Thai Union Group
When unveiling its new name and corporate identity last week, seafood giant Thai Union Group placed sustainability at the heart of its agenda. Following her appointment as the company's group director of sustainable development, Dr Darian McBain spoke with Ben Cooper about Thai Union's approach to sustainability and aspirations for the future.
Seafood processor Thai Union said that it was able to maintain "stable" net profit in 2016 thanks to "stringent" cost controls that offset higher prices for salmon and tuna.
Thai Union Group is to establish a subsidiary in China to sell seafood in the country.
Greenpeace has welcomed a new commitment to sustainable tuna sourcing by the Thai Union Group – but the campaigners called on the company to make "investments that amount to real change for oceans and workers".
Eight of the world's major seafood companies have signed up to a ten-point ocean stewardship plan to try to boost traceability and crack down on illegal, unreported and unregulated fishing in their supply chains.
Thai Union Group, the owner of seafood brands such as John West and Chicken of the Sea, has made a commitment to source 100% of its branded tuna from fisheries certified by the Marine Stewardship Council or taking part in programmes moving them towards MSC certification.
Thai Union Group today (7 November) booked lower third-quarter profits, with the seafood giant pointing to "volatile" raw-material prices.
Thai Union Group has made a US$575m "strategic investment" in Red Lobster, a US-based seafood restaurant operator, as the seafood processing giant works to build its "direct-to-consumer" channel.
Seafood giant Thai Union Group has taken its stake in US subsidiary Tri-Union Frozen Products to 100% after buying out the unit's minority shareholder.
Thai Union-owned Chicken of the Sea International has launched a "digital traceability initiative" that allows consumers to trace the source, processing location and fishing method of some of its US seafood brands.
Seafood company Thai Union has booked increased first-half sales, boosted by its recent acquisition of German canned seafood processor Rugen Fisch and raw material prices for skipjack and salmon, but the company's profits fell year-on-year.
Thai Union-owned Chicken of the Sea has hit back at a campaign by Greenpeace to encourage retailers and foodservice companies in the US to stop selling brands of tuna produced by firms that refuse to "drop opposition to sustainability".
Thai Union Group has declined to comment on reports it is in talks to buy into Negocios Industriales Real, one of Ecuador's largest seafood processors.
Some of John West's tuna products are being removed from Tesco stores in the UK after the company failed to meet the retailer's sustainability standards.
Thai Union Group reported mixed first quarter results as M&A lifted sales and gross profit but lower gains from currency exchange and challenges in the US weighed on the bottom line.
Thai Union Group has signed a collaboration agreement with the Mahidol University's faculty of science for a new R&D facility.
Indian seafood processor Avanti Feeds is to sell a 40% stake in its frozen foods unit to Thai Union Group.
Thai Union Group, the seafood giant behind brands from John West to Petit Navire, today (23 February) booked "record" sales and net profit for 2015, results the company said it had achieved "against all odds".
Seafood company Thai Union Group has partnered with ingredients firm Konjac Innov to launch a range of low-calorie and healthy ready meals.
Thai Union Group has announced plans to acquire a majority stake in German canned seafood processor Rugen Fisch.
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Seafood giant Thai Union Group is working to boost employment conditions in its shrimp supply chain by bringing all its shrimp processing operations in-house from the end of December.
Thai Union Group's planned acquisition of US seafood canner Bumble Bee Foods has been terminated with the company believing it will be unlikely to get regulatory clearance for the deal.
Thai Union Group has said companies have been lined up to buy US asset Chicken of the Sea should the Thai group's move to acquire another canned seafood business in the country, Bumble Bee Foods, goes through.
Thai Union Group, the seafood giant, has been accused by Greenpeace of "horrendous human rights and environmental issues" in its sustainability practices.
Thai Union Frozen Products is bringing its global operating companies under a single new corporate identity.
Thai Union Frozen Products has struck a deal to buy US canned seafood supplier Bumble Bee Foods from private-equity firm Lion Capital for US$1.51bn.
Greenpeace's long-running campaign against UK tuna brand John West, owned by seafood giant Thai Union, is now directing its fire against Sainsbury's.
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