Press Releases
 
Aquabanq Announces New Plant For Salmon Farming On Land In The U.S.

, 13 March 2018 -- Challenging established farming methods with sustainable alternative

Championing sustainable farming practice, U.S.-based Aquabanq, Inc. is accelerating its plans for the land-based salmon production facility in the U.S. by at least 12 months.

Current plans include the construction of an industrial-scale RAS-based plant capable of producing 10m pounds (5,000 metric tons) of head-on/gutted Atlantic salmon by 2022. Five additional RAS units will be added to double the production capabilities to 20m pounds (10,000 metric tons) of fish per year by 2025.

Despite Norwegian analyst predictions (source: SpareBank1) for Atlantic salmon prices falling below US$7.00 per kilo (US$3.17/lb) in 2018, the spot price for Atlantic salmon recovered quickly and hit US$7.96 per kilo (US$3.61/lb) late last week (source: The Nasdaq Salmon Index/Fish Pool Index). “We can easily compete with [open-pen] cage farming operators as our production costs are on a par at this point” says AJ Shapiro of Aquabanq, but he continues “the fish in closed-containment systems are not exposed to parasites and pollutants like sea lice and plastic, and unlike our competitors, we can guarantee a year-round production.”

The company’s production units are based on a flexible, proven closed-loop system with optimized process logistics, low operating costs and a reduced footprint that makes them perfect for large-scale, sustainable onshore fish-farming operations. Each unit rears fish in large circular tanks with movable compartments separated in two closed-loop channels taking advantage of the circular tank’s hydrodynamics.

Aquabanq, Inc. is a subsidiary of U.K.-based Aquaculture Management and Holding Co. Ltd whose Atlantic salmon and steelhead production capacity in Europe is slated to reach 10 million pounds by 2021.

Aquaculture Management & Holding Co is led by AJ Shapiro and boasts Bent Urup as chief scientist and non-executive director.

Find out more about the company at the official website http://www.aquabanq.com/

Contact:
Dana Bell
Company: Aquabanq, Inc.
Telephone: +1 (307) 257-5377
Address: 30 N Gould St Ste R, Sheridan, WY 82801, U.S.A.
Email:

# # #


Submitted by suleman, suleman on Tuesday, 13 March 2018 at 10:24 PM
Category: Business
 
Related News

Lyumix the Global Online Trading Center Avail a Platform for Marketing and Trading to Japanese Cars&
Friday, 16 Nov 2018

Why Do A lot of Folks Shop Online?
Friday, 16 Nov 2018

Organic Farming Market 2018 - Leading Players and Market Analysis
Friday, 16 Nov 2018

Optical Imaging Market : size, growth, industry share, forecast and analysis report by 2023
Friday, 16 Nov 2018

Capthatt.com Has Emerged As One of the Top Online Clothing Stores for Men
Friday, 16 Nov 2018

Related Events

Sustainability Summit Asia
Thursday, 15 Nov 2018

Linde.Intel.AI.Challenge
Friday, 16 Nov 2018

Intel® AI DevCamp Paris
Saturday, 17 Nov 2018

13th EPP European and Global Pricing Forum, 2018 Brussels
Monday, 19 Nov 2018

Company Secretary Training Course in London
Monday, 19 Nov 2018

Latest News

Lyumix the Global Online Trading Center Avail a Platform for Marketing and Trading to Japanese Cars&
Friday, 16 Nov 2018

Why Do A lot of Folks Shop Online?
Friday, 16 Nov 2018

Organic Farming Market 2018 - Leading Players and Market Analysis
Friday, 16 Nov 2018

Optical Imaging Market : size, growth, industry share, forecast and analysis report by 2023
Friday, 16 Nov 2018

Key Facts About the Global Comfrey Root Market: Read More Below
Friday, 16 Nov 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 17 November 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • American College of Allergy, Asthma & Immunology Annual Scientific Meeting
  • 17th Annual Pain Medicine Meeting
  • International Paediatric Medical Congress
  • The 4th Annual International Neonatal Medical Congress
  • Sustainability Summit Asia

  • Latest Jobs
    Sorry, there are currently no entries posted here.