July 20, 2015

New fishmeal plant to be set up in Sakhalin Oblast, Russia

Yuanchzhen, a fish company from China, looks to setting up a fishmeal production plant in the Sakhalin Oblast, Russia. The new facility, which could get state support, will be based in the Korsakovsky district, a key fishing area in the region.

With 43,000 tonnes of fish caught in the district last year, representatives of the project said that the plant will be sufficiently backed by a local raw material base.

A partial volume of the plant’s output may likely be delivered to markets outside Far East Russia which does not possess a well-developed livestock and feed industry, and hence, not a conducive environment for fishmeal sales.

Yuanchzhen representatives have yet to disclose the total capital and capacity of the plant.