In addition to its existing recirculating aquaculture system (RAS) farm in Poland and recently announced a 10,000-metric-ton project in Japan, Pure Salmon has confirmed its American site will be in Tazewell County in the US state of Virginia. This will be the company’s largest facility to date, with 20,000t of production per annum. The project also comes with $20 million of financial assistance from local development agencies, it said.
In Europe, two locations are being considered for an additional 10,000t facility. The first is Boulogne-sur-Mer, a major fishing port on the Northern coast of France with “excellent connectivity within France and neighboring countries”. The second is Olbia in the north of Sardinia, Italy, a project which has attracted significant support at a national and local level, both politically and financially, said Pure Salmon. The new sites will be fully integrated with on-site hatcheries, grow-out systems, and processing facilities.
The facilities in Poland, Japan, the US, and France/Italy will comprise phase one of Pure Salmon’s roll-out plans, and aim to contribute 40,000t of production to its 260,000t global target.
“The expansion of Pure Salmon’s sites across the US and Europe are part of the company’s aim to provide a socially responsible choice for consumers, the environment and the economy. The salmon will be reared in an uncontaminated environment with complete bio-security and will be close to areas of high salmon consumption, resulting in a longer product shelf life that is fully traceable and helps to keep carbon emissions and transport costs low.”
After a positive assessment of its first fully operational facility in Poland, Pure Salmon has been recognized for its sustainable production processes and elected by FishChoice as an official “supplier member”. Pure Salmon will subsequently register all its future facilities to be launched globally on the FishChoice platform, it said.
Pure Salmon has also been recognized by Ocean Wise as being sustainably produced.
The company has been developed by 8F Asset Management, a global asset management firm focused on impact investing.
“We’re delighted to be announcing further details of our plans to build large scale land-based Atlantic salmon farming facilities in the US and Europe,” said Stephane Farouze, chairman and founder of 8F.
“8F is proud to be a sustainable investment business and we are looking to change the future of salmon farming with our ambitious growth plans for Pure Salmon around the world.”