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China Surimi Leader Acquires Pollock Processor; FDA Delays FSMA Rule

China’s surimi industry leader purchases 70% of a notable pollock processor, while the FDA postpones the expansion of FSMA tracing regulations, which are vital for food safety. Opportunities for article access are available through subscriptions or free profiles.

On March 20, significant developments in the seafood industry made headlines. A leading surimi manufacturer from China has acquired a 70% stake in a prominent pollock processing company, indicating a major shift in market dynamics. Meanwhile, the U.S. Food and Drug Administration (FDA) has decided to postpone the implementation of the expanded Food Safety Modernization Act (FSMA) tracing rule, which was anticipated to enhance food safety protocols.

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The acquisition of a significant share in a pollock processing firm by a Chinese surimi giant illustrates evolving investment trends within the seafood sector. Concurrently, the FDA’s decision to delay the FSMA tracing rule highlights ongoing regulatory adjustments in food safety practices. These developments warrant attention from stakeholders in the industry seeking to understand market changes and compliance requirements.

Original Source: www.undercurrentnews.com

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