Aquaculture & Fisheries

This achievement joins a growing list of ASC-certified BioMar sites, including facilities in Chile, Ecuador, Costa Rica, Norway, and the U.K.

Four farms in total will share a prize pool of US$200,000, providing financial recognition and visibility to pioneers in sustainable aquaculture.

The draft documents have already undergone extensive stakeholder and public consultations and this is the final step before submission for Cabinet approval.

To help countries implement the new measures, a dedicated fund worth over US$18 million has been set up, with most beneficiaries expected to be in Africa.

The new product strengthens ADM’s growing aquaculture portfolio, which includes feeds, premixes, supplements, and nutritional technologies.

With aquaculture continuing to expand globally, the demand for fishmeal and fish oil remains strong across multiple sectors.

Over 80% of fish-related emissions are tied to feed and raw material sourcing and reducing these impacts has become a pressing challenge for the sector.

Self-affirmed GRAS (Generally Recognized as Safe) status is a process where a food ingredient manufacturer independently determines that their ingredient is safe for its intended use, based on a scientific evaluation by their own expert panel and publicly available data, without requiring the FDA’s prior approval or notification.

Nevertheless, authorities insist that broader investment in infrastructure and technical support will be necessary to achieve long-term targets.

In other news, the company divested its full stake in feed manufacturer Alltech Fennoaqua, selling it to co-owner Alltech in July this year.