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Maxim Agri & Samakgro noted that the operational efficiencies achieved at that location will allow it to offer more affordable feed to fish farmers.

The facility will produce up to 25,000 tonnes of extruded feed annually for species including trout and sturgeon.

The new centre, established by the Singapore Food Agency and Singapore Institute of Technology, will focus on feed technology and nutrition for local and regional aquaculture.

A new report by the Centre for Feed Innovation predicts production of SCPs could rise to between 150,000 and 500,000 metric tonnes by 2030.

The industry body says binding inclusion rates would help scale up sustainable feed ingredients and strengthen the resilience of European aquaculture.

Tunga is an open joint venture managed by Skretting, in partnership with Unga Group's subsidiaries in Kenya and Uganda.