Cell Aquaculture has received "rave" reviews from some of Australia and Malaysia's top chefs for the first commercial harvest of its premium Australian barramundi.
Cell Aquaculture has received "rave" reviews from some of Australia and Malaysia's top chefs for the first commercial harvest of its premium Australian barramundi.
The announcement is below:
Cell Aquaculture Ltd (CAQ) is pleased to announce that the first commercial
harvests of Premium Australian Barramundi have now taken place from the company's initial
state-of-the-art production facility in Besut, Terengganu and the product is currently receiving
rave reviews from some of Australia and Malaysia's top 5 Star Executive Chefs.
Strong endorsement of the product is an exceptional achievement and convincingly
demonstrates the Premium Quality and tremendous potential of CAQ's vertically integrated
production process.
Commenting on the first Barramundi harvests, CAQ Chairman, Perry Leach stated, "we are
excited at the achievement of this important milestone and despite the current global
economic environment, we believe the company is well positioned to enjoy significant upside.
Whilst the prices of most commodities continue to decline, premium fish prices continue to
soar".
In order to gauge the true quality of the initial produce, the bulk of the first harvest was air
freighted directly to Melbourne to be sampled by some of Australia's top chefs. Given that
Barramundi is a native Australian fish, it was deemed that if endorsement can be gained in
Australia for a 'Malaysian Produced' fish, then CAQ can confidently position it's produce at
the Premium end of all markets the company wishes to enter.
The feedback from Melbourne has been outstanding, with all Executive Chefs and
Distributors stating that the CAQ product is 'equal to or better than' any Wild or Farmed
Barramundi product which can be sourced in Australia.
In addition to the product sent to Australia, CAQ Barramundi was also distributed to a number
of Five Star Executive Chefs in Kuala Lumpur. With the assistance of the Australian Trade
Commission, CAQ specifically sourced high-end Australian chefs in Kuala Lumpur, who
would be familiar with Australian Barramundi and give authorative feedback. Again, the
feedback was fantastic, with all chefs wishing to commence immediate ordering of CAQ
Premium Barramundi.
The success of the first stage grow-out facility places CAQ another step closer to realising its
vision to establish Terengganu as the 'hub' of Premium Species Aquaculture within the region
and provides the catalyst to commence the company's large-scale Malaysian expansion
program.
