June 22, 2011


TripleNine enters into JV for production of fishmeal and fish oil in China



Denmark-based TripleNine has entered into a joint venture for the production of fishmeal and fish oil in China.


This is the result of a visit to TripleNine by six representatives of DBN, TripleNine's new customer in China.


Earlier in January this year, during a trip to China, TripleNine's Business Development Manager Yanqi Zhang Larsen and CEO Christian Bisgaard succeeded in landing the company's first order for fishmeal to China after TripleNine was officially approved for export of fishmeal and fish oil to the significant Chinese market just before Christmas.


The feed producer DBN was the first Chinese customer.


TripleNine's CEO Christian Bisgaard said, "Entering into a joint venture with DBN means that we will be producing fishmeal and fish oil on the world's largest market for these products."


With a feed production of approximately two million tonnes in 2010, DBN - Beijing Dabeinong Technologies Groups Co. Ltd - is one of China's largest feed producers and the largest producer of feed for piglets.


With a production of 220,000 tonnes in 2010, the company is the largest producer of premix feed products in China. DBN is also co-owner of a large fishmeal factory.

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