The Royal Caviar Company hatches first batch of sturgeon eggs in Abu Dhabi

5th September 2011, Abu Dhabi, UAE: The Royal Caviar Company (TRCC), the world's largest and most technologically advanced producer of high quality sustainably produced caviar, has witnessed the hatching of its first sturgeon fish here in Abu Dhabi. Almost 120,000 sturgeon eggs were flown in from Germany last month, and since their arrival, TRCC has seen more than 80% of these eggs successfully hatch - representing the company's first batch of locally-grown sturgeon.

The young sturgeon will be reared not only for the production of caviar and sturgeon meat products, but will also form a part of the company's first broodstock for breeding.  TRCC's Abu Dhabi-based factory utilises world-leading pisciculture technology from its partner United Food Technologies AG to deliver the best quality end product in significant volumes each month. Thus, the factory's state-of-the-art and controlled facilities provide an ideal environment for breeding, as recent success has shown. Moving forward, TRCC aims to have sturgeon eggs hatch on a yearly basis to allow the factory to become entirely self-sustaining.

Robert Harper, Group Commercial Director of Bin Salem Holding, owners of TRCC, commented;

"The Royal Caviar Company is well placed to address the world's growing demand for high quality caviar and this first substantial hatching is an exciting milestone for the factory as we look towards long term self-sustainability here in Abu Dhabi.  Over 120,000 eggs achieved a hatch rate of 80%, which is highly encouraging and we look forward to this batch of sturgeon producing our Year Five harvest."

TRCC is the largest caviar factory of its kind in the world, allowing economical use of the world's best technology and enabling monthly production of high quality caviar and fillets. When fully operational, the 50,000m2 factory has the capacity to produce up to 35 tonnes of caviar each year - satisfying almost 10% percent of the global supply and demand gap.  The first commercial batch of caviar and fillets is planned for the second half of 2012.

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The Royal Caviar Company
Owned by Bin Salem Holding and created in partnership with United Food Technologies (UFT), The Royal Caviar Company (TRCC) is the world's largest and most technologically advanced producer of high quality sustainably sourced caviar and sturgeon fillets.  The company is set to release its first commercial batch of caviar and fillets in the second half of 2012.

Based in Abu Dhabi, TRCC operates out of a factory sized at 50,000m2. The factory is capable of producing up to 35 tonnes per annum of high quality caviar of Ossetra standard. Using cutting edge technologies, the factory aims to help meet the growing global demand for caviar, minimising the pressure on wild endangered sturgeon and providing quality of life for the fish.

For more information, please visit www.theroyalcaviarco.ae.

Bin Salem Holding
Bin Salem Holding is one of the UAE's largest family-owned groups of companies, focused on global growth, innovation and entrepreneurship, and a deeply rooted commitment to the Abu Dhabi community and the 2030 Vision.

Based in Abu Dhabi, the group was first consolidated in 1995, and now consists of 20 subsidiary companies.  These companies cover a wide range of industries, including automotive, construction, defense, education, engineering, healthcare, hospitality, industrial agriculture, real estate, technology and now pisciculture.

For more information, please visit www.binsalem.ae.

United Food Technologies AG: First choice for modern aquaculture solutions
The core business of United Food Technologies AG (Germany) is the construction of modern, highly profitable and environmentally friendly aquaculture facilities. Different species of fish can be produced based on this patented technology.

Many years of experience combined with research and development gives UFT significant technological advantage in the construction and operation of recirculation systems and a unique feature in the production of sturgeon and caviar.

A specific feature of this aquaculture technology is the highly efficient and ecologically friendly recirculation system. The motto here is: Maximum result through minimum energy and fresh water application. The facilities can be set up in nearly any and every location worldwide and offer independence from the conventional fish buying market. The quality of the fish remains the same constantly because the living conditions can be regulated and with it optimum growth conditions can be created.

UFT AG is a part of the United Food Group, the technology and market-leader for aquaculture projects in recirculating aquaculture systems (RAS).  The group of companies includes well-known and highly specialised companies that cover all the stages of the value-added chain - from project planning and financing of aquaculture projects to their planning and construction to system management and distribution of the products produced in the systems. All the companies have one thing in common: High technical competence, reliability and equally high quality standards.

Within the group of partner companies, United Food Group not only provides the system design and the technical components but also provides a comprehensive network for successful project development using professional feasibility studies and financing concepts. In addition, intensive support is provided for operating the systems and in the area of ​​after-sales service including the development of operating models, development of product marketing strategies and international marketing.

Find more on www.uftag.com.

For images, footage, interviews or to arrange a tour of the factory, please contact Fadwa Hashimi at 055 497 8750 or email binsalem@hillandknowlton.com.

© Press Release 2011