Bio-Marine Ingredients Ireland Ltd, has welcomed Bord Pleanála’s granting of planning permission for the development of its headquarters in Killybegs.
Chief executive, Jason Whooley, said: “This is very positive news for Killybegs and its hinterland and the wider Irish seafood sector.
"We have potential to create marine ingredients and human nutritional products to take the sector to a completely different level.”
Bio-Marine Ingredients Ireland is a joint venture of Killybegs fishing interests and Norwegian partners.
The facility will extract proteins, oils and calcium from fish, for use as food ingredients.
A seven-acre site has been identified for the new facility at Stoney Hill Industrial Park adjacent to the new pier in Killybegs.
The project supports the objectives set out under the Government’s Food Harvest 2020 report for the industry which focuses on developing product options from species such as blue whiting and boarfish as well as making a commitment to supporting the establishment of new firms in the sector.
Food Harvest 2020 places an emphasis on the development of innovative, consumer-oriented seafood products and upon marine biotechnology and ‘marine functional foods’.
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