[Business] Caviar: Sustainable Production and Its Application to Other Fields
Sang Hun Han, CEO and Founder of Almas Cavier Co. Ltd., spoke on January 17th at the Lotte Hotel Seoul about his company's valuable product. It was none other than the Sturgeon's caviar. Mr. Han established and started sturgeon farming back in 1992 to become a caviar producer, distributor, and exporter. In order to get into the market, he began producing caviar in 2006 outside of Korea. In 2008, he was able to supply caviar to the Korean market and one year after that he was invited to various international food shows, including Boston International Seafood Show and European Seafood Show.
He stated that "In 1985, I bought caviar at Russian airport, I paid only $400. However, things have changed quite a lot. If we try to buy the same amount of the caviar nowadays, we pay 30 times more."
Contrary to other company's sturgeon farming system, he noted that he chose to facilitate an environmentally friendly one. "I'm convinced that our farming system is more environmentally friendly than that of our rival companies." As he explained, most of caviar farmers must kill the fish in order to obtain the caviar. However, his company developed a way to get through the oviduct of the fish. So he maintains his business without having to kill any fish. In addition, due to the its natural immune-boosting qualities, sturgeon's spawn can help patients with weak immune systems.
Luxury indulgence purveyor told us that "What's more important is that while consumers currently need up to 2,000 tons of caviar per year, the market can only supply 150 tons. This disproportion keeps the price soaring."
Caviar: Sustainable Production and Its Application to Other Fields
Sang Hun Han, CEO and Founder of Almas Cavier Co. Ltd.
12:00 p.m. Tuesday, January 17, 2012
Lotte Hotel Seoul, Charlotte Suite, 36th Floor
RSVP by Friday, January 13, 2012
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