FRD Japan on Path to Build Land-Based Rainbow Trout Farm
FRD Japan announced it would construct a land-based aquaculture plant for rainbow trout farming in Chiba, Japan, with plans to produce 3,500 metric tons of trout annually starting in 2027.
The company, which focuses on recirculating aquaculture systems, said it would raise funds via a third-party allocation of new shares and loans using its framework for blue sustainability finance. The funds will be used to construct the new facility, along with “working capital, research and development, and investment (including expenditures for the pilot plant currently in operation...
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