Viewpoint: What’s landfill material in other countries is creating $110m in Iceland
The significant cuts in the allowable catch in the Icelandic economic zone in the 1980s led to a stronger movement in Iceland towards the attitude “more for less”; less catch but make as much of it as possible! As a result of these catch limitations, Icelanders have created a business culture of making use of the whole fish. In fact, due to the depletion of fish stocks and this attitude of more utilisation, Icelanders have been particularly active in developing technologies and markets for by-products – goods made from the parts of the fish typically not considered for production.
The significant cuts in the allowable catch in the Icelandic economic zone in the 1980s led to a stronger movement in Iceland towards the attitude “more for less”; less catch but make as much of it as possible! As a result of these catch limitations, Icelanders have created a business culture of making use of the whole fish. In fact, due to the depletion of fish stocks and this attitude of more utilisation, Icelanders have been particularly active in developing technologies and markets for by-products – goods made from the parts of the fish typically not considered for production.
