January 20, 2011
Skretting invests in Australia and New Zealand marketAustralia and New Zealand’s burgeoning aquaculture sector has prompted Skretting to double the capacity of its Tasmania feed plant with the installation of a second extrusion line. The company is investing €20 million in modernization and infrastructure. Completion is slated for August.Managing Director of Skretting Australia James Rose said the majority of feed produced is for Atlantic and Chinook salmon and trout, however barramundi and yellowtail have grown substantially in importance in recent years and are important markets to support, FIS reports. Skretting Australia also manufactures feeds for the expanding production of southern bluefin tuna (SBT). Skretting is also considering building a feed mill in New Zealand to avoid the import of thousands of tonnes of fish feed.