Epax Invests $10M in New Plant to Transform Fish Oil Processing in Norway

In a bold move that underscores the evolving landscape of the nutraceutical industry, Epax has announced a $10 million investment in a new synthesis plant in Aalesund, Norway. This facility is set to revolutionize the way fish oil is processed, thanks to the introduction of tailor-made Epax fractionation technology. This cutting-edge approach will allow the company to gently modify fish oil and extract distinct fatty acids, paving the way for bespoke nutrition products that cater to the growing health-conscious consumer base.

The R&D team at Epax has successfully piloted this unique technology, ensuring it can be deployed on an industrial scale. This is no small feat; it positions Epax not just as a leader in the omega-3 category, but also opens the door to innovative products featuring omega-9 and omega-11. While these long-chain monounsaturated fatty acids (LC-MUFAs) may not have the same name recognition as their omega-3 counterparts, they are gaining traction for their potential benefits in nutraceutical applications, particularly in skin and metabolic health. Moreover, these fatty acids are making waves in the beauty and personal care sectors, indicating a shift in consumer preferences towards more holistic health solutions.

The new synthesis plant will boast a staggering capacity to process 5,000 tonnes of crude oil annually, all sourced from North Atlantic pelagic fish species. This local sourcing is a crucial element of Epax’s sustainability strategy, reflecting a broader trend in the construction and manufacturing sectors towards utilizing regional resources. This not only reduces the carbon footprint associated with transportation but also supports local fisheries, creating a more sustainable supply chain.

Furthermore, the investment includes an expansion of the tank farm where crude fish oil is stored, enhancing Epax’s ability to optimize the various fractions of the oil. This improvement aligns with the company’s environmental, social, and governance (ESG) goals, as they strive to maximize the use of fish oil in products aimed at human nutrition. Bjørn Refsum, CEO of Epax, articulated this commitment, stating, “This investment is a demonstration of our dedication to harnessing the full potential of marine lipids, including next-generation fatty acids like omega-9 and omega-11.”

The construction of the new plant is already underway, with operations expected to commence by early 2026. This timeline reflects a sense of urgency in the industry to innovate and adapt to consumer demands for health-oriented products. As the market for nutraceuticals continues to expand, Epax’s move could signal a shift in how companies approach product development, particularly in leveraging local resources and embracing sustainability.

The implications of this investment extend beyond Epax. As other companies observe the successful integration of these next-generation fatty acids into product lines, we might see a ripple effect throughout the nutraceutical sector. The focus on omega-9 and omega-11 could inspire competitors to explore similar avenues, fostering a culture of innovation that prioritizes health and environmental stewardship. In an industry that thrives on trends, Epax’s investment could very well be the catalyst for a new wave of product development, one that is as beneficial for consumers as it is for the planet.

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