Danish fish feed producer BioMar has expanded production capacity by 140,000 metric tons at its Karmøy facility in Norway and invested in a “new generation” LNG vessel to transport feed from the factory.
Skretting, Nutreco’s fish feed arm, is establishing a new R&D facility in Chile, while also weighing up RAS systems and raw materials as part of a €6m research capacity expansion project.
Skretting, Nutreco’s fish feed division, is lending its expertise to a new tilapia feed plant in Kenya run by animal and human nutrition product developer, Unga Holdings.
Olam International said it has broken ground on an integrated feed mill, poultry breeding farm and hatchery in Kaduna State, Nigeria. When completed, it will be the largest such operation of its kind in the African country.
As Nutreco further develops its catfish feed plant in Ibadan, Nigeria that it runs as a joint venture, we hear about the Dutch group’s strategy for Africa.
Nutreco’s aqua feed division, Skretting, is teaming up with local experts to expand tilapia production in Egypt as it also hikes its fish feed capacity in that country.
Animal and fish feed group, Nutreco, said it fully endorses the bid from privately-held Dutch investment firm, SHV, to acquire it for €40 ($51) per share, or €2.69 billion ($3.43bn), and it dismissed speculation about third party bids for the business.
Nutreco’s fish feed division, Skretting, is ploughing a significant amount of its research funds into the development of alternative proteins to fishmeal for the aquaculture sector.
An analyst questions Nutreco’s move to set up a joint venture in fish feed in Nigeria, saying the Dutch feed group should remain focused on the massive growth potential of the Asian and Latin American aquaculture markets instead.
Raisioagro, the feed and grain division of Finnish food group Raisio, is to cease production of poultry and pig feed due to a “lack of competitiveness” in the market there.
A global feed maker on the hunt for a strategic buy could snap up Nutreco’s compound feed and meat businesses in Spain and Portugal, claims an analyst.
![Egyptian aquaculture sector expected to grow from 1.3m tons in 2014 to 2m tons in 2020 [pic: (c) istock.com]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/3/0/7/9/759703-1-eng-GB/Skretting-invests-as-Egyptian-aquaculture-sector-forecast-to-nearly-double-by-2020.jpg)
