Biomar Fish Farming
And it has credited Marks Spencer salmon supplier Scottish Sea Farms as one of the customers enabling it to reach the figure which it described as a major sustainability milestone. BioMar is aiming to offer fish farmers around the world a complete range of functional feeds effective against the most serious production disorders and covering the entire production cycle for a large number of farmed species.
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Following an impressive Q1 BioMar Group continues to deliver solid financial results.
Biomar fish farming. BioMar is to supply feed for Europes biggest on-land Atlantic salmon farm planned in Sweden it said today. The performance was based on contract re-wins in the Mediterranean markets offset by less favourable fish farming conditions in northern Europe relative to last year. Aquafeed group BioMar saw year on year revenue rise slightly for the second quarter of 2021 but net earnings were slightly down thanks to increased raw materials and logistics costs.
Fish farming is currently the form of meat production that provides the provides the greatest return on the feed. Aquaculture feed giant BioMar reported increases in volumes and revenues in the second quarter of the year compared to the same period in 2020. This action provides an alternative to frozen fish which is generally imported from Asia and is increasing general awareness.
Following a series of trials over the past two years BioMar said has signed a contract with Minze Long Yang Xia the largest trout farmer. BioMar was the first to. The report underlines the sustainable growth of BioMar as increased volumes and revenue are accompanied by strong earnings.
By including microalgae in aquaculture feed diets we can bypass the wild fish stocks and go straight to the original source of essential omega-3s said BioMars. This will be achieved through innovation and sustainable sourcing with industry partners and will likely redefine traditional aquaculture feed ingredients said. Salmon Groups members comprise small and medium-sized farmers but together they purchase around 12 of all fish feed that.
Algae specialist Corbion and aquaculture feed company BioMar have joined forces with the Norwegian-based Salmon Group the worlds largest network of local family-owned fish farming and aquaculture companies. BioMar 2030 Ambitions. Sustainability is about the use of input factors in relation to yield.
This was despite a significant rise in raw material prices and logistic costs creating challenging margins said the company. BioMar has for decades been one of the driving forces behind the development of products for recirculation. BioMar is the world leader of fish feed to fish farming industry and supplies for more than 45 species in more than 80 countries.
BioMar and Quality Salmon Sotenäs AB have agreed a deal for BioMar to provide feed for Quality Salmons new site once it starts production in 2022. The group has reported an increase in volumes sold in all. However sales in the salmon sector were down with increased volumes in Europe and Australia countered by a decrease in Chile due to reduced biomass.
The new facility has already proven to deliver high and consistent quality making it possible to transfer production of high-end aqua feeds for China that were previously produced in Denmark. Today this product range embraces furthermore high-performing products for land-based. A major land-based salmon farming project in Sweden has signed up international feed group BioMar as its supplier.
BioMar is committing to 50 of raw materials being circular and restorative for both planet and people by 2030. BioMars Europe Middle East and Africa division reported a modest year-on-year improvement in volume sales. As a response to the increased focus on how land-based farming impacted the water quality of creeks and rivers BioMar started the development of the product range Orbit back in the late 1980s.
The BioMar-Tongwei Joint Venture partnership has now begun commercial production of aqua feeds in their new factory based in Wuxi China. The Danish feed manufacturer has signed a letter of intent with Quality Salmon Sotenäs AB to supply the facility when production commences in 2022. Farming in recirculation aquaculture systems RAS gives an opportunity for maximising farming conditions reducing emissions of nutrients to the aquatic environment reducing water consumption and for farming with a high level of bio-security.
The farm based in Sotenäs in western Sweden aims to produce 100000 tons of salmon annually. BioMar has now produced 1 million tonnes of salmon feed containing omega-3 from microalgae it said today. The smaller the amount of nutrients and proteins we use to produce food the more sustainable it is.
The sales volume increased by 9 while the revenue increased by 7 compared to Q2 last year. Danish feed group BioMar said it is involved in lowering the environmental footprint of trout production in China as the Chinese government rolls out new guidance to accelerate the sustainable development of its aquaculture industry. The growth was mainly delivered by robust.
Long Yang Xia trout farm China. EBITDA however was down around 3 to DKK 215m 246m. In an initiative to introduce the children to eating fresh fish BioMar is supplying both orphanages with 10 kg of local farmed fish each month.
BioMars revenue for Q2 was DKK 2858m 326m up 6 on the same period in 2020. The 44 salmon farming companies that make up the Salmon Group a Norway based network and purchasing cooperative have signed a deal with leading fish feed manufacturer BioMar for a bespoke feed formulation that comes with a 20 lower carbon footprint.
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