40,000 tonne capacity shrimp feed factory in Ecuador
BioMar announced its 40,000 tonne capacity shrimp feed factory in Ecuador, which is an expansion plan of their current factory.
It will mark the Danish firm’s second major investment in the factory, the first was the companys purchase of Alimentsa.
“We have experienced a strong growth in Ecuador since the acquisition of Alimentsa in 2017 and we currently operate at our capacity limit. For our customers the new line will mean increased flexibility and increased choice, as it will significantly expand our capacity for extruded and value-added feed solutions,” explains Henrik Aarestrup, BioMar’s vice-president for emerging markets.
“The Ecuadorian shrimp sector will continue to grow in the coming years, however at a somewhat slower pace than in 2018, where we have seen an exceptionally high growth. Ecuador has a competitive edge when it comes to producing shrimp in a responsible manner, with high focus on both sustainability and product quality. Recent initiatives like the launch of the Sustainable Shrimp Partnership will further enhance this position”, says Henrik Aarestrup.