Bakkafrost, which is the largest salmon producer in the Faroes, announced this plan in its 2018 sustainability report, which was published this week. The salmon farming firm will join dairy farmers and other aquaculture operators in investing in the plant.
Other significant plans announced in the report include taking full control of the development of the Faroese strain of farmed salmon from the islands’ government by 2021 and the continued construction of a land-based smolt facility which they hope will allow them to increase production by 30 percent.
During 2017 they certified two further salmon sites to the Aquaculture Stewardship Council (ASC) standard (bringing their total to four), while they expect to have six sites ASC certified by the end of 2018 and will continue working towards certification across all sites by 2020.