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

 


SeaDragon well prepared to develop Omega-3 fish oil markets

SeaDragon well prepared to develop Omega-3 fish oil markets

SeaDragon’s win of the Natural Products New Zealand (NPNZ) Exporter of the Year award shows the company is well positioned to develop the market for New Zealand-sourced Omega-3 fish oils, says Chief Executive Ross Keeley.

SeaDragon, which is building a new refined fish oil plant in Nelson to expand its Omega-3 manufacturing activities, won the prestigious DHL Global Forwarding Exporter of the Year at the NPNZ summit in Nelson last week.

Mr Keeley said: “The judges have recognised the flexibility of our manufacturing facilities and our ability to develop new markets. These are the qualities that will underpin our drive into Omega-3 fish oil markets.”

SeaDragon Chairman Dr Doug Wilson said: “We are delighted with the award. It is a real endorsement of the progress SeaDragon is making and the effort of all management and staff. It is a great boost as we prepare for the next stage of our development.”

Judges for NPNZ - which represents the country’s natural products, functional foods, complementary medicines, cosmeceuticals and nutraceuticals industries – praised the success of SeaDragon’s squalene operations.

They were impressed by SeaDragon’s unique product propositions and its ability to commercialise resources that would otherwise have been discarded. Squalene is produced from the livers of sharks caught as by catch as fishing companies target commercial species such as hoki and other deep water species.

They were also impressed with SeaDragon’s growth. In one market sales of (squalene and related products) grew 213% in the year to 31 December 2013, while group total revenue grew by 40% over the same period.

Announcing the winners, NPNZ’s Executive Director Alison Quesnel said New Zealand’s natural products industry has remained vibrant throughout the recession so the positive economic outlook bodes well for making excellent progress towards the industry’s goal of becoming one of New Zealand’s top export earners by 2025.

“The ability to think outside the square was demonstrated by all of our winners and this attitude has been a key to the natural health product industry’s success as a whole,” Ms Quesnel said.

About SeaDragon: www.seadragon.co.nz
SeaDragon (NZX:SEA) is Australasia’s largest refiner and blender of high-quality internationally certified concentrated fish oils and fractions, including Omega-3 oils. Our oils are sourced from fish caught in the clean and pure waters around New Zealand, in the Southern Ocean, and elsewhere. We have more than 20 years’ experience processing fish oils and we are recognised for the quality and purity of our products. We supply health supplement manufacturers around the world to meet the burgeoning demand for pure, high-quality fish oils, which are scientifically proven to deliver significant human health benefits such as lowering the risk of heart disease, improving brain function and joint health. The majority of our supply is exported.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news