According to Pakistan's Business Chronicle on January 1, Pakistan Organic Meat (Tomcl) said it has become the first company in South Asia to successfully export heat-treated frozen beef products to China. Pakistani meat processor TomCl shared the development in a notice to the Pakistan ** Exchange on Monday.
We are pleased to inform you that Pakistan Organic Meat*** is now the first company in South Asia to successfully export deli heat-treated frozen beef products to the People's Republic of China on December 31, 2023", reads the notice. "China is the world's largest importer of meat, importing about 3.1 million metric tons of beef and lamb in 2022, and Pakistan Organic Meat*** has gained a unique position as one of only two companies to be granted a license to export deli beef products from South Asia to China", it added.
With these notable approvals and the start of aggressive exports to China, Pakistan Organic Meat*** will explore new areas and expects a significant increase in export volume and turnover, the company said. "We believe that this milestone will not only enhance the company's position in the industry, but will also create substantial value for our esteemed shareholders. We look forward to the positive impact that this new product line and the opening of (new) geographies (markets) will have on our business and are excited about the opportunities ahead and the creation of good value for our shareholders", it added.
As early as 2021, the Chinese customs authorities approved Pakistani Organic Meat*** to export heat-treated beef to China. Last week, the Pakistan Organic Meat*** board of directors approved expansion plans for the company's production facilities and upgrades. "Pakistan Organic Meat***'s Board of Directors has approved management's decision on the company's production facilities and plans to upgrade and expand," the statement said. "Pakistan Organic Meat*** shared that it has significantly expanded its existing meat freezing and freezing capacity by increasing its investment expenditure by Rs 600 crore.
Pakistan Organic Meat*** is engaged in the processing, sale and export of halal meat and related products. Middle Eastern countries are the main export markets for Pakistan's organic meat***. However, the company has added pet food ingredients to its portfolio, allowing it to tap into the US and European markets. The company also has significant operations in the Far East, CIS and South Asian markets. It also claims to be the first company in Pakistan to start exporting vacuum-packed fresh beef, and the only company in the region to have vacuum-packed or frozen mutton and beef tetrad technology.