Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo: Stockfile/FIS

Mitsubishi Corporation Invests in Finnish RAS Farming Company to Explore Trout Business Model

Click on the flag for more information about Finland FINLAND
Wednesday, November 13, 2024, 08:00 (GMT + 9)

Mitsubishi Corporation (Chiyoda-ku, Tokyo; President: Katsuya Nakanishi) has made a strategic investment in Finnish aquaculture company Finnforel, which specializes in farming trout salmon (rainbow trout) using a recirculating aquaculture system (RAS).

Finnforel publicly announced the investment on October 24th, while Mitsubishi Corporation highlighted that this move aligns with its goal to explore various business models for assessing the long-term viability of RAS-based aquaculture.

The primary aim of this investment is to support a sustainable, efficient, and eco-friendly method of producing fish locally, enhancing food security while minimizing environmental impact. Finnforel’s approach centers around its innovative “Gigafactory” concept, integrating environmentally conscious fish farming and processing under a single roof, enabling industrial-scale production with high efficiency and sustainability.

Finnforel, a leading Finnish aquaculture technology company, will leverage Mitsubishi Corporation’s (MC) investment to accelerate the global expansion of its land-based fish farming projects. With this support, Finnforel aims to advance its rainbow trout farming operations, a species well-suited to RAS. These advanced systems allow for the precise control of essential environmental conditions through biofiltration, ensuring stable, clean, and efficient year-round fish production. This closed-loop process effectively recirculates water, achieving zero biowaste and minimal wastewater output.

The Gigafactory model encompasses fish processing and packaging onsite, minimizing the logistics chain and transportation time, thereby delivering fish products at peak freshness and reduced cost. Additionally, this approach supports local food systems and substantially reduces the carbon footprint associated with long-haul transport.

Founded in 2015, Finnforel currently operates RAS facilities in Finland, with an annual production capacity of 3,000 tons. The company’s vertically integrated operations—from hatchery to farming and packaging—enhance efficiency and scalability, supporting its goal to significantly expand production globally by 2032.

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Argentina
Dec 6, 21:00 (GMT + 9):
Key decision: Argentina renews common hake quotas until 2039
Falkland Islands
Dec 6, 20:00 (GMT + 9):
Continued Investment Despite Challenging Environment
China
Dec 6, 09:50 (GMT + 9):
Southwest Atlantic Squid Index: Illex Squid (Illex Argentinus)
Brazil
Dec 6, 07:00 (GMT + 9):
Drones Revolutionizing Fish Farming with Precision Nutrition
Argentina
Dec 6, 05:00 (GMT + 9):
IN BRIEF - Serious conflict between Red Chamber and STIA
United States
Dec 6, 02:00 (GMT + 9):
IN BRIEF - How Underwater Drones Are Transforming Fisheries Data Collection in Remote Areas
Spain
Dec 6, 01:00 (GMT + 9):
IN BRIEF - Balfegó launches the 'Give Tunateca this Christmas' campaign
Norway
Dec 6, 01:00 (GMT + 9):
Global market trends for Norwegian crab and cold-water prawns
European Union
Dec 6, 00:10 (GMT + 9):
BlueInvest Platform: Accelerating the European blue economy
Argentina
Dec 6, 00:10 (GMT + 9):
Good Shrimp Catches, Improved Macroeconomic Conditions, but Rising Costs Squeeze Margins to Dangerous Levels
Norway
Dec 6, 00:10 (GMT + 9):
The international market dynamics for Norwegian herring and mackerel
China
Dec 6, 00:10 (GMT + 9):
2023 China's Offshore Squid Fishing Industry Development Report'released in Shanghai
Peru
Dec 6, 00:00 (GMT + 9):
Other Media | Industrias Pesqueras: Calamasur warns of the impact that the squid crisis has on the economy of the Peruvian fishing sector
Argentina
Dec 6, 00:00 (GMT + 9):
Other Media | EuropaAzul: Argentine hake quota allocations are renewed until 2040
Canada
Dec 6, 00:00 (GMT + 9):
Other Media | fishfarmingexpert: Anti-crowding fish loading system to be launched commercially next year



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Global market trends for Norwegian crab and cold-water prawns
Norway Demanding month for king crab Norway exported 89 tonnes of king crab worth NOK 49 million in November The value fell by NOK 51 million, or 51 percent, compared to the same month last year....
SFA statement on quota reductions
United Kingdom Shetland Fishermen’s Association has warned that a failure to invest in fisheries science is leading to an unfair reduction of quotas, and an economic loss to the isles. Photo: SFA The annua...
Russia's catches are approaching 4.6 million tonnes
Russia Fed. According to the data of the industry monitoring system of the Federal Agency for Fisheries (Federal Fisheries Monitoring System), the catch of aquatic bioresources by all Russian users amounted t...
China's offshore squid price index (November 2024 review)
China The China Ocean-Going Squid Price Index is a joint initiative by Zhejiang Zhoushan International Agricultural Products Trading Center Co., Ltd., and Shuliang Technology. This index provide...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER