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"Aquaculture, not the Internet, represents the most promising investment opportunity of the 21st Century."

- Peter Drucker, Management Expert & Economist


BioMar to establish fish-feed factory in Australia

Biomar has announced plans to establish its first feed factory in Australia, with a yearly capacity of 110,000 tonnes, to help service a range of the country's aquaculture sectors including salmon, trout and yellowtail kingfish.

The Danish firm has been delivering an increasing volume of feed to Australia from its factories in Chile and Scotland and sees the markets in both Australia and New Zealand as having a high potential for growth. Biomar is already cooperating with local state government to build the required foundation for regulatory approval and hope to start production in Australia by 2019.

"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," explains Carlos Diaz, CEO of the Biomar Group.

Through the presence in Australia the Group has obtained a hands-on understanding of the local farming conditions and challenges. Its ambition is to support the customers by developing high performance products tailored to local farming conditions with a strong profile in regards to sustainability, feed safety and food quality.

"I am confident that our approach of balancing local agility and global excellence will give us a solid position in Australasia. We have already established very successful cooperation with key customers and we are looking forward to working with a broader base of customers developing the aquaculture industry in Australia and New Zealand. The world around us is changing and there is an increasing need for combining sustainability and efficiency. We clearly see that end-consumers are changing buying patterns towards high quality products with a responsible profile. We firmly believe that working closely together with the value chain can prepare the industry to take a lead in the global food sustainability agenda," adds Diaz.

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