Soltai Expands Capacity

Tri Marine Increases Production from Solomons Islands Tuna Plant


FOR IMMEDIATE RELEASE: JANUARY 8, 2007

Noro, Solomon Islands—The Honorable Manasseh Sogavare Prime Minister of Solomon Islands officially reopened the tuna processing plant at Noro, Solomon Islands on Monday, January 8, 2007. Joe Hamby and Prime Minister Manasseh Sogavare The plant is owned by Soltai Fishing and Processing Limited.

Tri Marine International’s managing director Joe Hamby attended the ceremony and assisted Prime Minister Sogavare along with Mr. Fred Seda, Chairman of Soltai, in cutting the ribbon to symbolize the reopening of the plant.

General manager of Soltai Mr. Milton Sibisopere gave a tour of the expanded and newly renovated plant which was shown to be busy making double cleaned yellowfin loins and catering size canned tuna for the EU market plus Soltai’s own label Solomon Blue in 430 gram and 100 gram sizes for the domestic market.

The majority of the raw material for the plant is supplied by National Fisheries Developments, a Solomon fishing company owned by Tri Marine. NFD owns and operates three Solomon flag purse seiners.

The Soltai-NFD-Tri Marine partnership represents the only fully integrated, locally owned, staffed and managed tuna fishing and processing operations in the Western and Central Pacific.

Background on Tri Marine

TriMarine is the premier independent strategic supplier of tuna to the global tuna industry. Its business interests include fishing, trading, processing and marketing primarily of tuna and tuna products. TriMarine was formed in Singapore in 1972. Since then the company has grown to be one of the largest tuna supply companies in the world. TriMarine is privately owned.