Norwegian krill manufacturer RIMFROST notes that the global demand for krill oil for human consumption increases, and begins the planning of a new vessel. “After several challenging years, the global krill market is now showing real signs of recovery”, owner of RIMFROST, Stig Remøy, says.
RIMFROST has increased its global sales and marketing of their patented, high quality krill oil for human consumption and is experiencing significant enthusiasm in the international market.
“There is no doubt that the withdrawal of Aker Biomarine's complaint to The International Trade Commission (ITC) had positive effects. The patent conflict has had major negative impact on the global krill market for a long time. With this case resolved, new opportunities are now emerging”, Stig Remøy says.
RIMFROST had an increase in sale of krill oil of 40% in Europe last year and the growth continues this year, showing that our novel krill oil, with high levels of Omega-3 Phospholipids & astaxanthin, is highly appreciated by European omega-3 consumers.
“In addition, krill has a major potential as fodder for the aquaculture market. Our technology potentially increases growth and improves health for farmed salmon”, Remøy says.
RIMFROST has now started planning the construction of a new krill vessel.
“Improvements in the market and new ways to utilize krill makes RIMFROST optimistic. In addition, GIEK are now open for granting construction of new vessels, Remøy says.
RIMFROST placed bids during the auction of the vessel Juvel, but failed. This was not crucial for RIMFROST, but the plans for a new and more effective vessel will be accelerated due to this. RIMFROST has a clear ambition to strengthen our position in this market”, Stig Remøy concludes.
For further information, please contact:
Stig Remøy, owner
RIMFROST AS
Norway
+47 916 19 124
Norwegian krill manufacturer RIMFROST notes that the global demand for krill oil for human consumption increases, and begins the planning of a new vessel. “After several challenging years, the global krill market is now showing real signs of recovery”, owner of RIMFROST, Stig Remøy, says.
RIMFROST AS is a Norwegian biotechnology company which supplies its RIMFROST Sublime krill oil to the world’s food supplement markets. The company is experiencing increasing sales and market share growth, especially the USA and Europe. The strategy of RIMFROST is now to expand into China and offer a high quality krill oil with superior color and viscosity which meets the regulatory requirements of Chinese authorities. As a first step RIMFROST has been successful in obtaining regulatory approval from the National Health and Family Planning Commission (NHFMC).
Yesterday, Aker Biomarine voluntarily withdrew its complaint at the International Trade Commission (ITC), alleging that krill manufacturer Rimfrost had violated several of its patents.
As the Holiday Season is upon us, the RIMFROST TEAM wants to wish you a very Merry Christmas and a New Year filled with peace and prosperity.
We are attending this years Supply Side West show and hope to see you there. Stop by our booth #PP165 and lets talk krill.
RIMFROST in collaboration with partners in New Zealand has developed and patented a krill powder for human nutraceutical applications. In a long term collaboration with the University in Bergen, with the financial support from the Norwegian Research Council, krill products have been tested in animal models and in humans and the results have been published in international scientific journals. The most recent data shows that krill powder is effective in reducing atherosclerosis in apo E-/- mice, suggesting that it also may be effective in improving vascular health in humans.
RIMFROST AS is a Norwegian vertically integrated krill company which offers krill oil and krill powder to worlds food supplement markets. The company’s strategy to offer this product in South America has now reached a milestone as the company has been granted regulatory approval in Brazil.
RIMFROST AS is a Norwegian vertically integrated biotechnology company that operates and controls the production of high quality krill products from raw material to finished capsules. The company’s recent innovation, a 100% pure krill oil extract with 60% phospholipids, has now obtained a favourable opinion from the Finnish Novel Food Board based on substantial equivalence and is therefore ready for the European market.
In a collaboration with NOFIMA and Denmark Technical University, two stability studies have been performed, showing that the krill powder is stable and minimal degradation takes place.
RIMFROST AS has published a randomized, single-dose, cross-over trial in Lipids in Health and Disease which documents the bioavailability of fatty acids from RIMFROST krill products and fish oil in healthy humans.
Olympic Seafood AS has today received confirmation that its krill fishery is now certified by the Marine Stewardship Council (MSC).
