Singapore stock exchange-listed Oceanus Group Limited said earlier this month it would team up with SIF Agrotechnology, using the smaller group’s innovative aquaculture water treatment technology to further expand its footprint in the abalone sector.

“It is envisioned that the proposed partnership between Oceanus and SIF will be a major breakthrough in upgrading traditional aquaculture farming to ecologically sustainable, hi-tech land-based aquaculture farming that will improve productivity through faster fish growth and lower mortality,” the companies said.

SIF’s technology uses a process that allows for chemical-free disinfection and high quality oxygenation through its recirculating aquaculture systems.