Accomplished two years sooner than estimated, the $75 million venture will enable it to cater to the rising demand for sustainable, traceable, high-quality omega-3s.
The manufacturing facility totally aligns with the EU Green Deal initiatives and the UN Global Compact guidelines and makes GC Rieber VivoMega one of many world’s largest fish and algae manufacturing and storage amenities.
The ability consists of: a 38,000 metric ton storage tank park, an electrical steam boiler, extra heating capabilities to assist preserve the standard of the oils and permit for simpler extraction in winter, and extra nitrogen to take away oxygen for improved sensory profiles.
By reworking vitality supply from fossil fuels to electrical energy produced by clear Norwegian hydropower, the electrical steam boiler will allow its three amenities to run on 100% renewable vitality.
Ståle Søfting, gross sales and advertising and marketing director at GC Rieber VivoMega, defined that the brand new storage capability may assist with worth volatility sooner or later, the significance of
which was discussed during the GOED Exchange earlier this yr.
“The 38,000 metric tons tank park permits us to retailer uncooked supplies for longer intervals and helps our prospects with versatile provide options to suit their wants,” he instructed NutraIngredients. “One instance from earlier intervals of fish oil provide constraints is to restrict our prospects’ publicity to cost volatility.”
Based on GOED’s Could 2024 Completed Product Report, EPA/DHA completed product gross sales of dietary supplements grew by 9.1% in 2023. And demand for sustainable sources is rising with the GOED+Mintel report “World Traits in EPA & DHA Complement Product Introductions” reporting that claims associated to a product’s environmental impression or the corporate’s environmental stewardship elevated at the least 10% from 2018 to 2023.
“That is an thrilling time for GC Rieber VivoMega and our prospects,” mentioned Snorre Glærum Strand, CEO at GC Rieber VivoMega. “With the provision of fish oils beginning to normalize, considerably due to enhancements in ongoing fishery, and the rising demand for sustainable, traceable, high-quality omega-3 will increase, this new facility permits us to fulfill the various client wants, together with a vegan different EPA & DHA.”