Cod farmer invests in new plant
Oil-making facility enables company to utilise more of its raw material
Kråkøy Norcod, cod farmer Norcod's slaughter and processing facility in Åfjord in Trøndelag, Norway, has purchased its own plant for the production of fish oil from cod liver.
The investment enables Norcod to utilise a larger share of the raw material from its own cod production and strengthens value creation from residual raw materials, the company says.
The new plant, scheduled for delivery this summer, will process cod liver into fish oil for human consumption. The facility will be located on Kråkøy and integrated into existing slaughtering and processing operations.
"This investment is an important step towards achieving our ambitious goal for resource utilisation at Kråkøy. By processing cod liver into fish oil locally, we can utilise the raw material better, reduce waste and increase value creation from our own production," said Roger Sørgård, general manager of Kråkøy Norcod.
First of three plants
The unit is supplied by Mgb AS, a sister company of Nutrishell, which specialises in concept and technology development for the processing of residual raw materials from the aquaculture and whitefish industry.
Norcod's plant is the first of three for the production of fish oil and fishmeal that Mgb AS plans to deliver over the next two years.
"We find it incredibly interesting to do this project with Norcod, which has once again shown both innovation and drive in this venture. Local resource utilisation of residual raw materials is becoming increasingly important, not only in terms of sustainability, but also because the quality lifts the product further up the value chain," said Roger Rørstad, chairman and co-owner of Mgb AS.
The new plant is a step towards Norcod's ambition for a more circular and resource-efficient value chain for cod, with a target of 98% resource utilisation, and will also contribute to increased industrial activity and employment at the Kråkøy facility.
