Monday, January 29, 2024

How Skretting became a global leader in aquaculture

January 29, 2024 - The Skretting family company started out in Stavanger as an equipment supplier for the agriculture industry. As the 1960s saw the birth of the commercial fish farming sector in Norway, Skretting started manufacturing fish feed. By 1983, Skretting was the first in the world to use feed extrusion for slow sinking fish feed.

By the end of the 1980's, overproduction, fish disease and stagnation meant that Skretting was not making enough profit and drastic measures were required. They sold the agriculture division of the product to Felleskjøpet, a rival in Norway, this process was painful for the Skretting family and lead to them leaving the company completely. By 1990 Skretting was purely focused on aquaculture and had left its agricultural roots behind all together.

Skretting now has businesses all across Europe, operating in France, Spain Italy and Turkey. They began operations of animal feed in France in 1953 and diversified into aquaculture at the beginning of the 70s. Skretting Italy's origins go back to the 70s and their Spanish operations started in 1985, turning into Skretting España in 2004.

In North America, Skrettin Canada (formerly Moore-Clark), can date its origins back to the founding of the Clark Co in 1949 and the Moore Co in 1959. The two merged in 1969, forming the Moore-Clark Co, which was bought by BP Nutrition in 1986. In the same year, Moore-Clark installed North America's first fish feed extruder, showcasing its pioneering spirit.

A management buyout in BP Nutrition in 1994 created the world's largest aquaculture company and one of the leading animal feed producers in Europe: Nutreco. In 2003, the Skretting name became the global face of all Nutreco's fish feed activities.

Continued expansion

What is now Skretting Japan started out as Yamaha Nutreco Aquatech in 1997 as a joint venture by Nutreco and Yamaha Motor Company. Their signature product was called Been's, an extruded pellet rich in crude fat for yellowtail/Seriola. The creation of this product sent shockwaves through the industry, as no one else was able to produce such a fat rich pellet in Japan. In 2005, the company name was changed to Skretting and the company acquired Kirin Feed before acquiring the fish feed production facility Marine Net Co Ltd in 2008 which allowed manufacturing, sales and distribution to be located in the same place.

Skretting China started as Zhuhai Shihai Feed Co Ltd, established in 2002. The company was acquired by Nutreco in 2011 as their first wholly owned subsidiary in the development of China's aquaculture industry, before they later established Skretting (Wuxi) Feed Co Ltd in 2021. From 2011 to 2022, it has repeatedly been honoured with the title of 'National Key Leading Enterprise in Agriculture Industrialisation' - a comprehensive assessment and identification of enterprises leading in the revitalisation of the countryside. Today, Skretting China has six shrimp feed production lines and three puffed feed production lines as well as being equipped with a disease monitoring centre, economic animal nutrition research centre and an ecological aquaculture research base of 500 acres.

Skretting Ecuador originally started out in 1990 as Diamasa, specialised in pelletised aquaculture feed and part of the Expalsa group. With the beginning of tilapia production, a company named Gisis was created to specialise in the development and production of extruded feed for shrimp. As both Expalsa and Gisis grew, Nutreco saw an opportunity to enter the Ecuadorian market, acquiring 75 percent of the two feed businesses in 2013. Today, Skretting Ecuador is the market leader in shrimp feed in Ecuador and represents a significant contribution to the overall earnings of Nutreco.

The next 125 years and beyond

In the past 125 years Skretting have continuously invested in R&D, nutrition, and process technology, resulting in highly specialised competence. They do not just produce feed - they also create complete nutritional solutions, including but not limited to feed additives, fish and shrimp health products, as well as integrated software and hardware solutions for precision farming.

Skretting has gained the reputation as a trusted provider who cares about their customers' needs and as a passionate advocate for the future of sustainable aquaculture. Today, they have grown into a multi-national company that produces feed for more than 60 species, contributing to over 22 million seafood meals around the world, everyday. Skretting takes their purpose of Feeding the Future very seriously and say that they intend to continue to do so for the next 125 years and beyond.

For more information, visit HERE.

The Aquaculturists

No comments:

Post a Comment