Christian Molinari

Christian Molinari

Contributing Editor

A native of San Francisco, Christian Molinari has lived and worked in Chile for over 20 years, after having arrived in Santiago as a volunteer and falling in love with the culture and its people. He covered business news in Latin America for over a decade, worked in communications at IBM Chile, and currently freelances in strategic communications and reporting.


Author Archive

Published on
December 17, 2021

The Chilean Salmon Council – formed by AquaChile, Australis, Salmones Aysén, Cermaq, and Mowi – has released its first-ever sustainable impact report.

The report reviews seven categories of the member companies’ social, economic, and environmental impacts in 2020. The release of the report just 18 months after the Salmon Council was formed “demonstrates the transparency of the trade association and its member

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Published on
December 16, 2021

AquaChile has divested from its tilapia operations in Costa Rica to fully concentrate on salmon production, selling its subsidiary Grupo ACI to the Costa Rica-based seafood company Martec for an undisclosed amount …

Photo courtesy of Rainforest

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Published on
December 14, 2021

A court of law in southern Chile’s Puerto Aysén has levied a fine of CLP 344 million (USD 407,600, EUR 360,300) against a subsidiary of AquaChile – the country’s largest salmon farmer and second-largest worldwide – for reported infractions associated with the mismanagement of mortality in its salmon-production process 

Photo courtesy of

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Published on
December 9, 2021

Guayaquil, Ecuador-based Bioconversión has opened a USD 2.5 million (EUR 2.2 million) plan producing insect meal – the first such insect meal production plant of its kind in Latin America.

Founded in 2019, the biowaste-to-protein processing firm will use black solder fly (hermetia illucens) larvae to produce 1,200 metric tons (MT) of animal feed and 5,000 MT of fertilizer a year.

The plant will annually use 14,500 MT of organic

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Published on
December 7, 2021

Punta Arenas, Chile-based salmon farmer Nova Austral announced it decided in November to close its Skyring 3 site, which will mean a fourth-quarter financial impact of USD 4.1 million (EUR 3.6 million) and approximately 4,000 metric tons (MT) less in harvested volumes in 2023.

Nova Austral attributed the decision to the site having “experienced extreme weather conditions that affected the ability to operate normally, and [which] at the

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Published on
December 1, 2021

Los Ángeles, Bio Bio, Chile-based Salmones Austral continued to see business recover in the third quarter of 2021 following what it called a “complex 2020" …

Photo courtesy of Salmones

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Published on
November 24, 2021

Santiago, Chile-based fishing and salmon-​farming firm Blumar, which recently announced positive third-quarter 2021 results, has sold its 45 percent shareholding in Frigorífico Pacífico ... 

Photo courtesy of

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Published on
November 23, 2021

Puerto Montt, Chile-based salmon farmer Multi X – formerly known as Multiexport Foods – saw its operating incomes and consolidated profit increase in Q3 2021 due to strong sales to the U.S. and

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Published on
November 22, 2021

Salmones Camanchaca has rescheduled USD 135 million (EUR 120 million) in revolving credit lines with DNB Bank, Rabobank, and Santander, saying that it is the first salmon company in Chile to ink a sustainability-linked loan that meets the five characteristics outlined by the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA)

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Published on
November 17, 2021

Santiago, Chile-based salmon farmer Salmones Camanchaca has posted increased revenue, positive net profit, and positive earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q3 2021, a turnaround from losses in 2020.

Camanchaca posted a net profit of USD 4.57 million (EUR 4.03 million) in the third quarter of 2021, versus a Q3 loss of USD 9.53 million (EUR 8.42 million) in the same quarter last year.

“[It's evidence]

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