BII is a joint venture between the Killybegs Fishermen’s Organisation and Norwegian firm, Biomarine Science Technology, the latter having many years’ experience in the pharmaceutical, marine biotech and international commodity businesses. The bulk of the raw material will be purchased from processing plants in Killybegs with 750,000 tonnes of blue whiting being fished off the Irish coast annually.
BII recently commenced full commercial production at its €12 million marine ingredients processing facility in Lough Egish, Co Monaghan. A seven acre site has been purchased and planning permission secured, for the second new facility with a capacity 10 times larger than Monaghan in Killybegs.