Fisheries and aquaculture are critical sources of nutrition, income and livelihoods for hundreds of millions of people around the world. World per capita fish supply reached a new record high of 20 kg in 2014. Fish continues to be one of the most valuable traded food commodities worldwide with more than half of fish exports by value originating in developing countries. Despite industry growth there have been very modest technological advances in chilling fresh foods resulting in high levels of food waste, lost revenues and an unacceptable environmental impact.
Production and Harvest International AS (PHI) is a seafood company with harvesting, processing and refrigeration technology expertise. It has identified a major gap in the cold chain market in the European Union and indeed worldwide and is targeting commercial opportunities throughout the fresh food value chain with nanoICE technology. The innovation of nanoICE responds to inefficiencies within the seafood and other fresh food industries. nanoICE is a patent pending technology that addresses the deficiencies of other commercial ice products used today by addressing the challenges faced by seafood harvesters and processors, namely: product weight retention; longer shelf-life; improved appearance; reducing hard labour; limited space for catch and trying to improve on these at an affordable price. nanoICE is game changing ice machine that delivers a combination of break-though solutions for all these challenges.
Through nanoICE technology PHI’s mid-term goal is to become a market leader fresh chilling solution with a minimum of 8.5% of total EU market in aquaculture, medium and small sized fishing vessels and processors. PHI has licensed and recently acquired the IP rights to further refine the development nanoICE to become more commercially robust for the market place and enter the European market with a methodical business approach supported by full-scale grant funding.
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