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Two proposed RAS salmon farms cause stir in China By Share Two new recirculating aquaculture system (RAS) salmon-farming projects backed by Norwegian firms are set to be launched in the coming year in China. Stavanger, Norway-based Norsal appears to be the first major foreign venture into the salmon farming business in China since Canada-based AgriMarine commenced on-land farming of steelhead in China a decade ago. Earlier this month, the company announced its intention to build a RAS salmon-farming project in the Yantai Economic and Technological Development Area, at a cost of USD 400 million (EUR 327.3 million), according to China Daily. The project will be built in two phases, with the first aiming for an output of 10,000 metric tons (MT) and the second upping the farm’s output to 30,000 MT.

New zealandHong kongUnited statesRagnar joensenAlan xiaoqing qianBiomar tongweiRobin wangNorwegian seafood council chinaTechnological development areaChina dailyNorway based norsalCanada based agrimarineYantai economicNordic aqua partnersEuronext growthChairman ragnar joensen