Danish fishmeal producer builds factory in China

TripleNine, a Danish producer of fishmeal and fish oil, will build a new factory in China to produce fish meal for animal feed. The Danish company wants to gain greater market share in China and hence become the biggest producer in the world, Business.dk reports.den_cn_999

TripleNine, headquartered in Esbjerg and owner of factories and operations in Denmark, Norway, Chile, South Africa, China and Mauritania, sells it fishmeal and oil for pet food and salmon, trout, carp and feed. The company is now to invest 140 million krone (18.8 million euro) in a ultra-modern factory in Shandong Province, China. The Danish investment agency IFU contributes 35 million krone (4.7 million euro).

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