The company’s Value-Added Processing (VAP) Europe division, based in Brugge, Belgium, is close to completing the planning stage of the plant in the French port of Boulogne sur Mer, the division’s Operations and Sourcing Director Bertil Buysse told IntraFish.
It will require a capital investment of between €8 million ($10.9 million) and €10 million, said Buysse. This still has to be approved by the group’s head office in Oslo.
With the current VAP Europe plant in Boulogne, “we are limited in how much we can grow in volumes,” said Buysse.
