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Chilean farmer Nova Austral certifies crime prevention model By Chilean salmon farmer Nova Austral has successfully certified its crime prevention model, it said.  [...] Want to keep reading? sign up This field is required Remember me Enter the email address associated with your account. We'll send you instructions to reset your password. This field is required to change your password. redirecting... Don't miss a beat Start your week with our Editor's choice Go d indicates our Product updates [x] [x] [x] How we handle your data We never share, sell or distribute our subscribers’ da...

Salmon farmer Nova Austral ended 2020 with a resolution to a longstanding dispute with the Chilean government after a local court ruled it must pay $215,000

The ASC certification resulted from an audit conducted by an independent certification company, Control Union (CUP). The ASC certification of both centers follows "tireless work" by Nova Austral's team since the end of 2019 to improve performance in environmental, social, and animal responsibility, the company said. Also, it shows Nova Austral’s commitment to strengthening its compliance programs and all processes in the value chain. The company said the move is also another step in Nova Austral strengthening good practices, including a restructuring of the company with higher standards of...

Three of Chile’s largest seafood farming operators have posted their third-quarter results for 2020.  During the third quarter, Chilean salmon farming company Nova Austral’s revenues increased 26 percent to USD 39.7 million (EUR 32.8 million) when compared to the same period in 2019, mainly due to higher volumes sold and partially offset by lower market prices, the company reported to the Oslo stock market, where it is traded publicly. However, cost of goods sold outpaced the revenue increase, increasing by 32 percent year-over-year to USD 37.3 million (EUR 30.8 million), which the com...