The new production line in Norway will boost capacity by at least 140,000
tonnes/year.
One of the worlds biggest and most efficient facilities
Having considered a number of very attractive location options for the capacity
expansion in Southern and Central Norway, the winning candidate was the
company’s existing plant at Karmøy. The new production line will come on stream
in Q2 2017, making the factory one of the biggest and most efficient fish feed
production facilities in the world.
Believes in long-term growth
In 2014, the available Norwegian market for feed shrank and the margins
achieved came under pressure as a consequence of Marine Harvest’s launch of
its own feed production operation. “We must expect the market to undergo short-
term fluctuations. At BioMar, we take the long view and are investing for future
growth in Norway that we are firmly convinced will come. We have already
reached maximum capacity and if we want to continue to develop, further
investment will be requiredâ€. So says Jan Sverre Røsstad, BioMar Vice President
responsible for the BioMar Group’s activities in Norway and the UK.
In the vanguard of development
“The Norwegian aquaculture industry leads the field in terms of technological
development,†says Røsstad. “The forthcoming investment at Karmøy will equip
the factory with state-of-the-art process technology, technology that leads the
field. As well as boosting our capacity and supporting our product development the
investment will also further enhance our production and logistics efficiency. ,†he
concludes.
BioMar Group takes a long-term view of the salmon markets
“Although BioMar Group is aiming for further growth in new geographical areas,
this does not change our long-term commitment to the salmon markets, which will
continue to be of key importance to us. Hence our further development in Norway
will play a crucial part in the overall development of BioMar Group,†comments
Carlos Diaz, CEO of BioMar Group.