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Feed – AlgaPrime

derived source of omega-3 to provide all of the omega-3s in the feed and that work is ongoing and we’re optimistic that they’ll get good results. But right now, based on what we know, our objective here is twofold: to allow the industry to continue to expand in a responsible manner by providing a new alternative source of omega-3, and for those who are concerned about the falling omega-3 levels in farmed salmon, to provide a responsible way for them to enhance nutrition. Can you compete in costs with other alternative ingredients, such as soy? Walt: The two omega-3s that are very beneficial to fish and us are the long chain omega-3s, ETA and DHA, which are found almost exclusively in seafood products or seafood ingredients. There are other omega-3s, like ALA, that are found in plants but they are short chain omega-3. Our focus is on providing a new source of long chain omega-3s that are found pretty much only in the seafood type ingredients. There are three things we think about related to cost: one is the efficiency of the AlgaPrime DHA product. This has 30 per cent DHA in it which is significantly higher than other new sources of omega-3s in terms of DHA content. The second thing we have is a large scale plant capable of producing tens of thousands of tonnes, which gives us a scale that is un-


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are other people trying to do the “Theresame thing but usually on a smaller scale ”

Clockwise from above: Fish farm; BioMar’s boat; Walt Rakitsky with BioMar sales director Hans HalleKnutzen and global sustainability director Vidar Gundersen at Aquaculture Europe 2016 in Edinburgh; AlgaPrime; oils plant.

matched in the industry today. And the third is that our plant is located adjacent to Bunge’s flagship sugar mill in Brazil which gives us a dedicated supply of sugar at absolutely the best possible cost, given that we’re growing it right around the plant. All of those things contribute to what we believe is having the best cost structure of any new source of omega-3 being offered to the industry. Miguel: Our joint venture sits beside our biggest and most modern sugar mill in Brazil, the Moema mill. Bunge manages all the cane that is used in the process – plants it, raises it, harvests it and uses it to make sugar and ethanol and energy. The joint venture is using the sugar from the cane, but also all the heat and all the electrical power that we need comes from the biogas, from the same cane. The system runs on 100 per cent renewable energy – that is why it is unique. Why has nobody thought of doing this before? Miguel: You need the people that know the stuff; you have to have one of the largest fermentation facilities in the world; you have to be sitting with that fermentation facility at the most sensible and reasonable place which is raising your own cane and using it to produce all the

16/01/2017 11:35:09

Profile for Fish Farmer Magazine

Fish Farmer Magazine january 2017  

Serving Worldwide Aquaculture Since 1977

Fish Farmer Magazine january 2017  

Serving Worldwide Aquaculture Since 1977