We are about halfway through the expansion plans, which were presented in the summer of 2013. Several big projects are on-going and some projects are in progress.
The purpose of the expansions presented in the summer of 2013 was:
to produce bigger smolt (Reach 300g in 2018)
to minimize the biological risks
to gradually enhance the total production capacity with 10-15%
to have a higher efficiency and a safer investment by integrating production units on land
to have the total savings accumulated through a higher efficiency should save about DKK 70-90 mio. yearly from 2017
Bakkafrost’s expansion plans on building a new production plant and headquarter are progressing. The ship M/S Nordvåg has recently made two trips from Strand in Norway to Glyvrar with equipment to the new production plant. Many installations are on-going, e.g. sewage, freezers, ice production, plumbing and several companies start their installations in the coming weeks.
The installations are a couple of weeks behind schedule, so therefore the startup of the new facilities will be delayed accordingly. We hope that we can start trial productions in May this year.