Tassal

Tassal Limited

Type	Public company
Traded as	ASX: TGR
Industry	Food processing, fishing
Founded	Tasmania, Australia
Headquarters	Hobart, Tasmania, Australia
Area served	Australia, New Zealand, Asia
Products	Processed and canned fish products
Services	Fishing
Revenue	A$272 million (2013)
Operating income	A$47 million (2013)
Net income	A$33 million (2013)
Website	http://www.tassal.com.au/

Tassal pioneered salmon farming in Australia in 1986 and is now Australia's largest Salmon producer as well as one of the largest employers in Tasmania.

In November 2003 Tassal grew from a privately owned operation to a major public company listed on the ASX. Tassal produces traditional fresh, frozen, smoked, canned and other value added salmon products for retail, wholesale and export markets.

Tassal‘s Head office is in Hobart, with offices across Tasmania including the Huonville and Margate regions. The Sales and Marketing office is located in Melbourne.

Tassal has two retail stores located in Salamanca, Tasmania and Kew, Victoria.

Tassal's main competitors in Tasmania are Huon Aquaculture and Petuna Seafoods.

Operations

Tassal operates three main hatcheries that have the capacity to produce ten million smolt a year. These smolt come from broodstock from an industry selective breeding program; five million of these smolt are kept at the state-of-the-art Rookwood Road Hatchery, which is set to undergo an expansion due for completion in April 2016 where we will see the overall capacity of Rookwood one and two reach in upwards of 10-11 million smolt. After 8-12 months at Rookwood Road these smolt are transferred to sea.

Tassal has six marine regions, where the standard pen has a volume of 11,600 cubic meters and holds enough salmon to produce 120 tonnes once harvested. Salmon are kept in these large sea cages between 12-18 months and continue to grow until they are ready to be harvested at an average weight of 5.0kg live weight.

Tassal has three processing sites including a smokehouse that produces an average of 15.4kg finished product per minute or 3,048 tonnes every year.

Sustainability

Tassal is committed to sustainable practices across its business and launched its first annual Sustainability Report in March 2012, which published the organisation’s achievements to date, together with a snapshot of future sustainability initiatives across all operations. There are now four editions of the Sustainability Report.

In March 2012, Tassal embarked on a three-year sustainability journey with WWF-Australia to work together to achieve the highest global standard of responsibly produced seafood.

In December 2012, the Global Aquaculture Alliance (GAA) announced Tassal as the first salmon producer in Australia to achieve full Best Aquaculture Practices (BAP) certification at farm level.

In July 2014, Tassal was benchmarked as the world’s top salmon farming company in corporate, social and environmental reporting.

In November 2014, Tassal becomes first salmon farm to achieve full certification by the Aquaculture Stewardship Council across all sites.

Tassal continues it’s aim to protect, conserve and enhance the environment for current and future generations.

External links

• Official website