ALGIX Jamaica, and its Pride of Jamaica brand, is committed to the growth and maintenance of Jamaica’s precious resources: its environment, people and culture.
Algix Jamaica was formed in order to provide algae biomass feedstock to our Solaplast Division in the USA. The primary source of algae biomass that is used in our Solaplast resins is from the aquaculture industry in the USA. However in the winter months, the aquaculture industry is slowed down due to climate conditions. A need existed for a more consistent supply of algae biomass all year round. Algix USA has turned to Algix Jamaica to fill this need.
The Aquaculture business is a natural fit into our Algix family of companies.
Algix Jamaica has partnered with Caribbean Producers Jamaica (CPJ) to distribute Pride of Jamaica fish throughout the island.
Caribbean Producers Jamaica Limited known island wide as CPJ was founded in 1994 to service the hospitality industry as an integrated food service distributor. Recognizing a need for our international wines and spirits in the wider retail market CPJ formed a retail sales division in 2003 to service this market. The addition of several highly sought-after brands of beverages, wines & spirits enabled the retail division to quickly become the main area of growth for the company. To support the retail trade division the provision of Merchandising Service was also begun in 2003.
A dynamic company we continue to improve the efficiency of our operations and the service we provide our customers. We are now Jamaica’s leading food-service distributor and the fastest growing distributor in the retail sector.
As a testament to our focus on customer service we have once again been awarded the Jamaica Hotel & Tourist Association Purveyor of the Year Award for 2012.
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- Aquaculture is developing, expanding and intensifying in almost all regions of the world.
- Globally, production from wild capture fisheries has leveled off and most of the main fishing areas have reached their maximum potential, therefore, wild caught fish will not be able to meet the growing global demand for aquatic food.
- World aquaculture is heavily dominated by the Asia–Pacific region
- 89% of production in terms of quantity and 77% in terms of value.
- Asian imports have had questionable quality control issues
- Asian imports have hurt the US catfish industry by driving prices very low, but many times avoiding US quality control standards
- Catfish industry lost half their market share from 10 years ago.
- 2006 total aquaculture was 7 million tonnes worth US$78.8 billion with 7% annual growth rate.
- Aquatic plant production by aquaculture in 2006 was 15.1 million tonnes (US$7.2 billion) with annual growth rate of 8% since 1970.
- 72% of which was produced by China (mostly kelp and seaweeds)
- Most Consumed in 2013, Tilapia Ranked #4, Pangasius #6, and Catfish #8
- Global fisheries exports now earn more revenue than any other traded food commodity in the world, including rice, cocoa or coffee.
- Aquaculture of fresh fish and microalgae represents a synergistic production of two co-products with commercial value.
- For every 2 lbs of fish feed, 1 lb of fish and 1 lb of algae (using FCR:2.0)
- Farm based cultivation improves the sustainability of seafood by increasing supply of fresh fish to lessen strain on natural fish populations from overfishing
- Aquaculture in temperate or tropical regions have more consistent production schedule and yield compared to wild caught species.
- Aquaculture provides affordable source of protein; low in fat and sodium; and contains nutrients such as omega-3 fatty acids
- Eating a diet rich in seafood produce a healthier, smarter, and longer-lived population.
- Helps support local economies and microenterprises in farming through Co-Operatives.