Shrimp farming ‘raceway’ makers ink global license deal
tru Shrimp™ Systems has entered into an agreement with Texas A&M University for exclusive global rights to commercialize its Tidal Basin (formerly known as the super-intensive raceway) technology.
The license agreement for the patented technology, developed by Dr. Addison Lawrence, extends to China, Taiwan, France, Germany, Italy, Spain, the Netherlands and the United Kingdom.
“We have had inquires from all over the world for our Tidal Basin technology, and tru Shrimp Systems as a brand of Ralco clearly understands the global implications of this technology,” said tr? Shrimp Systems GM Michael Ziebell. “The patent rights we have secured represent the largest markets for shrimp. For example, China has become a net importer of shrimp. The patent rights position us to supply protein to a growing world.”
Since acquiring the initial patent rights to the U.S. market, the company has accelerated commercialization of the Tidal Basin technology and a state-of-the-art shrimp research center in Balaton, Minn. The first round of engineering has been completed for a multimillion-pound production facility.
Expected to be completed this August, the facility will include two commercial scale Tidal Basin lines, 144 shrimp research tanks, 116 nursery holding tanks, an animal health laboratory and water quality and shrimp feed laboratories.
“We provide everything required for success including process, financial and operational planning and technical support. We represent a clear alternative for the shrimp raising investor,” Ziebell said.
Ralco is a family owned multinational provider of livestock nutrition, animal health products and crop enhancement products, supporting the livestock, poultry, aquaculture and crop industries.