BioMar to expand in Ecuador
The two phased installation will bring a total of four new lines with a combined capacity of 200 000 tons at BioMar’s facilities in Guayaquil.
BioMar announces a comprehensive investment plan for the business unit in Ecuador, to further support an amplified product portfolio for high performing shrimp feed in Ecuador and follow up on strong sales figures, The investment includes new land, a transformation of the current factory layout, upgrade of existing pelletizing equipment, and four new lines for extruded feed.
The investments are part of preparation for introduction of new advanced shrimp feed concepts, which are planned for launch in the market from 2022.
“We are planning for a new range of high performing products as well as new functional feeds targeting the unique farming practice and environmental parameters encountered in Ecuador.
“Furthermore, we see larger farmers in the market being ready to start up the process of co-designing tailored product ranges towards the markets in US and Europe focusing on both feed composition and environmental footprint, farming practice and quality of the resulting shrimp, enabling a targeted positioning of the shrimp towards retailers and endconsumers.
“This requires both more capacity but also more flexibility in our production set up”, explains Henrik Aarestrup, VP LATAM, Shrimp and Hatchery in BioMar Group. ■