Dongwon Industries will invest about KRW 200 billion ($168.5 million/€142.1 million) in 35,000 pyeong (116,000 square meters) of land in Gangwon Province, South Korea, for construction of a land-based salmon farming complex, reports Korea IT Times . South Korean seafood giant injects millions into land-based salmon producer Dongwon, which counts among its global subsidiaries the US tuna brand Starkist, said it anticipates 20,000 metric tons of production from the facility, which it will produce using technology developed by Norwegian land-based salmon farmer Salmon Evolution. Dongwon injected NOK 50 million (€4.7 million/$5.5 million) in July, giving the company a close to 10 percent stake in Salmon Evolution. "During the fierce global food resource war, we have established our own domestic salmon farming complex to secure stable and sustainable fisheries resources," said Dongwon CEO Lee Myung-Woo. "We plan to foster it as Asia’s largest fisheries bio-industrial complex in the future." 20,000 tons of salmon Construction of the land-based salmon farm begins this year, and Dongwon plans for it to be operational next year. Unlike more technical and expensive RAS systems employed by the likes of Atlantic Sapphire, Dongwon will employ the flow-through land-based farming system used by Salmon Evolution. Dongwon aims […]

Latest Articles
Kiribati Floating Houses address rising waters and land limitations
Architectural design takes all forms, with a focus from the ground up. But UOOU, an Amsterdam- and London-based design practice, came up with...
Once Imperiled, America’s Bald Eagle Populations Are Soaring
U.S. bald eagle populations have more than quadrupled in the lower 48 states since 2009, according to a new survey from the U.S....
Indigenous peoples by far the best guardians of forests – UN report
The embattled indigenous peoples of Latin America are by far the best guardians of the regions’ forests, according to a UN report, with...
Has Eugene, Oregon, found a ‘superpower’ for climate action?
Organizer Dylan Plummer addresses the crowd during a March protest outside the offices of Northwest Natural, the Eugene, Oregon, gas utility. Activists are...
12-Year-Old Lilly Platt takes on Plastic Pollution / Urban Forestry Growth- Top 5 Happy...
12-Year-Old Lilly Platt takes on Plastic Pollution / Urban Forestry Growth- Top 5 Happy Eco News – 2021-04-12
Thanks for reading the Happy Eco News...
Greta Thunberg: a True Advocate for Environmental and Women’s Rights
In 2018, 15 years old Greta Thunberg became the face of climate change action and took the world by surprise. What started as...