Future Exploration & Expansion

The demand for farmed salmon is steadily increasing, as consumers are searching for a high-quality source of fresh protein. Seafood is seen as a healthier and more sustainable alternative to other protein sources, such as poultry.

With more than 90 percent of the world’s wild catch fish stocks depleted or overfished, wild catch can no longer meet growing market demands, which is why aquaculture is so important.

Demand for Tasmania’s premium aquaculture products means there is the opportunity to expand, provided of course the community’s social and environmental expectations are met.

Any future expansion at Petuna will involve major investment and more jobs – both direct and indirect – as well as more export earnings for the state.

Sixty percent of Australia’s aquaculture is produced in Tasmania.

In undertaking any future expansion, Petuna is committed to:

  • Maintaining its reputation for global best practice and its environmental certifications;
  • Minimising the environmental impact of its operations;
  • The application of relevant, new technologies as the emerge;
  • Minimising the movement of service vessels; and
  • The pro-active management of operational debris.

Why is Petuna seeking to expand its operations?

Market demand for Petuna’s premium product means there is the opportunity to expand, provided of course the community’s social and environmental expectations are met.

Expansion of Petuna’s operations will allow the company to meet this increasing demand as well as to fulfil its five-year growth strategy. It also supports the industry’s plan, supported by the Tasmanian Government, to double production by 2030.

Importantly, it will enable Petuna to continue to farm conservatively in Macquarie Harbour, while maintaining steady growth in a deep sea, off-shore environment.

WHY NORTH-WEST TASMANIA?

North West Tasmania

WHY STORM BAY?

South East Tasmania