(November 14, 2013, St. John’s,NL) “The Provincial Government is driving the economic success of the fishery by supporting initiatives that improve profitability and global competitiveness, which in this case involves supporting research to determine if meaningful revenue can be derived from shrimp shells,” said the the Honourable Keith Hutchings, Minister of Fisheries and Aquaculture in an announcement relerased today
Preliminary research by the Bay de Verde based seafood processor has shown that oil can be derived from shell waste that is highly valued as a premium nutritional supplement. Quinlan Brothers Limited is availing of external expertise to extract the oil and bring samples to market, and will expand on its current activities by improving the way it collects and pre-treats its shell discards.
“I commend Quinlan Brothers Limited for its commitment to pursuing innovation in its business practices, and wish the company all the best with a project that may identify a new economic opportunity for processors that had not been seen previously.”
– The Honourable Charlene Johnson, Minister of Innovation, Business and Rural Development and MHA for Trinity-Bay de Verde
The funding provided by the Provincial Government will support a number of activities, including additional market research, plant modifications, sample production, and an assessment of what is required to meet the food and drug regulations of international markets.
“We appreciate the support of the Provincial Government as we continue to investigate ways to achieve greater utilization of our shrimp resource, minimize waste, and create greater value for the company and its employees.”
– Robin Quinlan, Vice President Quinlan Brothers Limited
Through sound fiscal management and responsible decisions, the Government of Newfoundland and Labrador is strengthening the business environment, encouraging the development of innovative industries, and building a vibrant economy.
Quinlan Brothers Limited will receive $100,000 to pursue new economic opportunity with shell discards from processing activity.
Budget 2013: A Sound Plan, A Secure Future included a $2.2 million investment in the Fisheries Technology and New Opportunities Program, which has promoted innovation in the province’s billion dollar fishing and aquaculture industry by assisting more than 230 research and development projects since 2008.
Quinlan Brothers Limited is a multi-species seafood company based in Bay de Verde that is primarily focused on processing shrimp and crab.
– 30 –
Director of Communications
Department of Fisheries and Aquaculture