Mowi processing plant upgrade nears completion

Mowi worker in overalls in the Fort Willam plant shows off the new machinery

Salmon producer Mowi and food processing systems business Marel are putting the final touches on Mowi Scotland’s Fort William processing plant upgrade. The project includes the installation of state-of-the-art food processing and packaging systems. When complete the upgrade will enable the facility to process and pack 200 fish per minute and increase plant capacity to…

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Mowi criticised over Norwegian salmon mortality

Mowi is being taken to task by the Norwegian Food Safety Authority over the high number of salmon deaths in central Norway. According to the national broadcaster NRK, around 180,000 fish weighing an average of three kilos died at a single site in just a month (January this year), so the Authority has called on…

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Arctic Fish hits 2023 record despite escape crisis

Iceland’s Arctic Fish produced an operational profit or EBIT of €3.2 million (£2.7m) in 2023, the first full year under Mowi ownership. This was in spite of serious escape issues during the summer which led to a backlash in Iceland against open pen salmon farming. The company said the financial biological performance improved somewhat after…

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Mowi Scotland battling back against severe biological issues

Mowi Scotland continued to be plagued by biological problems during the final quarter of 2023, company figures show today. Challenges were unusually intense, with a high level of amoebic gill disease (AGD) which the company said was linked to the El Niño cyclical climate phenomenon and all-time high seawater temperatures. Jellyfish had also contributed to…

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Mowi CEO hails record revenues for end of 2023

Mowi achieved all-time high revenues of €1.43bn (£1.28 bn) in the fourth quarter of 2023 – against €1.36bn (£1.16bn) in the corresponding quarter of 2022.  The Q4 report said the period concluded another record-breaking year for Mowi. Mowi shareholders will receive a total dividend payout of NOK 983m (around £73.4m) – or NOK 1.90 per share. Revenues…

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Trial for new consenting process gets underway

Scottish Sea Farms is the first of two salmon producers to submit a planning notification to help trial a new, improved process for farm consents. Scottish Sea Farms will be applying to merge four of its Shetland sites into one, while Mowi will be making an application to the Highland Council. The trial follows the…

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Salmon’s ‘big six’ to challenge EU price fixing claims

Norway’s “big six” salmon companies have all strongly denied an accusation of price collusion made by the European Commission. The Commission claimed yesterday that the companies broke competition rules by sharing information on prices and salmon volumes. It has sent what is known a statement of objection, also known as an SO, to each of…

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BREAKING – Norway’s salmon ‘big six’ did violate rules, says EU

The European Commission believes that six leading Norwegian salmon producers breached EU anti-trust rules by colluding to distort competition in the market for spot sales of Norwegian farmed Atlantic salmon in the EU. The Commission has advised the producers concerned that this is its “preliminary” view. The companies named are Mowi, SalMar, Grieg Seafood, Bremnes Seashore,…

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Mowi Scotland’s Q4 harvest unchanged at 10,500 tonnes

Mowi Scotland harvested 10,500 tonnes of salmon in the final quarter of 2023. The figure was unchanged from the equivalent quarter the year before but the operation produced a loss, a trading update from the company today shows. Globally, Mowi – the world’s largest salmon farmer – produced 129,000 tonnes during the period and a…

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Mowi Scotland revenues up, but profits down

Mowi Scotland has reported a 3.74% rise in turnover to £443.3m last year – but it also saw a large drop in profits. The latest accounts for the Scottish arm of the world’s largest farmed salmon producer for 2022 have just been published. The operating profit was £27m against £54m in 2021 and the profit…

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