Ecuador

Hendrix Genetics signs partnership to develop shrimp farming sector in Ecuador

Genetics

The Dutch company, in partnership with Nutreco and Ecuacultivos, will invest in Ecuador to establish a state-of-the-art shrimp hatchery.

Posted on Feb 14 ,11:48

Hendrix Genetics signs partnership to develop shrimp farming sector in Ecuador

The Dutch company Hendrix Genetics signed a partnership with Nutreco and Ecuacultivos to upgrade the Macrobio hatchery to a state-of-the-art production facility and developing a world-class shrimp breeding program in Ecuador. Backed up with global leading innovation and R&D and expertise in nutrition and genetics, the joint venture aims to increase the competitiveness of the Ecuadorian shrimp industry in a sustainable manner. The hatchery is located in the western region of the country and currently employs around 50 people.
"After our entry into shrimp breeding in 2017, we have put most effort into developing the Kona Bay shrimp breeding program. This is an important development to gain access to one of the main markets," Antoon van den Berg, CEO of Hendrix Genetics, said.
This partnership represents a milestone in the shrimp industry as noted by Neil Manchester, Managing Director Aquaculture of Hendrix Genetics, “We believe that bringing together global leaders in genetics and nutritional technology with first-class local production operations is the combination best placed to deliver value and efficiency to the Ecuadorian industry.”
Within the aquaculture market in Ecuador, the Pacific whiteleg shrimp is the most important aquatic species produced. The production volumes skyrocketed in recent years, putting Ecuador currently at the third largest producer after China and Indonesia. The market for Ecuadorian shrimp has also changed drastically. In the past, the European Union and the United States were, by far, the largest markets. However, China is now importing about 50% of Ecuador’s total shrimp output.
"Our strategy for the coming years is to invest in innovative projects that support sustainable market growth. We’re delighted that this partnership will promote the sustainable growth of shrimp farming in Ecuador, a key market for our aquaculture division Skretting", explained Nutreco CEO Rob Koremans. The main goal for the companies involved in this project is to create a disease-resistant animal to keep the Ecuadorian shrimp industry antibiotic free and with improved growth.

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