Nutreco expands fish feed production:
Dutch-based animal nutrition company Nutreco is expanding capacity at its fish feed production plant in Averoy, Norway. It said its fish feed business, Skretting, would invest Euro 24m ($32m) in the facility in order to keep pace with demand for feed from the international aquaculture industry. The company plans to quadruple the plant's production capacity by June 2008, and is considering further increases after that date. The investment follows an upgrade at a site in Stavanger earlier this year, and will take Skretting's Norwegian production capacity to over 500,000 tons a year.