NUTRECO INVESTS IN NORWEGIAN COD CULTURE


Nutreco Holding N.V. has bought 56% of the recently established Cod Culture Norway AS (CCN), the world's largest planned cod hatchery, based in Bergen, Norway. The combination of the know-how in CCN and Nutreco Aquaculture's feed and farming technology will make it possible to farm cod in future.

The purchase of shares fits in Nutreco Aquaculture's strategy to develop new species, other than salmon. A consistent increase in demand for white fish and seafood in general throughout Europe makes cod a particularly interesting species for modern fish farming. Nutreco Aquaculture Research Centre (ARC) was one of the first research organisations, world-wide, to discover the cod fingerlings' nutritional requirements and how to feed them successfully. CCN combines advanced technological solutions with high levels of competence. The initiative to establish CCN came from Bergen Aqua and Ferme Marine de Douhet (FMD), two companies with the complementary knowledge needed to succeed in cod fingerling production.

The initial annual production target at CCN is three million fingerlings but the project design allows for a further expansion. The first fingerlings will be ready in 2002. These small fishes will then be transferred to farming operations for further growth. Two years later (in 2004) the farmed cod will have reached 3kg or more and be ready for the consumer markets. Cod is a white fish species, well known by the consumers all over Europe and in the USA. Cod is recognised as one of the most promising species for modern aquaculture. Much of the proven technology used for the on-growing period for Atlantic salmon can also be used for cod.

(The Aquafeed.com Newsletter, Issue 21 Vol. 1. 2000)

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