Ex­tra feed line to han­dle Ecuador shrimp growth

Fish Farmer - - World News -

BIOMAR Group is to build a new line for ex­truded shrimp feed in Ecuador to keep up with the growth in vol­umes be­ing sold.

The ex­pan­sion will ac­com­mo­date the devel­op­ment of new prod­uct ranges and is ex­pected to be ready in early 2020.

The new line will add ap­prox­i­mately 40,000 tonnes ca­pac­ity and is ex­pected to be­come op­er­a­tional in Q1 2020, a year after the lat­est ca­pac­ity ex­pan­sion, which is due in Q1 2019.

‘We have ex­pe­ri­enced a strong growth in Ecuador since the ac­qui­si­tion of Ali­mentsa in 2017 and we cur­rently op­er­ate at our ca­pac­ity limit,’ said Hen­rik Aare­strup, vice-pres­i­dent Emerg­ing Mar­kets in the BioMar Group.

‘For our cus­tomers, the new line will mean in­creased flex­i­bil­ity and in­creased choice, as it will sig­nif­i­cantly ex­pand our ca­pac­ity for ex­truded and value added feed so­lu­tions.’

Shrimp pro­duc­tion in Ecuador has been grow­ing by dou­ble dig­its in 2018, mak­ing the coun­try the third largest shrimp pro­duc­ing na­tion in the world.

‘The Ecuado­rian shrimp sec­tor will con­tinue to grow in the com­ing years, how­ever at a some­what slower pace than in 2018, where we have seen an ex­cep­tion­ally high growth,’ Aare­strup added.

‘Ecuador has a com­pet­i­tive edge when it comes to pro­duc­ing shrimp in a re­spon­si­ble man­ner, with high fo­cus on both sus­tain­abil­ity and prod­uct qual­ity.

‘Re­cent ini­tia­tives, such as the launch of the Sus­tain­able Shrimp Part­ner­ship, will fur­ther en­hance this po­si­tion.’

The in­vest­ment is part of BioMar’s strate­gic plan for the shrimp busi­ness, which also in­cludes a re­cently in­au­gu­rated re­search and trial unit in con­nec­tion with the plant in Ecuador.

Above: Hen­rik Aare­strup, BioMar’s vice-pres­i­dent Emerg­ing Mar­kets

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