A new expansion in Egypt for Dutch fish feed company Nutreco will allow subsidiary Skretting to triple its capacity.
The company announced the opening of an extra line in its plant in Egypt, allowing Skretting to expand its tilapia feed production to 150,000 metric tons. Skretting is also beginning a five-year research partnership with fish research institute WorldFish to develop sustainable aquaculture in the region, according to the company.
“This investment underscores our commitment to the African market,” said Harm de Wildt, managing director for Nutreco´s operations in the region. “Through the investment in extruded fish feed capacity and regional R&D, we can support more customers in increasing their efficiency and profitability. Equally important, it will accelerate the transfer of our knowledge acquired in other fish species to tilapia, thus contributing to the sustainable development of aquaculture in Egypt.”
The company said the expansion will allow Skretting to better serve the tilapia aquaculture sector in Egypt, the second-largest in the world.
