Study finds that fed aquaculture production could almost double over the next decade and increased use of novel feeds from sources other than wild-caught fish could help to ensure this growth.
The €40 million production facility in Tasmania will produce up to 110,000 tons per year of aquafeeds to support the Australian and Oceania aquaculture industry.
The virus has been confirmed in seafood samples from Southeast Queensland, Australia, more than three years after it was first detected in the region.
With the appointment of Novacq's new CEO and the acquisition of assets in Thailand, the company is focused on accelerating the commercialization of the NovacqTM franchise internationally.
The company is performing trials on a variety of species that will give the company the opportunity to be much more than a salmon feed mill.
The company board has approved an internal restructure plan which will see a significant reduction in staffing levels throughout the organization. A leaner, simplified and flatter reporting structure has been proposed to improve customer alignment while removing an estimated $5 million annualized costs from the organization.
The facility has the capacity to manufacture an initial 50,000 tons of extruded feeds, including both aquaculture and pet food, with capacity to increase if required.
Skretting’s new research facility objectives will include validating the use of zero fish meal diets, high energy diets in King Salmon and improving knowledge of the protein requirements.
Ridley is expecting their new extrusion plant in Westbury, Tasmania to be commissioned ahead of schedule in the first half of 2019. Construction began in early 2018 and progress has been efficient. The extrusion plant is strategically located to receive ingredients from local and mainland suppliers and will facilitate a consistent and efficient feed supply chain for the long term support and growth of the aquaculture industries. “We are very proud to be able to provide the latest feed manufacturing technology for our customers with this latest Ridley development."