Shiok Meats has partnered with Vietnamese conventional shrimp producer Minh Phu Seafood to open a cultivated seafood R&D facility. The two companies have signed a MOU, committing to establishing a joint facility in Vietnam and carrying out research into sustainable seafood. Additionally, they will explore the opportunity to develop, produce, market, and distribute cultivated shrimp products.
“Setting up a joint R&D facility with Minh Phu Seafood is a major milestone for us”
According to the companies, the collaboration could pave the way for conventional seafood companies to diversify, offering cultivated seafood alongside the traditional variety. Minh Phu says its long-term vision is to pioneer new technologies to make the seafood industry more sustainable.
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