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Pure Salmon signs egg supply deal

Pure Salmon has signed a multiyear agreement with Benchmark Genetics for the supply of Atlantic salmon eggs to its land-based aquaculturep production worldwide.

Representing potentially 80 million eggs per year, the first delivery is expected in 2022, according to a press release from Benchmark Genetics. The agreement also includes provisions for strategic collaboration for product development and R&D.

Pure Salmon’s ambitious global project will see the establishment of recirculating aquaculture facilities in multiple markets, including Japan, the U.S., France, China, the U.A.E. and Southeast Asia, with a combined annual production capacity of 260,000 tons of Atlantic salmon.

“Pure Salmon has set off on a journey to become the leading sustainable producer of Atlantic salmon in land-based systems worldwide. Securing supplies of salmon ova is of key importance for the realization and success of our ambitious plans,” said David Cahill, head of production at Pure Salmon, in a statement.

Cahill cited Benchmark Genetics’ track record of supplying customers across the globe, and “the fact that their production systems of holding broodstock on land the entire lifecycle secures the highest levels of biosecurity in the industry.”

Benchmark Genetics’ commercial director Geir Olav Melingen noted the contract with Pure Salmon is a “major milestone” for the company and provides a “strategic pathway” for Benchmark Genetics to become an important supplier to the growing land-based salmon segment.