Atlantic Sapphire adds algal oil to feed.

Aquaculture Pioneer Atlantic Sapphire Announces the Inclusion of Algal Omega-3 Feed Ingredients

The largest global land-based aquaculture company, Atlantic Sapphire ASA ("Atlantic Sapphire"; OSE:ASA / OTCQX: AASZF) has announced it has partnered with Skretting to include Veramaris ASC-MSC certified sustainable algal oil from Q4 2021, reducing the fish oil content in its salmon feed by approximately 25% and accelerating the process of eliminating the use of marine-derived feed ingredients by 2025.

Florida-based Atlantic Sapphire raises salmon on land in the United States using specialized Bluehouse farming technology, where the fish are raised sustainably in conditions that optimize fish welfare, the health of people and the planet.

Johan Andreassen.

Atlantic Sapphire CEO Johan Andreassen said: "This partnership is great news for retailers looking to expand the options available on their shelves and for seafood consumers who want to eat a delicious, healthy and sustainable protein. To nourish both people and planet, we raise salmon on land in the United States meaning we have no impact on coastal areas and minimize the carbon footprint associated with air freight. Having a sustainable EPA & DHA alternative for our feed is critical in helping us achieve our ambition of having zero impact on the oceans, and working with Skretting and Veramaris, we believe we have the right partners to get there. Simultaneously, we will continue to work with Skretting on other novel ingredients to help us minimize our footprint as we move towards our mission to be the healthiest and most sustainable animal protein producer in the world."

Skretting is a world leader in the manufacture and supply of aquaculture feed and services. Their innovative approach is aimed at achieving optimum nutritional value, sustainable production and economic performance as they seek to fulfil their company-wide purpose of 'Feeding the Future'. In December 2021, Skretting announced its intent to build a new feed facility close to Atlantic Sapphire's Bluehouse in Florida to lower the cost and footprint of the feed. The long-term feed agreement commits both parties to a close cooperation on R&D and development of Bluehouse feeds for the future, through both financial commitments and sharing of knowledge from and between the two organizations.  

Therese Log Bergjord.

Therese Log Bergjord, CEO of Skretting said: "We are pleased to be working together with Atlantic Sapphire to reach ambitious objectives. We have pioneered R&D to reduce marine ingredients in feed for over a decade; now, combined with our expertise in the highest quality feeds for land-based aquaculture we have formulated a specific diet for Atlantic Sapphire containing Veramaris algal oil. Together, we are using technology, innovation, and teamwork to bring local, delicious and sustainable salmon to the US market."

Veramaris' algal oil, developed as a sustainable source of both EPA & DHA Omega-3, is used to supplement or replace fish oil across the aquaculture value chain from feed producer to retailer. The oil has the highest potency (>60%) available on the market and Veramaris is the first microalgae producer to have achieved joint ASC-MSC certification. Veramaris algal oil was introduced into Skretting's feed for Atlantic Sapphire feed starting in Q4 of 2021.

Karim Kurmaly.

Karim Kurmaly, Veramaris CEO said: "This is a partnership bringing together three innovative companies playing their part to bring sustainable salmon to the USA, the biggest consumption market in the world.

"We are excited to be part of Atlantic Sapphire's journey. It signals the direction the aquaculture industry is taking to become more sustainable while delivering on the documented value of salmon as part of a healthy and balanced diet.

"We are committed to working with partners along the value chain to bring transparent and sustainable solutions to the industry that results in healthy fish, healthy food and healthy oceans".

About Atlantic Sapphire ASA

Atlantic Sapphire ASA (OSE:ASA/OTCQX: AASZF) is pioneering Bluehouse® (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire has been operating its innovation center in Denmark since 2011 with a strong focus on R&D and innovation to equip the Company with the technology and procedures that enable the Company to commercially scale up production in end markets close to the consumer. 

In the US, the Company has identified and obtained the requisite permits to construct its Bluehouse® in the ideal location in Homestead, Florida, just south of Miami. The Company has completed Phase 1 construction, which provides the capacity to harvest approximately 10,000 tons (HOG) of salmon annually. The Company completed its first commercial harvest in the US in September 2020. Atlantic Sapphire is currently constructing its Phase 2 expansion, which will bring total annual production capacity to 25,000 tons, and has a targeted harvest volume in 2031 of 220,000 tons.

Atlantic Sapphire produces ocean-safe, sustainable seafood at its original Bluehouse in Denmark, and its larger Bluehouse in Homestead, Florida.

About Skretting

The zero-waste industrial scale production process runs at a state-of-the-art site in Blair, Nebraska, USA.In January 2020, Veramaris became the first microalgae oil producer for feed to achieve joint ASC-MSC certification therewith expanding the world's access to certified EPA& DHA Omega-3 by 45%. Veramaris represents the sustainable choice for Omega-3 nutrition in both the aquaculture and pet food industries. Salmon, shrimp and other species as well as cats and dogs can now grow up on EPA & DHA Omega-3 from natural marine algae, which reduces reliance on wild-caught fish for feed.

Source: Atlantic Sapphire

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