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Thai Union Requires Innovation And Investment In Educationff

21 January 2013 Thailand

What’s the answer to an underperforming Thai tuna industry?              

 

Thirapong Chansiri, president of Thai Union Frozen Products – the world’s largest canned tuna producer – told local media recently that companies need to invest in manufacturing technology to increase efficiency.

 

Chansiri is also urging the government to increase funding for education and to create more unity between the private sector, government and educational institutions. This will encourage research and development for commercial purposes, he said.

 

Thai tuna processors faced many challenges last year with high raw material prices, supply shortages and a sinking American market. In 2012, they required 12% less frozen whole round tuna for their production compared to 2011, importing about 680,000 tons total.