Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


$26 Million Investment Recognises Ground-Breaking Research


FOR IMMEDIATE RELEASE
16 November 2012

$26 Million Investment Recognises Ground-Breaking Research

Cawthron Institute’s ground-breaking research to domesticate the New Zealand GreenshellTM mussel now has a vehicle to take it to market thanks to a new $26 million agreement announced yesterday, the Cawthron Institute says.

The Ministry for Primary Industries and SPATnz have signed a seven year innovation contract to selectively breed mussel spat at the Cawthron Aquaculture Park north of Nelson, using research established by Cawthron’s MBIE-funded Cultured Shellfish Programme. The announcement was made during Prime Minister John Key’s official visit to Cawthron in Nelson yesterday.

“It’s fantastic that research into product enhancement for GreenshellTM mussels will now be able to be used to benefit the New Zealand mussel industry and help it take off internationally,” Cawthron Chief Executive Professor Charles Eason says. “It’s possibly the most exciting thing to happen in the mussel industry for decades – it will propel it forward.”

The new contract will see $13 million each of public and industry funding invested in the project. It has been hailed as the most significant research, development and commercialisation investment made in New Zealand’s GreenshellTM mussel industry since the first marine farms were established in the 1970s.

Professor Eason says the initiative is an excellent example of how industry and science can work together to add value to New Zealand’s existing food export products.

“Mussels are a comparatively low value, high volume product and our goal through scientific advancements and industry collaboration has been to turn it into a high value product,” Professor Eason says. “New Zealand’s strength is in food production and it’s essential, if we want to continue to stand out from the rest of the world, that we maintain a close tie between our commercial sectors and the production-focused research that Cawthron is so good at.”

Currently all mussel seed is collected from the wild, making it difficult to guarantee supply and quality. Cawthron’s research will enable the mussels to be grown from hatchery seed that have been specifically selected for desirable characteristics such as health promoting benefits, rather than from wild spat.

“Currently the mussel seed is only available a few times of the year which makes for an erratic supply if things go wrong,” Cawthron’s Cultured Shellfish Programme leader and Senior Scientist Nick King says.

“Hatchery spat on the other hand can be produced on demand, is of consistent quality and can be produced using selectively bred broodstock, which will provide the mussel industry with the benefits enjoyed by almost every other primary producer.”

Around 70 percent of New Zealand’s mussel production is based in the Top of the South. Mussel exports are worth $220 million annually to the New Zealand economy.

“The breeding and husbandry initiatives we’ve developed here at Cawthron really give the aquaculture sector a chance to step up and play a much more significant role in the food export industry,” Professor Eason says.
Cawthron Institute is New Zealand’s largest independent research institute specialising in freshwater and coastal marine, environmental research and research for the food and aquaculture industries. It also has substantial testing laboratories and provides seafood safety testing for key sectors of the aquaculture industry.

The SPATnz mussel selective breeding programme will see a new shellfish hatchery built at the Cawthron Aquaculture Park. Construction will begin in 2013, with a hatchery building, nursery building and three ponds of approximately 1500sqm each being built on site. The first significant quantities of commercially bred mussels are planned for 2015.

During his visit yesterday, the Prime Minister also unveiled a sign and viewed plans for Cawthron’s new $5 million high-technology laboratories ahead of construction starting in January. He met with key researchers and gave a speech to staff, management and directors around the significance of high-value scientific research and development to the economy, aquaculture in particular, and the positive contribution Cawthron is making in the area.

--

Image details: The Rt Hon John Key, Prime Minister, at Cawthron Institute in Nelson yesterday to view plans for the new $5 million high-technology laboratories, looks at the science behind the organisation.


Click for big version.

The Rt Hon John Key unveiling new building plans



Click for big version.

The Rt Hon John Key in Laboratory


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Bathurst Gets Nod For DoC Access To Denniston Mine

Conservation Minister Nick Smith has approved access over conservation estate land for Bathurst Resources to develop an open cast coal mine on the Denniston Plateau, above Westport, to the dismay of environmental opponents. More>>

ALSO:

Minding Of Meats: MPI Working To Clear Shipments To China

New export certificates are being issued to release containers of meat products held up at the Chinese border, the Ministry for Primary Industries said today. Shipments of meat into China were delayed after MPI issued export certification in a format which had not been approved by Chinese authorities at AQSIQ. More>>

ALSO:

Banking Ombudsman: Bank Customers Need To Remember Basics

Have you heard the story about the kids who used their mum’s credit card details to buy up large online? Or the one about the person who saved all their PINs disguised as phone numbers on their mobile which was then stolen by a thief who saw through the disguise and went on a spending spree?More>>

TPP: A Global Fair Deal On Copyright - OurFairDeal.org

Alastair Thompson: The orginal "A Fair Deal" campaign brought together Internet NZ with a bunch of other groups including the Royal New Zealand Foundation for the Blind, the Creative Freedom Foundation , NZ Rise , Trademe and Kiwiblog's David Farrar. OurFairDeal.org takes the NZ based campaigns a giant leap forward bringing together 84 lobby groups from across the Asia Pacific in 6 countries into a global alliance. More>>

ALSO:

Business.Scoop: NZOG's Griffiths Backs Director Liability On Health, Safety

New Zealand Oil & Gas chairman Peter Griffiths has thrown his support behind legislative moves to make directors liable if the companies they govern fail to meet health and safety obligations. More>>

ALSO:

Scoop Business: NZ’s Services Sector Expands At Fastest Clip In 5 Mths

New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More>>

ALSO:

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news