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Vitapro will invest around €72 million ($80 million) to build a new shrimp feed production plant in Ecuador. This is a consequence of the country’s shrimp exports increase.

For more than 35 years, Vitapro-owned shrimp feed producer, Nicovita, has developed sustainable nutritional solutions for aquaculture in Ecuador and other countries. The move will boost Nicovita’s production capacity by more than 45 percent.

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Last year, the South America-based feed producer announced it would separately invest €29 million ($35 million) to expand capacity at its plants in Ecuador and Peru.

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