annual Creative Clam Challenge


American Shrimp Processors Support La. Senator's Bill That Cracks Down On Imported Shrimp Standards


American Seafoods’ Advisory Board Accepting Applications for its Alaska Community Grant Program


Super Bowl Weekend Demand Pushes Up Chicken Prices With Activity Quiet In Beef, Pork, Egg Trading  


Regional Seafood Restaurant Chain, Weathervane, Closing Three Locations in Maine


Lack of Local Support Squashes Proposed Marine Sanctuary Around Alaska's Aleutian Islands


Oystermen Battle Over the Future of Texas Oyster Reefs


China Online Food Delivery Co. Raises $350 Million from CITIC PE, Tencent, JD.com, Others


Tri-Marine CEO Emphasizes Importance of American Samoa Being Included in FTA with EU


Upper Columbia Tribes Seek to Restore River's Salmon Runs Above Grand Coulee Dam


Shellfish, Edible Seaweed to Be Farmed in Jervis Bay


The American Eel’s ‘Endangered’ Designation Isn’t Backed up by the Science (Opinion)


First for Rosyth Salmon Processing Plant


Ahi Run Has Fishermen Seeing Green


Deadline to Register for P.E.I. Lobster Marketing Board Plebiscite


Family Dollar Shareholders Approve Dollar Tree Deal


FMI Introducing CBX 20-Minute One-on-One Supplier Meetings at This Year's Chicago Show


Atlantic, Pacific Fish Face Mixing as Arctic Warms


Seafood.com News Summary Tuesday January 27, 2015


Mon. Jan 26 2015

Greenpeace Targets Costco, Albertson's in Orwellian Campaign to 'Bring Balance to the Bering Sea'   (2)


Bob Alverson Suggests NOAA Needs to Be More Forthcoming With Data on Halibut Stocks or IPHC May Act  


Judge Temporarily Blocks Pacific Seafood from Completing Ocean Gold Transaction


NY Fulton Fish Market to be Closed Tuesday Due to Storm


Someone's Lying in the West Coast Ports Slowdown


Supermarket Sales of Seafood Rise in Japan for First Time in Ten Years


Opinion: Lobster Management Offers Clear Direction in Gulf of Maine after Failure of Cod Management


No One Can Explain the Steep Decline in Maine's Casco Bay Wild Mussel Population


Delhaize's U.S. Operations Posted 12 Percent Quarterly Sales Gain, Helped by "53rd Week"


Cargill Ramping Up Research on Fish Feed, Does Not Rule Out Operating Own Fish Farms


New Category 'Beyond the Plate' Attracts Entries for Alaska's Annual Symphony of Seafood


Vietnamese Seafood Exports Strong in 2014 but Difficult to Maintain in 2015


Hannaford Again Features Gulf Shrimp for Super Bowl Promotion


Owner of Crab Boat that Sank in Penn Cove in 2010 Gets 75 Days in Jail   (1)


Obama Administration to Propose New Wilderness Protections in Alaska


McDonald's to Launch New Shrimp Burger in Korea


Nireus Aquaculture Sells its Turkish Subsidiaries for 4.15 Mln Euros in Cash


McDonald's Q4 U.S. Consolidated Operating Income Off 15 Percent


Maine's Scallop Divers Feel They Should Get Preference over Draggers


Maine May Require Elver Exporters to Buy a $5,000 License


Young's Seafood Parent Findus Reports 2014 Net Profit Rose 4 Percent


Aqua-Spark Investments Support Aquaculture in Mozambique


Seafood.com News Summary Monday January 26, 2015


Fri. Jan 23 2015

Fishermen Reopen Monopoly Suit Against Pacific Seafoods over Acquisition of Ocean Gold


Qingdao Imported 470,000 tons of Seafood with a Growing Amount Going to Domestic Market


Bankruptcies Plague Vietnam's Seafood Producers With Pangasius Market Oversupplied, Prices Down  


Gulf Shrimpers Finish 2014 Season Strong With Landings Up 26% in December  


Russian Pollock Fishing Underway, with 2015 Quota of 1.72 Million Tons  


Marine Harvest Canada's BC Salmon Farm is First in North America to Get ASC Certification


Mississippi Wholesalers Predict Fair Crawfish Prices On Expectations for Strong Harvest  


North American Lobsters Are Latest Foodie Fad in South Korea


Strong U.S. Dollar Pulling Clams from New Brunswick Leaving Nova Scotia Short


AK Seafood Reps Impressed With Iceland's Marine Byproduct Industry During Trade Mission (Fish Radio)


Near Cyclical Bottom, Oregon's Dungeness Season will Barely Yield 10 Million Pounds  


Why New McDonald’s Discrimination Lawsuit Could Be Big Trouble for Fast Food   (1)


NOAA's 2013 Fishery Recap Shows Catches and Revenues Continue to Crumble in Massachusetts


13 Fishermen Charged with Lacey Act Violations Involving 90,0000 Pounds of Striped Bass


Salmon Shelf Life Extended By Ultrahigh-Pressure Processing


McDonald’s Tried to Do It All, But Just Posted Terrible Sales Results


Further Restrictions on Natural Water Flow Threaten Mississippi Seafood Industry


Bi-Lo Holdings Names Turnaround Expert Ian McLeod CEO


Big Data Systems to Catch IUU Fishing Only Effective if Nations Enforce the Rules (Opinion)


Aquaculture License Finally Issued to Oyster Farm in Popponesset Bay Held up by Rich Homeowners


Ruth’s Hospitality Group, Inc. Completes Sale of Mitchell’s Restaurants to Landry’s, Inc.


2,700 Pounds of Shrimp Seized from Louisiana Vessel Not Using a TED


Seafood.com News Summary Friday January 23, 2015


Applebees Introduces 600 Calorie 'Pub Diet' Menu


Thu. Jan 22 2015

Head of NOAA Fisheries Recommends Higher Halibut Catch Limits in Beleaguered Saint Paul Region  


Alaska Gov. Bill Walker's "Fish First" Policy Focuses on Fish Protection, New Entrants


Nofima Studying Ideal Conditions to Preserve Barents Sea Snow Crabs for Live Market  


SeaPak to Focus on Easy Dinner Ideas to Increase Frozen Shrimp and Seafood Consumption During Lent  


Grim McDonald's Franchisee Survey Results: Comps Off 2.1 Percent in December


Mark JoHahnson Assumes Role as President of Westward Seafoods and Alyeska Seafoods


Seafood.com News Summary Thursday January 22, 2015


Thailand Backs Off Proposal to Employ Ex-Convicts on Fishing Vessels After Intense Media Backlash


ISSF Calls on NGOs and Regional Fishery Managers to Hold Each Other Accountable on Tuna Management


Bipartisan Group Introduce Bills to Ban GE Salmon and Require Product Labeling


Stricter Regulations Imposed to Protect Whale Sharks from Commercial Tuna Fishing Methods


Major Bycatch Reduction Essential to Halibut Fishery (Opinion)  


Pew Partners with UK Group to Launch Satellite Surveillance to Detect IUU Fishing


DNA May Now Hold the Key to Identify Those 'Lost at Sea'


Meetings to Discuss Two-Cent Lobster Levy to Start in Nova Scotia Jan. 27  


Eel Prices Finally Falling in Japan but Possible Trade Restrictions Loom  


BP Trial's Last Phase Begins - Penalty for Gulf Oil Spill Will Be Determined


Fatty Acids in Fish May Shield Brain from Mercury Damage


Save Sacramento-San Joaquin Delta Salmon: Smelt Are a Red Herring (Opinion)


Kono NZ Now Owns All of Pure NZ Greenshell Mussels Trading Co.


Maruha Nichiro Profits down 20% for First Nine Months of Year


1,005 Pound Bluefin Caught Out of Beaufort Inlet, NC


Wed. Jan 21 2015

Coldwater Shrimp Prices Up 7.5% Since the Start of January as Traders Brace for Lower Supply in 2015  


Seafood.com News Summary Wednesday January 21, 2015


AK's Fish Board Chairman Karl Johnstone Resigns; Cook Inlet's Roland Maw Elected as Replacement


VeroBlue to Boost Land-Based Barramundi Production to 40 Million Lbs Yearly With Recirculating Tanks


Silver Bay's Bid for Sitka Waterfront Gets More Competition


The Thorny Business of Diving for Sea Urchins in Maine


NFI Hires Kedrin Simms Brachman as Director of Government Relations


Is Kroger Looking to Buy Jacksonville-Based Bi-Lo, Winn-Dixie? Lots of Talk, Few Answers


Japanese Researchers Test Commercial Use of Salmon Sperm to Extract Rare Earth Elements (Fish Radio)


It's 'End of Story' for Drakes Bay Oyster Co. as Site is Largely Dismantled


Former ADF&G Commissioner Cora Campbell Named CEO of Norton Sound Development Subsidiary Siu Alaska


Bering Sea's Pollock Fleet Set to Go With 2015 Quota Up; First Deliveries Expected Next Week  


Brazen Ships Hauling Fish Near Antarctica Ignore Navy Patrol


Gourmet Ocean Products Buys Another 400,000 lbs of Sea Cucumber With Chinese Sales Strong


Can Tri Marine Make Waves with Sustainable Tuna Strategy?  


Trade Activists Encourage N.L. Fight CETA - Board of Trade Does Not


Vancouver Start-Up Creates Stink-Free Athletic Gear Using Chitin from Crab and Shrimp Shells


CCA Mounts Attack on North Carolina Commercial Gillnet and Shrimp Trawl Fishing


Tyson Foods to Pay $539,000 for Spill in Southwest Missouri Fish Kill


Over 2,500 NYC Subway Cars Have Been Dumped at Sea to Form Artificial Reefs


Captain D's Finding Success with Grilled Items, Learns Guests Like to Linger


Sen. Vitter Introduces "Imported Seafood Safety Standards Act"


Reports Are of Strong Holiday Sales of King Crab and Snow Crab in Japan  



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Amendment 80 Fleet Takes Further Measures to Reduce Halibut Bycatch

SEAFOODNEWS.COM  (Opinion) by Chris Woodley January 28, 2015

With recent evidence showing a possible decrease in the Bering Sea halibut fishery allocation this year, there has  been a growing concern about halibut bycatch and discard mortality and what to do about it. Both groundfish and halibut fishermen will be affected by the outcomes.

As fishermen, the flatfish trawl catcher-processor fleet (aka Amendment 80 fleet) and the halibut fleet have a lot in common. We each provide healthy, sustainably harvested fish ...

Full Story »

Pacific Seafoods Calls off Ocean Gold Acquisition Rather than Face Litigation

SEAFOODNEWS.COM [Undercurrent News] by Jeanine Stewart - January 28, 2015

 Pacific Seafood Group has called off its planned acquisition of Ocean Gold Seafoods, citing the need to avoid getting bogged down in litigation as the major reason.

On Friday, a federal judge temporarily blocked the company's acquisition of Westport, Washington-based fish processor Ocean Gold. The decision grew out of a hearing on a case filed by Jeff Boardman -- the same plaintiff in the anti-trust case against Pacific that was dismissed with prejudice in 2012 -- and backed by fishermen.
 
Pacific filed a motion to dismiss that case on Tuesday, stating in the filing "The proposed stock purchase agreement between a Pacific Seafood affiliate and other shareholders of Ocean Gold Seafoods, Inc. is dead and gone—it is no more...

Full Story »

VASEP Warns Pangasius Exports to US May Be Hurt By Higher Dumping Duties

SEAFOODNEWS.COM [VietnamNet] - January 28, 2015 -

Vietnamese tra fish fillets' exports to the United States might be hurt this year due to a high anti-dumping tax rate imposed by the latter, an official said.

Truong Dinh Hoe, the general secretary of the Viet Nam Association of Seafood Exporters and Producers (VASEP), revealed that according to the final results of the U.S. Department of Commerce's anti-dumping duty administrative review (POR 10) issued on January 16, the United States has nearly doubled the anti-dumping tax rate levied on Vietnamese tra fish fillets imported between August 2012 and July 2013.

The number of exporters to the U.S. market may plunge to three from as many as 30 companies four years ago...

Full Story »

Maine Likely to Shorten Scallop Season

SEAFOODNEWS.COM [Saving Seafood] - January 28, 2015 - 

ELLSWORTH, Maine, When Department of Marine Resources Commissioner Patrick Keliher took the advice of his Scallop Advisory Council last year and set a 70-day fishing season for this winter (just 50 days in Cobscook Bay) he warned fishermen that DMR was likely to cut the season short.

At an SAC meeting in Ellsworth last Thursday, the chickens came home to roost, or at least they were visible from the coop.

About six weeks after the 20-week season opened on Dec. 1, DMR Resource Management Coordinator Trisha Cheney told some two dozen scallop fishermen that the seasons in both Cobscook Bay and in Zone 2, an area stretching from Penobscot Bay to the Lubec Narrows, were likely to close soon...

Full Story »

The Supper Bowl - A Comparison of Boston and Seattle Food Traditions

SEAFOODNEWS.COM [Seattle Times] By Paige Collins - January 28, 2015 - 

With the big game right around the corner, we invited Boston Globe food editor Sheryl Julian to tell us how the food scene in Boston reflects the local culture there. Our food writer, Bethany Jean Clement, gave her take on the same subject for Seattle, which will run in the Globe...

 

Full Story »

GLOBALG.A.P. and GMP partnering For Greater Uniformity and Transparency for Feed Industry

SEAFOODNEWS.COM [Fishupdate.com] By Tim Siddons - January 28, 2015 - 

GLOBALG.A.P. and GMP+ International have entered into a worldwide strategic partnership that they hope will strengthen their operations as certification scheme providers.

Both organisations, while keeping their independence, are looking to harmonise governance and system rules in order to provide greater uniformity and transparency for the feed industry, which is also in the best interests of downstream livestock and aquaculture farmers.

The companies will operate according to the same principles in governance, certification and integrity...

Full Story »

FTC OKs Albertsons-Safeway Merger

SEAFOODNEWS.COM [Supermarket News] - January 28, 2015 - 

The Federal Trade Commission officially approved the merger of Albertsons and Safeway on Tuesday. The companies said that AB Acquisition LLC, an affiliate of Boise, Idaho-based Albertsons, planned to finish the acquisition of Safeway in the next five business days.

The merger will bring together two big players in the food retail space, with combined sales of approximately $61.6 billion.

 In order to get FTC approval, Safeway and Albertsons had previously agreed to divest 168 stores in eight states.

Full Story »

White Cap / Sirena Buy 50% of Shrimp Processor in Quebec in Partnership with Lyons Seafoods

SEAFOODNEWS.COM by John Sackton - January 27, 2015

White Cap International and Lyons Seafoods announced today a partnership to purchase the Quebec company Les Pêcheries Marinard Ltée.  The consortium will take a 50% share in Les Pecheries Marinard Ltee, along with existing management.

These leading international seafood companies acquire, in part, a jewel of the Gaspésie fishing industry to consolidate their supply of certified quality shrimp products. The local shareholders, E. Gagnon et Fils Ltée, Mr. Oneil Bond, Mr. Réal Bond, fishermen, Les Pêcheries Réal Bond inc., Fiducie familiale Oneil Bond, 9084-8789 Quebec Inc., Lelièvre Lelièvre et Lemoignan Ltée, Mr. Roch Lelièvre and Benoît Reeves, remain as owners with 50% of ...

Full Story »
King's Hawaiian Fish Deluxe – Inspired By Arby's Team Member Now Available Nationwide
 
SEAFOODNEWS.COM [Restaurant News Resource] January 28, 2015 
 
Brandon Morris, a franchise team member from Danville, KY Arby’s, was recently honored as the winner of the Hey Chef Neville! contest, an Arby’s system-wide menu idea submission contest. Brandon’s winning idea, the King’s Hawaiian Fish Deluxe sandwich, is offered at restaurants nationwide as a special item now through March.  In addition to his winning idea making it onto the Arby’s menu, Morris was recognized at Arby’s 2014 Worldwide Franchise Convention in ...

Full Story »

Younger Generation Face Costly Uphill Battle Cracking into Kodiak's Commercial Fish Business

SEAFOODNEWS.COM [The Cordova Times] by Margaret Bauman - January 27, 2015

A University of Alaska Fairbanks study involving residents of Kodiak has identified crew members and the next generation of fishermen as disproportionately affected by the privatization of fishing rights.

"Scholars and fishermen alike view the privatization of fishing rights as a fundamental driver of social change in fishing communities," concluded Courtney Carothers, who conducted the study for UAF's School of Fisheries and Ocean Sciences.

Her paper, presented on Jan. 20 at the annual Alaska Marine Science Symposium in Anchorage, presented results of a mixed-methods ethnographic study in Kodiak that explored how fisheries privatization processes remake fishery systems...

Full Story »
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NPFMC To Consider Reducing Salmon Bycatch Caps for Bering Sea Pollock Trawlers

SEAFOODNEWS.COM [KUCB] by David Bendinger - January 28, 2015

After several years of poor salmon returns along the Yukon and Kuskokwim rivers, federal managers are considering new ways to cut back on salmon bycatch in the commercial pollock fishery.

The North Pacific Fishery Management Council will hold a statewide teleconference on Wednesday to discuss their options for reducing bycatch in the Bering Sea.

"We’re hosting this teleconference to allow people the opportunity to hear about the alternatives that are being considered,” says NPFMC staff member Steve MacLean. “To learn something about the council process and how they can become involved in that council process, and then to voice questions and concerns they might have about the action currently being evaluated.”

Full Story »

Trident Seafoods Donates 37,000 lbs of Pollock to Vegas Food Bank During NFI's Marketing Conference

SEAFOODNEWS.COM [SeafoodNews] January 28, 2015

At the Global Seafood Marketing Conference in Las Vegas, the National Fisheries Institute's Future Leaders Class of 2014 announced that they had raised over $27,000 and 134,000 lbs of seafood for hunger relief.  

As in other years the class kicked off the Conference by donating their time to a local food bank, this time the Three Square Food Bank in Las Vegas.

SeaShare's Director Jim Harmon took the class members to for a tour of the Three Square's facilities where the class did some volunteer work sorting food. The Class prepared approximately 500 produce bags, packed 6,640 lbs of food, bagged 2,750 lbs of apples and 3,000 lbs of oranges. 

Trident Seafoods also donated a truckload of pollock portions to the food bank totaling 37,000 pounds.

Three Square Food Bank serves four counties in southern Nevada or about 315,000 food insecure individuals. Three Square currently provides more than 34 million pounds of food and grocery product – the equivalent of more than 28 million meals – per year to nearly 600 Program Partners including non-profit and faith-based organizations, schools and feeding sites throughout Southern Nevada...

Full Story »
Rubio’s Changes Name, Highlights Seafood with Revamp
 
SEAFOODNEWS.COM [Nations Restaurant News] BY Lisa Jennings  - January 28, 2015 
 
Rubio’s Fresh Mexican Grill is changing its name and renewing its focus on seafood as part of a brand revamp.
 
The fast-casual chain is slowly evolving into “Rubio’s Coastal Grill,” as the Carlsbad, Calif.-based concept works through a remodeling program that will eventually reach all 193 restaurants. The new ocean-themed décor will also be the design going forward for the six or seven new units scheduled to open this year.
 
Ralph Rubio, who founded the concept in ...

Full Story »

Annual Innovation Summit Will Strategize Ways to Grow Juneau's Mariculture Industry (Fish Radio)

SEAFOODNEWS.COM [Fish Radio with Laine Welch] January 28, 2015

This is Fish Radio. I’m Laine Welch … Juneau is “clustering” at the annual Innovation Summit. I’ll tell you more after this

Grow what you’ve got is the trend in Juneau as the way to boost and sustain its economy. This week’s annual Innovation Summit showcases ideas in four clusters: Ocean, Visitors, Forests and Renewable Energy.

In an advance economy like the US and Europe most of the growth comes from new ideas. We’ve tapped out most of our opportunities to just pull resources out of the ground or water, so real growth happens when we innovate.

Brian Holst is executive director of the Juneau Economic Development Council, host of the Summit. It also promotes the cluster-based model of growing an economy...

Full Story »

President Obama Proposes Controversial Plan to Allow Drilling Off Atlantic Coast

SEAFOODNEWS.COM [Washington Post] By Joby Warrick - January 28, 2015 -  

The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

The proposals, if finalized, could lead to the appearance of the first drilling platforms along a stretch of the continental shelf running from southern Virginia to Georgia. Any drilling would be at least a decade away and likely subject to intense political and legal battles between industry backers and environmentalists worried about the risk of oil spills.

Other parts of the lease plan would allow 10 sales in the heavily developed Gulf of Mexico, including one in the eastern zone, near Florida. In Alaska, the administration’s proposal would allow one potential lease sale each in the Chukchi and Beaufort seas, and another in Cook Inlet, in south-central Alaska.

 

Full Story »

NPFMC Will Be Streamed Live From Seattle Starting Next Week (Fish Radio)

SEAFOODNEWS.COM [Fish Radio with Laine Welch] January 27, 2015

This is Fish Radio. I’m Laine Welch … Lots of shuffling going on in Alaska’s fish world; fish meetings too.

This week will reveal if Pacific halibut catches ratchet up slightly in some regions, as indicated earlier, or at least remain the same. The International Pacific Halibut Commission is meeting in Vancouver through Friday – that’s when the harvests and season start and end dates will be announced. You can follow the halibut meetings live on the web.

The North Pacific Fishery Management Council meetings, set for February 2 – 10 also will be streamed live from Seattle. 

There’s been lots of name shuffling in the fish world. Sam Cotton is now officially Commissioner of the Alaska Dept. of Fish and Game. Charlie Swanton, former Sport Division director was named Deputy Commissioner. Longtime Alaskan Anthony DeGange was appointed as Director of the Habitat Division...

Full Story »

Marel's Seattle Operation to Focus on On-Board Developments for Fish Industry

SEAFOODNEWS.COM [SeafoodNews] January 27, 2015

Marel has ceased its manufacturing operations in Singapore and merged two of its existing US-based facilities in two major steps towards a more streamlined and cost effective future manufacturing footprint in line with its ongoing Simpler, Smarter, Faster refocusing program. Part of Marel's refocusing strategy also includes developing on-board soultions for the fish industry. 

First Marel said it will refocusing its product portfolio to concentrate on areas of competitive advantage and to strengthen its market position.  As a result, Marel is ceasing its production of freezers in Singapore and is entering into partnership to continue to provide freezing solutions for integrated solutions its customers. The wind-down of manufacturing activities in Singapore has begun and is expected to be finished before mid-year 2015.   The costs associated with the closure were booked as one-off costs in Q4 2014. The closure of the manufacturing operation in Singapore will increase operational profit during the second half of 2015 and onwards...

Full Story »