FISH WASTE FOR PROFIT 2024 - TRANSFORMING THE BLUE ECONOMY TO 100% GREEN

FISH WASTE FOR PROFIT 2024 WAS THE 5TH EDITION OF THE ICELANDIC FISHERIES CONFERENCE, WHICH TOOK PLACE IN HILTON REYKJAVÍK NORDICA HOTEL, ON 19-20 SEPTEMBER

Entitled, Transforming the Blue Economy to 100% Green; the 2024 conference will looked at how the industry is working towards full utilisation of 100% fish, including by-products and taking steps forward in the use of AI.

Fish Waste for Profit provides attendees with knowledge on how to maximise their return on investment from potentially discarded parts of the catch that can be turned into high value products for non-food sectors. It is a must attend event for those looking to discover new innovations and industry insights, and to develop relations with key industry stakeholders.

This edition of Fish Waste for Profit took place in September 2024, delivering case-study-based presentations, selected with the aim of informing attendees about recent industry developments and the ‘big business’ that fish waste is becoming.

To download a PDF copy of the Fish Waste for Profit Conference Programme CLICK HERE

		DAY 2 - FRIDAY 20TH SEPTEMBER
		DAY 1 - THURSDAY 19TH SEPTEMBER
08:30		Coffee & Registration
09:10		Chairman’s Welcome Thor Sigfusson, Founder and Chairman, Iceland Ocean Cluster
		KEYNOTE ADDRESS: Impactful partnerships for full utilisation The power of partnerships – how teaming up and collaborative relationships can accelerate full utilisation; what are the current available support systems for startups. Global collaborations that are making 100% fish impactful. Moderator: Thor Sigfusson, Founder and Chairman, Iceland Ocean Cluster
09:20		Alexandra Leeper PhD, Managing Director - International, Iceland Ocean Cluster David Naftzger, Executive Director, Great Lakes St. Lawrence Governors & Premiers Kristian Ottesen, Director, Royal Greenland Seafood A/S Kara Brydson, Executive Director of Fisheries Innovation & Sustainability
10:20		Coffee & Networking

		SESSION 1 - EMERGING 100% FISH VALUE CHAINS/OPPORTUNITIES Growing emerging opportunities linked closely to partnerships in the circular economy and opportunities that connect land and sea and cross sector - pharmaceuticals, nutraceuticals, feed, pet foods, biofuels, and fertilizers etc. Nutritional value of these new products where relevant for consumption/feeds. Moderator: Alexandra Leeper PhD, Managing Director - International, Iceland Ocean Cluster
10:50		Stefán Þór Eysteinsson Ph.D, Research Group Leader, Matis Alternative method for the harvesting of Zooplankton. Sustainability remains a controversial issue facing direct harvesting of zooplankton with concerns over the overall impact. Can Zooplankton be utilized as a side-stream from pelagic species instead of direct catching?
11:05		Cem Giray, CEO and President, Salmonics LLC Transforming fish blood From waste byproduct to innovative, sustainable, better products for veterinary & human health research and therapy applications.
11:20		Petra Weigl, Managing Director, Europe, Regal Springs Europe GmbH 100% Fish Utilization – Understand your company’s potential Utilizing 100% of the valuable fish protein you process should be both, a moral and also financial obligation. Get inspired by a framework how to identify your by-product potential.
11:35		Rune Frostad, CEO, Pretio Focus to use 100% of available fish waste Pretio has done excessive R&D, which has led to diversified product ranges from their processes. Pretioare now launching their products to global ingredients markets.
11:50		Q&A Session
12:10		Lunch & Networking

		SESSION 2 - GOING FROM GREAT RESEARCH TO A PRODUCT ON THE MARKET Moderator: David Naftzger, Executive Director, Great Lakes St. Lawrence Governors & Premiers
13:40		Fertram Sigurjónsson, CEO and Founder, Kerecis Fertram, founder and CEO of Kerecis, Iceland’s first Unicorn (acquired in 2023 for $1.3 billion), reflects on his incredible journey. From the spark of his Eureka moment to transforming wound care with revolutionary fish skin grafts, Fertram shares how resilience played a crucial role in turning his innovative idea into a global success.
13:55		Runar G. Solstad, Senior Scientist Marine Biotechnology, Nofima Blood from aquaculture, a diamond in the rough By establishing systems for collection and supply lines, strictly controlling logistics between slaughterhouse and process plant and tuning the processing of the blood, it has become evident that blood from aquaculture to use as nutraceutical is an option for the vast biomass.
14:10		Francis Désilets-Mayer, Research Professional, Merinov A shell game: past and present of chitinous waste valorization in Atlantic Canada In Atlantic Canada, despite ample resources, no crustacean waste processing plant remains. This presentation explores the reasons for this situation and the solutions developed by Merinov to address it.
14:25		Nicolas Degroot, Co-founder and CEO, KorallionBio Rethinking Waste - How algae innovations drive a sustainable future
14:40		Q&A Session
15:00		Coffee & Networking

		SESSION 3: FUTUREPROOFING AND ADVANCED TECHNOLOGY FOR FULL UTILIZATION AI, digital technology, and applications in commercial fishing/aquaculture by-product production, trends in market demands and consumer needs. Automation and processing technologies. Moderator: Thor Sigfusson, Founder and Chairman, Iceland Ocean Cluster
15:30		Anton Heiðar Þórólfsson, XR and Simulation Technology Manager, Marel Digital Twins and Virtual Prototyping in the Seafood Industry The use of real-time 3D simulations for digital twinning and virtual prototyping is helping the fish industry move faster, technology wise, and help engineers in the space think bigger and look further.
15:45		Donna Fordyce, Chief Executive, Seafoo Scotland Amanda Ingram, Circular Bioeconomy Partner, Zero Waste Scotland Developing opportunities for by-products from Scottish Seafood Zero Waste Scotland and Seafood Scotland are collaborating to develop evidence, insight, and interest
16:00		Andreas Tobey, Product Manager, BAADER Towards 100% fish through technology efficiency Optimizing resources and maximizing product recovery through technology efficiency and innovation, demonstrating how high yield and quality align with the 100% Fish objective.
16:15		Nicola Clark, Impacts Manager, Marin-Trust How to make zero waste traceable and responsibly sourced By-products are providing a vital and growing source of marine ingredients, but they need to be responsibly sourced. With a complex value chain and high market expectations, MarinTrust is working to become a leader in traceability.
16:30		Q&A Session

16:50		Chairman’s Close
17:00		END OF CONFERENCE DAY 1
17:00-18:00		Networking

09:00		Coffee & Registration
09:30		Chairman’s Opening & Summary of Day 1 Thor Sigfusson, Founder and Chairman, Iceland Ocean Cluster
		SESSION 4 - New Ideas and Processes for 100% Fish Products Development of and testing for new 100% fish product processes. Moderator: Thor Sigfusson, Founder and Chairman, Iceland Ocean Cluster
09:40		Clara Jégousse, Research Project Manager, Icelandic Ocean Cluster
09:55		Michaela Lindstrom, Managing Director & Founding Partner, Hailia Nordic Oy
10:10		Hildur Inga Sveinsdóttir, Project Manager, Matis
10:25		Q&A Session
10:45		Coffee & Networking

11:05		Session 5: Building, Accelerating, Protecting & Investing in 100% businesses with Mini Pitches Energising the industry for investment (what do investors want from start-ups), IPR (Intellectual Property Rights) opportunities/processes/assistance for start-ups, business models options. Fireside chat, Mini-discussion session Moderator: Alexandra Leeper PhD, Managing Director - International, Iceland Ocean Cluster
		Kristinn Þór Sigurðsson, Project manager, Iceland Ocean Cluster Supporting startups in the blue economy, challenges and solutions
		Ben Wiper, Founder and CEO, 3F Waste Recovery From Cod Skins to Collagen… to Robots?! The fisheries business model is changing. Applying biotechnologies to by-products creates new products, exponentially more valuable than the seafood. Companies with the best technology, not the biggest quotas, will dominate this shift.
		Broni Hornsby, Bythos Biotech The Mediterranean Kettle of Fish Addressing the challenges in terms of side-stream management for the Mediterranean Fisheries sector. Providing consultancy to the public and private sector on 100% fish use.
		Vala Valþórsdóttir, CEO, Aurora Abolone Harnessing Iceland’s Resources for Circular Abalone Production Discover how Aurora Abalone, in partnership with the Reykjanes geothermal plant and Lava Seaweed, is leading the way in a circular economy model. Learn how the innovative use of seawater and resource recycling is reshaping sustainable abalone production.
		Q&A Session
12:00		CONFERENCE WRAP UP - THOR SIGFUSSON, FOUNDER AND CHAIRMAN, ICELAND OCEAN CLUSTER
12:10		Lunch & Networking
13:30 - 17:00		FREE TIME TO VISIT THE ICELANDIC FISHERIES EXHIBITION