Skretting is to construct a feed plant in Florida for land-based salmon to serve Atlantic Sapphire’s US operations with feeds specialised for Bluehouse farming.
Atlantic Sapphire is currently transporting its salmon feed from Canada, at a considerable cost disadvantage. A local feed plant will reduce the carbon footprint of transporting the feed and is expected to cut costs by approximately US$0.3 per kilogram.
“The business case is centred on technological development and in-market production of delicious and healthy salmon with significant sustainability benefits compared to conventional ways of salmon farming,” said Johan E. Andreassen, chief executive of Atlantic Sapphire USA.
“Having our most important production input locally fits perfectly with this strategy, as it reduces production cost and GHG emissions significantly, while at the same time accelerating the technological development of a customised feed for our Bluehouses that we expect will lead to higher productivity and output,” he added.
Skretting will build and finance the feed plant in return for Atlantic Sapphire agreeing to source the majority of its salmon feed demand from Skretting over the contract period, which is expected to span ten years.
In addition to reducing the carbon footprint, the parties will collaborate on implementing novel ingredients in the feeds.
