Australia branch of BioMar, an aquaculture giant operating in more than 80 countries, have released plans to develop a 45-million-aqua-feed-production facility in the state’s north, providing a significant boost to the growing aquaculture industry.

Paddy Campbell, Managing Director of BioMar UK said the 45-million--proposal would bring world-class, state-of-the-art fish feed innovation and production facilities to northern Tasmania. “Once operational, the facility will produce up to 110 thousand tons per annum of aqua feed product to support the aquaculture industry,” Dr. Campbell said. The BioMar Group is a leading company in the research and development of sustainable, high-performance feed. BioMar holds a well-established position in Tasmania as the leading supplier of high-quality fish feed for Atlantic salmon, since entering the local market in 2003. At present one in every three farmed salmon in Tasmania is fed by BioMar fish feed products, which are currently being exported from Scotland. “We are very grateful for the Tasmania Liberal Government’s commitment of 1.8 million towards this project and the support and of the Office of the Coordinator-General in securing the site in Wesley Vale,” Dr. Campbell said. “We are currently in conversation with the local community to seek their input and feedback on the proposal concept, and we look forward to continuing this conversation throughout the development and construction phase of the project,” he added.