BioMar to build production plant in Australia

Schouw & Co.

24/03/2017 08:34

March 24 (Reuters) - Schouw & Co A/S  SCHO.CO : 
    * Danish company BioMar, manufacturer of quality feed for 
the fish farming industry, is to invest about 300 million Danish 
crowns ($43.5 million) in the establishment of a production 
plant in Australia 
    * The new Australian plant is expected to be completed in 
2019 and will facilitate an annual capacity of 110,000 tonnes of 
fish feed 
    * BioMar is wholly-owned wholly by Schouw & Co 
    * The investment in the new production plant in Australia 
will not affect the Schouw & Co. Group's earnings significantly 
before the fiscal year 2020 
 
     
 Source text: http://bit.ly/2ndD6qb 
     
 Further company coverage:  SCHO.CO   
    
 
 
 
($1 = 6.8949 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))