Atlantic Sapphire AS (OTCQX:AASZF) CFO Karl Øystein Øyehaug tells Proactive the Norwegian salmon farming company is seeing strong demand for its sustainable, 'bluehouse-farmed' salmon, so the group is scaling up 'as much as we can, as fast as possible.'
Øystein Øyehaug explains how its phase 2 construction build of its bluehouse farms will more than double existing production capacity, taking the group to a total of 25,000 metric tons of salmon production per year. While the group will kickstart production in the second quarter of the year, the long term ambition is to reach 220,000 tons of annual salmon farming capacity by 2031.
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