March 27, 2017

Danish firm BioMar building fish feed factory in Australia

Danish aquaculture feed maker BioMar Group said it will build a greenfield feed factory in Australia with a yearly capacity of 110,000 tonnes. It is projected to be completed in 2019.

It said it was cooperating with local state government building the required foundation for approval. "The aim is to be able to serve the customers, being locally agile with a solid foundation of global product development and technical experience within species such as salmon, trout and yellow tail king fish", it added.

BioMar Group CEO Carlos Diaz aid, "In 2016 we opened a factory in Turkey and this year we will be ready with our second factory in China as well as with expanded capacity in Norway. In 2019 we aim to open a feed factory in Australia supported by our established factories, technical experts and global R&D department. We are as a group dedicated to fulfil the growth ambitions in our strategy being an independent premium feed supplier with a high degree of global cooperation".

Both the Turkey and the second Chinese plants each have a capacity of 50,000 tonnes.

BioMar will also expand capacity at the Norwegian plant in Karmøy, north of Stavanger, to no less than 140,000 tonnes a year.

At present, BioMar's plants supply feed to about 20% of all fish farmed in Europe, South and Central America.

Last year BioMar manufactured 966,000 tonnes of fish feed at its plants. This year, the capacity is to increase by about 200,000 tonnes, and from 2019 by additional 110,000 tonnes at the new Australian plant.