Mitsubishi and Maruha Nichiro Invested in RAS Atlantic Salmon Farm, Aiming for 2500 MT in 2027
Mitsubishi Corporation and Maruha Nichiro established a joint venture company, "Atland," in Nyuzen-Machi, Toyama Prefecture, on October 18 for land-based farming and sales of Atlantic salmon. The company will be capitalized at a maximum of 11 billion yen ($73.44 million), with Mitsubishi holding 51% and Maruha Nichiro holding 49%. They will install the RAS system. The first shipment is scheduled for 2027, and the company aims to produce 2,500 tons per year for the time being, reported Minato Shimbun...
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