BioMar Group and Viet-UC are to establish a partnership developing and producing aquafeed in Vietnam. On this note, when the Aqua Star team approached the BioMar team to comment on this new expansion into South East Asia and how do they see the potential of Asian shrimp feed business.
Mr. Carlos Diaz CEO BioMar said, "We believe South East Asia is a very interesting region for BioMar Group. We see consistent high growth rates in terms of volumes produced and with a very interesting mix of farming intensities, At the same time the region has very good natural conditions for shrimp farming and a very strong drive for developing and growing the aquaculture sector.
In BioMar, we believe that we can contribute with solid experience in building value chain collaboration resulting in strong value propositions towards the retailers and consumers in terms of sustainability, food safety, transparency and consistent quality. Across the world, we see an increasing consumer awareness, and building strong brands and value add products towards the consumers is a good business for all participants. We already see these possibilities arising from our presence in China, and we are not in doubt that the South East Asia will open for new business opportunities"