Quality Salmon Sotenäs AB and Nippon Gases in Sweden have signed a letter of intent for gas delivery to the new land-based salmon farm, planned for the Sotenäs municipality, on Sweden's west coast.
Nippon Gases, part of Nippon Sanso Holdings Corporation (NSHC) and the Mitsubishi Group, offers the delivery and on-site production of industrial gases, develops delivery systems and customer-specific gas and oxygen applications to hatcheries, smolt production, sea- and land-based fish farms and aquafeed plants.
In a press release, Nippon Gases Sverige AB Managing Director Robert Palffy said the company will be helping to develop and build the circular industry model for salmon production together with Quality Salmon and the other stakeholders.
“Nippon Gases has extensive knowledge on how to efficiently dissolve oxygen in water and deliveries of gases to similar projects. With our expertise in the area, we can contribute to the success of the project. In addition to oxygen, we will also offer industrial gases to other parts of the industrial park’s processes,” Palffy said.“Sustainability and circular economy are important focus areas for us as a company and we want to be involved in the process of transitioning to a more environmentally and climate friendly production. We are actively searching for projects where our gas solutions can help both our customers and the society at large to reduce humanity’s footprint.”
The contract is the latest step in the planning and construction of the fish farm. Earlier this month, Lighthouse Finance AS-owned Quality Salmon signed a letter of intent with Finnish-headquartered Uponor Infra Oy for the construction of the facility.
Once fully developed, the Quality Salmon Industry Park will produce up to 100,000 metric tons (MT) of Atlantic salmon per year, and will operate almost entirely under a circular economy scheme, including feed factory, salmon farm, slaughter, processing, management of residual products and water purification.
“A SEK 17 to SEK 20 billion [USD 2 billion to USD 2.4 billion, EUR 1.7 billion to EUR 2 billion) investment in a circular industrial park and aiming for a future production of 100,000 MT of salmon per year shows how high our ambitions are,” Lighthouse Finance CEO Roy Høiås said. “We want to do more than just market the production of salmon. We chose to cooperate with Nippon Gases because we share the same vision that sustainability and innovation are key factors for success and the development of Quality Salmon Industry Park.”
Founded in 2013, Norwegian-owned Lighthouse Finance has financed fish farms, integrated aquaculture systems, and fishing and logistics vessels in Europe, North America, and Asia.
Photo courtesy of Nippon Gases
