Chile seafood giant profits hit by salmon woes

The giant Chilean fishing and aquaculture group Camanchaca saw its profits fall last year, mainly due to a slump in its aquaculture business. The company has blamed higher costs and weak demand for salmon, particularly during the second quarter of 2023. The group earnings came out around 5% higher at almost US $762m (£607m) of…

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Nebraska algal oil plant targets salmon diets

THE world’s largest factory for producing algal oil for salmon diets was officially opened today.  The commercial scale facility, in Blair, Nebraska, in the US, represents a $200 million investment by Veramaris, a joint venture between Evonik Animal Nutrition and Dutch company DSM. Through the fermentative manufacture of natural marine algae, the new plant produces algal…

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