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Press and communication regarding our company and business

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Sif Rishøj

VICE-PRESIDENT, PEOPLE, PURPOSE & COMMUNICATION

EMAIL: sri@biomar.com

Press releases

See the latest corporate press releases from the BioMar Group

BioMar raises expectations for 2023

November 14 2023

BioMar is coming out of the third quarter with a 5% increase in volumes year-on-year. The increase in volumes, combined with a strong product strategy, is driving up results. Being almost through 2023, BioMar raises expectation for EBITDA for the full year, driven by the operational results.

Yield10 Bioscience and BioMar aim to grow fish oil on land

October 31 2023

Yield10 Bioscience and BioMar Group have signed an agreement to form a long-term partnership to commercialise a Camelina crop containing enriched levels of EPA and DHA equal to fish oil. After a decade of research, this Omega-3 Camelina technology is now advancing toward market availability and has the potential to become another important, high-quality supplement to the scarce supply of marine long-chain fatty acids.

BioMar announces Derek Kohn as the new Managing Director for Biomar Chile

September 28 2023

As of November 2023, renowned executive Derek Kohn will take over the role of Managing Director for BioMar Chile, with the aim of further advancing the company’s commitment to sustainable and innovative aquaculture.

BioMar further invests in LARVIVA hatchery feed success

June 19 2023

BioMar Group announced the expansion of the marine hatchery trial facilities at their Aquaculture Technology Centre (ATC) Hirtshals in Denmark. The investment will allow for an expansion into a new larger facility with the capability of performing trials in semi-industrial conditions.

Loch Duart Salmon pioneers sustainability and health advancements in the UK with BioMar’s innovative Blue Impact feed

June 1 2023

Loch Duart, the small-scale, low-impact salmon farm based in North West Scotland, has furthered their commitment to raising the best-tasting salmon with the lowest possible impact on the environment by switching to global aqua feed producer BioMar’s new Blue Impact diet. Loch Duart is the first salmon producer in the UK to use the Blue Impact feed, launched by BioMar last year.

Solid start of the year for BioMar

May 9 2023

Compared to the turbulent beginning of 2022, BioMar delivers a very strong result for the first quarter of 2023. While EBITDA is more than doubled, revenue grew by 21%. At the same time, BioMar emphasizes the strong performance of the joint-ventures in China and Turkey.

BioMar and Agronutris partner on the next generation insect meal

April 25 2023

BioMar and Agronutris have signed a long-term partnership to develop the next generation of black soldier fly meals specifically designed for the needs of the aquaculture industry. After years of R&D, insect meal is now seen as a promising new ingredient on a clear pathway to being widely adopted. A wide portfolio of insect meals design for aquaculture are entering the market.

BioMar’s carbon targets approved as the ‘most ambitious’

April 19 2023

Today at the launch of BioMar’s Sustainability Report, the group announced that it became the first aquafeed company to have its ambitious carbon reduction targets independently validated to meet the 1.5°C trajectory. This is currently the most ambitious designation available through the Science Based Targets Initiative (SBTi) process.

BioMar backs an initiative to develop women in the Caribbean

March 8 2023

Today on International Women’s Day BioMar announces the support of WiCA, Women in Caribbean Aquaculture and the extended organisation of the Caribbean Aquaculture Network (CAN). Both organisations have recently been formed to support collaboration in the region and ensure the responsible expansion of aquaculture and blue food, which is expected.

BioMar concludes 2022 with record results

March 3 2023

BioMar ended 2022 with a strong Q4, bringing the full year results to beat the earning guidance of DKK 1 billion EBITDA. The positive development is mainly driven by stronger development in the Salmon and LATAM divisions, compensating for a weaker result in the EMEA division.

BioMar steps beyond feed and into bioremediation

March 1 2023

BioMar is expanding its feed offering with a new product category, a bioremediation solution, to ensure optimal environmental conditions for shrimp from hatchery to grow-out.

BioMar Sources Benson Hill Ingredients to Boost Sustainability of Aquafeed

January 26 2023

Benson Hill, Inc., a food tech company unlocking the natural genetic diversity of plants, and Denmark-based BioMar, today announced a strategic collaboration to advance BioMar’s responsible sourcing program by leveraging Benson Hill soy and further assessing its sustainability impact on high-performance aquafeed formulations.

BioMar appoints Andrew Campbell as CEO for AQ1

December 6 2022

AKVA executive Andrew Campbell assumes the position of CEO for the world’s leading aqua feeding technology company AQ1, from 1 January 2023. Founder Ross Dodd stays in an executive role, contributing to the company’s future growth.

Solid Q3 for BioMar Group

November 15 2022

Despite lower sales volumes, BioMar reports an increase in revenue by 41%, while earnings recovered significantly compared to Q3 2021. The company is now raising earnings guidance for the full year to the range of DKK 960-1,000 million

BioMar achieves record Q2

August 16 2022

BioMar reports year-on-year volume sales up by 9 % and an increase in revenue by 42 %. Despite still being challenged by raw material prices, energy costs and the impact of suspending trade with Russia, BioMar earnings improved significantly, causing the company to raise guidance for the full year.

BioMar and Síldarvinnslan to build a net-zero aquafeed facility in Iceland

August 12 2022

BioMar Group and Síldarvinnslan have signed a memorandum of understanding to build a modern high-tech aquafeed production facility in Iceland. Through this move, BioMar will become the only global feed company in the Icelandic market. The venture has an ambition to build a facility that will achieve net-zero within its own operations.

BioMar commits to the most ambitious pathway toward net-zero

June 27 2022

In the recently launched Integrated Sustainability Report, BioMar announces its commitment to the 1.5°C pathway for reducing carbon emissions. BioMar is the first global aquafeed supplier to adopt the 1.5°C pathway toward net-zero under the Science Based Targets initiative (SBTi).

BioMar joins forces with Mols Bjerge National Park on an eelgrass restoration project

June 17 2022

On Sunday 19 June, Mols Bjerge National Park will undertake an eelgrass restoration project with the help of BioMar Group and the local Danish community. The project is called Havets Grønne Enge, which translates to Green Meadows of the Sea.

BioMar volumes up by 8 % compared to Q1 2021

May 5 2022

As expected, BioMar grew year-on-year volume sales by 8% in Q1, and the company reported revenue up by 34%. While the top line is growing, the bottom line is challenged by raw material prices, cost of energy, and the decision to suspend trading with Russia.

Deep Branch and BioMar agree strategic partnership to enhance the aquaculture industry

May 3 2022

Deep Branch and BioMar have signed a long-term technical and commercial partnership to redefine traditional aquaculture feed ingredients and improve the aquaculture industry’s efficiency, profitability and sustainability. The immediate focus of the cooperation will be to optimise salmon feed using Proton™, a single cell protein developed by Deep Branch for the feed industry, as a primary protein source.

BioMar and Earthworm Foundation take lead on responsible shrimp

April 29 2022

Earthworm Foundation, an international non-profit undertaking social and environmental projects, is partnering with BioMar to drive responsible shrimp projects in Ecuador. The full value chain collaboration will not only include deforestation- free aquafeeds but capacity building initiatives to drive social change and sustainability best practices in the region.

BioMar acquires intelligent feeding technology

April 7 2022

Following the successful entrance into the shrimp feed market, the board of BioMar approves the acquisition of AQ1 Systems, the world’s leading producer of acoustic feeding technology for the shrimp farming industry. With the investment, BioMar aims to accelerate the sustainability journey of the industry.

BioMar stops all commercial activities with and within Russia

March 5 2022

Following the invasion of Ukraine, BioMar Group shuts down all trade activities with Russia. The decision includes sales of finished products as well as the sourcing of raw materials.

BioMar reports 14% revenue growth in 2021

March 4 2022

BioMar concludes the year with solid growth across markets with a significant increase in volumes and revenue, reaching an all-time high level. However, the bottom-line results were affected by the global increase in raw material prices, logistic costs, and energy prices.

Microalgae no longer considered a niche ingredient in BioMar

February 21 2022

BioMar’ facility in Brande, Denmark, follows the success of the other production facilities in the UK and in Norway and significantly scales up the inclusion of microalgae into their raw material portfolio. After years of innovation dollars spread equally across the value chain from raw material suppliers, farmers, distributors and retailers, the past three quarters have seen microalgae prices lower than fish oil on the commodity market, which helps to reduce dependency on wild fish stocks.

Commercial success challenged by raw materials and logistics

November 12 2021

The quarterly release from BioMar reveals as expected a solid growth across markets with a significant increase in volumes and revenue. However, the bottom-line results are affected by global increases in raw material prices, logistic costs, and energy prices.

BioMar appoints experienced aquaculture profile for Vietnam

October 6 2021

BioMar has appointed Franck Bodin as Managing Director for the new BioMar Viet Uc feed business unit in Vietnam. Franck Bodin is a well-known profile in the Vietnamese aquaculture industry being the founder of the aquafeed company Tomboy, which was later acquired by Skretting.

BioMar Ecuador ramps up with four new lines for extruded feed

September 23 2021

BioMar Group today announces an ambitious plan for an expansion of the capacity for extruded feed in Ecuador. The two phased installation will bring a total of four new lines with a combined capacity of 200 000 tons at BioMar’s facilities in Durán.

BioMar reaches 1 million tonnes of salmon feed with microalgae

September 13 2021

This month BioMar hit a major sustainability milestone with the adoption of microalgae omega 3s into feed diets. Marine ingredients are a finite resource and by including microalgae in aquaculture diets we can help stabilise the pressure on fish stocks.

BioMar holds steady growth

August 12 2021

BioMar continues the steady growth and delivers solid results despite the pandemic. Both volumes sold and revenue went up in Q2 compared to 2020 while margins were challenged by a significant increase in raw material prices and logistic costs.

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