Sustainable Blue to start with 1,000 tonnes next year.
In a feature on land-based salmon farming, Bloomberg reports that the Canadian company Sustainable Blue is increasing production.
Sustainable Blue’s salmon fillets sell for EUR 27 to EUR 30 per kilo, founder Kirk Havercroft told the publication. He added that it is aiming for 1,000 tonnes next year which will get the price down. Previous harvests were around 100 to 150 tonnes.
The Eastern Canada company expects to cross into profitability in 2022 and plans to expand to 5,000 tonnes a year. Havercroft said he is in active talks to potentially license its technology to other producers.
Originally from the UK, Havercroft has been developing and building propriety closed-containment technology since 2007.
The company has a partnership with RAS branzino farmer Ideal Fish in the USA. In Canada, it has a partnership with wholesaler Seacore Seafood and Montreal’s La Mer Fishmongers, amongst others.
SalmonBusiness has released an industry report, which identified, named and presented 88 companies with a theoretical production capacity of close to 2.3 million tonnes of land-based salmon.