BioMar adds new specialized line in Denmark
BioMar Group decides to invest in additional capacity for the factory in Denmark. The new line will be highly specialized and dedicated to fry and RAS feed production enabling the factory to increase flexibility, quality and production performance.
During the last years the BioMar business unit in Denmark (located in Brande) has experienced a significant growth in volumes sold as well as an expanding customer base, now leading to the decision of expanding the capacity. The factory in Denmark is today delivering feed to farmer across most of Europe and has a very strong foothold in the eastern European countries as well as in the RAS segment across all BioMar markets.
"BioMar has experienced a solid growth in market share on our core markets in Europe and the factory in Brande has through the last years been expanding capacity by removing bottle necks and optimizing operational processes. We foresee that the growth will continue and we need to take a significant leap forward to make sure we can deliver on the future demands from the customers", explains Carlos Diaz.
The new line is expected to be ready in Q2 2019 with a budget of DKK 90 million. The factory in Denmark will, after the capacity expansion, be able to deliver 150.000 tons of feed per year. It is BioMar's largest production unit in Europe outside the salmon markets. The factory is designed for agility with a flexible production set-up. It delivers mainly feed for species such trout, eel, sturgeon and salmon in RAS; however in total the factory produces feed for more than 40 species.
The factory has been a pioneer within RAS feed and is highly recognized for its products as well as expertise within this segment. BioMar states that the new line will imply a significant step forward developing RAS feed with even higher growth performance and physical as well as nutritional quality.
"We are already recognized in the market for the high quality and performance of our fry and RAS feed from the factory in Denmark and the factory is often delivering feed to support other business units. This is simply a step making sure we stay in front, delivering a market leading customer value proposition in terms of agility, quality and performance", explains Carlos Diaz, CEO BioMar Group.
For further information, please contact:
CEO, BioMar Group
Director, Global HR and Corporate Communication
BioMar is a leading supplier of high-performance feed to the global aquaculture industry. Currently, BioMar operates 14 feed factories and is currently constructing another two. The factories are placed across the globe in Norway, Chile, Denmark, Scotland, Spain, France, Greece, Turkey, China, Costa Rica, Ecuador and Australia. Roughly one out of five farmed fish produced in Europe, South and Central America is fed on BioMar feed. Worldwide, BioMar supplies feed to around 80 countries and for more than 45 different fish species. BioMar is wholly owned by the Danish industrial group Schouw & Co, which is listed on the NASDAQ, Copenhagen. Learn more about the BioMar Group on www.biomar.com