# Ecuadorean fishmeal producer Pesquera Polar invests $10m in new plant - Undercurrent News

> Ecuadorean fishmeal producer Pesquera Polar is investing $10 million in a new fishmeal plant. The announcement concerns capacity expansion at a single company.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63621-ecuadorean-fishmeal-producer-pesquera-polar-invests-10m-in-new-plant
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Added Ecuadorean capacity increases future fishmeal supply, a modest bearish factor for prices over time.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2018/08/31/ecuadorean-fishmeal-producer-pesquera-polar-invests-10m-in-new-plant/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.