Omega Protein Announces Shrimp Hull Processing Project in Mississippi

The Company plans to install and operate shrimp hull processing equipment and then process shrimp hulls at its facility into high quality marine ingredients.

25 Jun 2010 --- Omega Protein Corporation, the USs leading producer of Omega-3 fish oil and specialty fish meal products, announced that it will build and operate a shrimp hull processing facility at its Moss Point, Mississippi facility. The Company plans to install and operate shrimp hull processing equipment and then process shrimp hulls at its facility into high quality marine ingredients. The shrimp hull raw material will be provided for no cost by Mississippi shrimp processors who will be able to conveniently process those hulls at Omega Protein's facility without fees, rather than pay disposal fees to third-party landfills.

Construction on the project is expected to commence later in 2010 and the project is anticipated to be completed in 2011.

"This project helps to provide an environmentally friendly solution for Mississippi's shrimp processors," commented Omega Protein Chairman of the Board and Chief Executive Officer, Joe von Rosenberg. "The project will provide significant benefits for Mississippi Gulf Coast communities and illustrates how two industries can both benefit when working together cooperatively."

Omega Protein has a long history of being a good neighbor on the Mississippi Gulf coast. In 2000 and again in 2009, Omega Protein donated former vessels from its fishing fleet to the Mississippi Gulf Fishing Banks to be used as artificial reefs for recreational fishing. The Company has been a part of the Jackson County community for more than 50 years and currently employs more than 300 Mississippi residents.