Press Releases

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Solid third quarter performance improving revenue and earnings

November 7 2019

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.

BioMar introduces authenticity DNA testing for marine ingredients

November 4 2019

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.

BioMar accelerates next generation of feed solutions for RAS

October 4 2019

Building upon decades of research within feed for recirculation, BioMar has now chosen to increase focus on feed solutions for this segment. BioMar states that land-based farming can improve efficiency and operational stability using even more advanced feed solutions.

BioMar leads ocean-based climate action for aquaculture

September 24 2019

Today, the High Level Panel for A Sustainable Ocean Economy launched their latest report showing that ocean-based climate action can deliver a fifth of the reductions in greenhouse gas emissions required by 2050 to prevent climate change through the 1.5ºC global temperature rise.

BioMar is creating solutions targeted towards consumers

April 23 2019

BioMar has completed the testing of insect meal in feeds for aquaculture and believe it shows promise as an alternative protein source. This is one among many other novel ingredients like algae oil or single cell proteins that BioMar has been investigating. BioMar believes these raw materials can address some of the needs of the market and are now eager to speed up their adoption through the creation of innovative feed solutions targeting the needs of seafood consumers.

BioMar appoints Managing Director in Australia

April 23 2019

BioMar is pleased to announce the appointment of David Whyte as the Managing Director of their new fish feed manufacturing plant in Tasmania. The plant, currently in its construction phase will be ready for commissioning in early 2020.

BioMar Group reinforces commitment to Chilean aquaculture

March 14 2019

Subject to approval by authorities, BioMar acquires the 50% remaining shares in the Chilean factory APSA. Ending 10 years of successful collaboration with AquaChile, this will immediately release important capacity for BioMar in Chile.

BioMar reaches 2018 expectations

March 8 2019

In 2018, BioMar Group delivered on the growth aspirations with a solid increase in revenue as well as volumes. As expected, the earnings did not keep up with the growth in volumes due to the competitive situation in the Norwegian market. However, the other markets were able to compensate for the challenging situation.

Algae as a replacement for marine resources is gaining market acceptance

March 5 2019

Growing Adoption of AlgaPrime™ DHA is Improving Omega-3 Content of Farmed Fish and Accelerating Sustainable Aquaculture. BioMar Has Produced and Sold Over 350,000 Tons of Feed Containing AlgaPrime™ DHA in Norway Over the Past Two Years.

BioMar announces new top management in the Salmon Division

January 10 2019

With effect from January 15th, BioMar Group welcomes new executive management in the Salmon Division. The company promotes two internal profiles with strong track records within BioMar and the industry.

BioMar icon Niels Alsted retires after 45 years in aquaculture

January 8 2019

Niels Alsted, Executive Vice President of Business Relations in BioMar, nicknamed ‘Mr Aquaculture’ by his colleagues has retired after 45 years of service in the aquaculture industry.

New extrusion line in Ecuador

December 4 2018

BioMar Group ready to build new line for extruded shrimp feed in Ecuador