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BioMar Norway decides to continue fight for industry wide access to costefficient smoltification methodology

While the Norwegian judgement does not affect BioMar’s right to continue to produce and sell the current product portfolio for smoltification in any countries, BioMar has decided to appeal the judgement on having infringed one of the two existing STIM patents in Norway and violated the Marketing Act.

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BioMar Group delivers all-time-best results

Closing the year 2019, BioMar Group reports record revenue and earnings, reflecting increase in volumes sold and a stronger product offering. All three business divisions contribute to the positive development.

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BioMar receives an award for foreign investment in Ecuador

Ivan Ontaneda Berrú from the Ministry of Production, Foreign Trade, Investments and Fisheries in Ecuador has acknowledged BioMar for its foreign investment in Ecuador. The award is in recognition for being part of the new economic model of the country and for the trust that BioMar has placed in Ecuador for the investment of new projects including expansion of production and R&D capabilities.

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BioMar announces commissioning has commenced at Wesley Vale

In a boost for the North-West economy BioMar Australia have confirmed commissioning has commenced at their Wesley Vale facility with some 38 staff now employed, offices open and world class laboratories now in operation. The facility is on track to be in production by April and an official opening expected in late May.

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BioMar feed bags recycled into a playground

At the beginning of 2019 BioMar Ecuador launched a recycling feed bag campaign called "Bags filled with ...". In Ecuador recycling is a relatively new idea and normally most empty feed bags are discarded ending up in landfill and potentially contaminating the environment.

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Restoring Abundance to our Oceans

At Sustainable Brands Oceans in Porto, Portugal today Alexandra Cousteau, Environmentalist and advocate for our oceans, launched her Ocean 2050 campaign outlining the blueprint for restoring abundance to the oceans. She has partnered with companies like BioMar to activate projects designed to create the blueprint for the oceans by 2050

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Solid third quarter performance improving revenue and earnings

BioMar is delivering solid results across the globe. A strong financial result in Q3 brings the group to raise the overall guidance for the year once again. BioMar reported a 3% year-on-year increase in volumes sold in the third quarter of 2019, driving the revenue up by 10% to DKK 3,404 million from DKK 3,104 million in Q3 2018. EBITDA improved by 28% when correcting for the impact of IFRS 16.

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BioMar introduces authenticity DNA testing for marine ingredients

The testing platform, developed by Norway-based Orivo in collaboration with BioMar, is based on advanced DNA-technology. The test determines the species composition of marine ingredients with a high level of precision, able to detect the presence of even very small amounts of DNA. BioMar believes that DNA-testing of marine ingredients in the aquaculture industry is a natural answer to the call from customers and stakeholders for improved transparency and traceability in seafood value chains.

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