Securing the Sustainable Development of Aquaculture by Increasing the Availability of Marine Omega-3
May 31 2016 - 9:15AM
Business Wire
It was recently announced that a whole algae ingredient with an
extra high marine omega-3 content was being tested for use in fish
feed. This algae ingredient secures greater access for aquaculture
to essential marine omega-3 fatty acids. The BioMar Group is now
launching a fish feed containing marine fatty acids from
microalgae.
Easing the pressure on marine resources
Essential fatty acids extracted from microalgae are now
available for the first time in significant quantities, from a
sustainable source that is not based on marine harvesting. The
importance of aquaculture in meeting global food needs is
increasing and this expansion of the industry is driving demand for
omega-3. Over time, the algae ingredient will ease the pressure on
marine resources and help ensure that the availability of omega-3
will no longer restrict development. The new algae ingredient now
being delivered to BioMar has been developed by TerraVia Holdings
(NASDAQ:TVIA) (“TerraVia”) and Bunge Limited (NYSE:BG) (“Bunge”)
and is produced at their joint venture renewable oils manufacturing
plant in Brazil.
A game changer
The launch of feed containing microalgae offers the industry new
opportunities for sustainable development. Annual production of
fish oil rich in omega-3 is less than one million tonnes. The
global supply of omega-3 sourced from fisheries is not expected to
increase. The BioMar Group therefore regards the algae ingredient
as a game changer that will be of vital importance to the future
development of the fish farming industry.
Very excited
BioMar’s Vice President North Sea, Jan Sverre Røsstad, explains:
“Current sustainable and certified sources of omega-3 are limited
in terms of volume, be it fish meal and oil or krill meal, which
BioMar was a prime mover in introducing into the aquaculture. We
are very excited that our collaboration with TerraVia and Bunge has
put us in a position to draw on yet another sustainable source of
omega-3. Our hope is that this move on our part can contribute to
the continued growth of our industry.”
In line with new strategy
The BioMar Group recently published a new purpose statement and
is currently preparing to launch a new corporate strategy. “Our
guiding principles for the new strategy are Innovation and
Sustainability, as well as Cooperation and Performance. The
collaboration with TerraVia and Bunge goes very well in line with
our new strategy as a focused aquaculture feed supplier and it
will, for sure, be an important step for continuing the development
of sustainable aquaculture worldwide,” adds Carlos Diaz, CEO of the
BioMar Group.
BioMar Group is a leading supplier of high-performance fish feed
to the global aquaculture industry.
Currently, BioMar operates 11 fish feed factories in Norway,
Chile, Denmark, Scotland, Spain, France, Greece, Turkey and Costa
Rica. Roughly one out of five farmed fish produced in Europe and
South and Central America is fed on BioMar fish feed. Worldwide,
BioMar Group supplies feed to around 80 countries and for more than
45 different fish species. The BioMar Group is wholly owned by the
Danish industrial group Schouw & Co, which is listed on the
Copenhagen Stock Exchange.
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version on businesswire.com: http://www.businesswire.com/news/home/20160531005572/en/
BioMar ASJan Sverre Røsstad, +47 908 81 511VP North
Seajan.sverre.rosstad@biomar.no
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