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The new production line in Norway will boost capacity by at least 140,000 tonnes/year.

BioMar Chooses Karmøy for a New High-Efficiency Production Line

  (DENMARK, 6/17/2015)

Having considered a number of very attractive location options for the capacity expansion in Southern and Central Norway, the winning candidate was the BioMar Group'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.

BioMar Group takes a long-term view of the salmon market.

 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.

Jan Sverre Røsstad.

“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," says Jan Sverre Røsstad, BioMar Vice President responsible for the BioMar Group’s activities in Norway and the UK.

"We have already reached maximum capacity and if we want to continue to develop, further investment will be required”. So says Jan Sverre Røsstad, BioMar Vice President responsible for the BioMar Group’s activities in Norway and the UK," adds Jan Sverre Røsstad.

“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.

Carlos Diaz.

“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," comments Carlos Díaz, CEO of BioMar Group.

"Hence our further development in Norway will play a crucial part in the overall development of BioMar Group,” Diaz said.

About The BioMar Group

The BioMar Group is one of the leading suppliers of high-performance fish feed to the global aquaculture industry.

Currently, BioMar operates 11 fish feed factories in Norway, Chile, Denmark, Scotland, Spain, France, Greece, Turkey and Costa Rica.

The new production line will be one of the world's biggest and most efficient facilities.

Roughly one out of five farmed fish produced in Europe and South and Central America is fed with BioMar fish feed. Worldwide, BioMar Group supplies feed to around 60 countries and to more than 30 different fish species. . The BioMar Group is wholly owned by the Danish industrial group Schouw & Co, which is listed on the Copenhagen Stock Exchange.

BioMar is one of the leading suppliers of high-performance fish feed to the global aquaculture industry.

Source: The BioMar Group

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