AQUACULTURE & FISHERIES

The collaboration will cover fish feed, fingerlings, fish by-products for livestock feed, organic farming, capacity building and commercialisation of research innovations.

The new subsidiary will invest in building an aquaculture feed production facility in Ecuador, formalising a project TFM first announced in February 2027.

The certification strengthens BioMar’s ability to supply ASC-conforming feed to aquaculture producers, including seabass and seabream farmers across the Mediterranean region.

The project will be the largest aquaculture installation of Coldep’s Vacuum Air Lift (VAL) technology delivered worldwide to date.

The planned rollout follows Indonesia’s broader expansion of its thematic inland aquaculture programme.

Critics warn that open-net farms could threaten wild salmon through escapes, disease and pollution.

The approach could add value to palm oil processing, reduce fish oil imports and create new income for small-scale processors and millers.

High feed costs, limited access to quality fish seed and weak fish health systems are among the key barriers to aquaculture growth.

The interim financing was oversubscribed with participation from private investors, family offices, and venture capital across the UK, Norway, and the European Union.

The aim is to produce around 400-500 tons from mid-next year onward to seed the market and support customer trials.