Omega Protein Corporation (Public, NYSE:OME) is a processor, marketer and distributor of fish meal and fish oil products in the United States. The Company produces and sells a variety of protein and oil products derived from menhaden, a species of wild herring-like fish found along the Gulf of Mexico and Atlantic coasts.
Omega processes several grades of fish meal, as well as fish oil and fish solubles. Omega's fish meal products are primarily used as a protein ingredient in animal feed for swine, cattle, aquaculture and household pets.Fish oil is utilized for animal and aquaculture feeds.
Accounting for over 70% of the menhaden caught in the United States and over 15% of the nation's total seafood landings. Omega Protein is one of the largest fishing companies in the United States in terms of tonnage, and one of the largest fish meal companies in the world. Omega Protein's 40 fishing vessels and 35 spotter planes are housed at the company's home ports and processing plants in Abbeville and Cameron, Louisiana; Moss Point, Mississippi; and Reedville, Virginia.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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