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Discover Blumar’s latest news, operations, initiatives, developments, and key industry milestones
With one and a half million smolts: Blumar’s Puyehue Fish Farm celebrates its first year of operation

With one and a half million smolts: Blumar’s Puyehue Fish Farm celebrates its first year of operation

– Thanks to the project, Blumar managed to control a very important part of the salmon production process, making its salmon farming operation more efficient. 

A little more than a year ago, Blumar launched a project with which it manages to supply part of its demand for smolts, where from fingerlings always obtained in freshwater and, after approximately 4 months, they are transformed into fish ready to be stocked in seawater. This is the company’s first fish farm located in the commune of Puyehue, Los Lagos Region, which started with the objective of providing 30% of the company’s smolt requirement, which is equivalent to about 4 million fish per year.

“We have completed one year since we started operating this project, which has undoubtedly transformed into a series of a very relevant milestones for the company. We have already planted our first million and a half smolts into the sea, which have had a very satisfactory response, and on the other hand, we have consolidated the Fresh Water team in charge of this operation,” says the fresh water manager, Wido Martínez. 

“It is truly an honor to be part of this, and it gives us great satisfaction to have our first fish farm,” added the Blumar Freshwater leader. 

The project represents important advances in innovation and efficiency, and allows the company to have greater control of the production chain. Along these lines, the general manager of Blumar, Gerardo Balbontín, highlights that “this project is a fundamental milestone in the history of the company, because since its launch the desire to be present in the entire salmon production chain has been realized.” 

On the other hand, Balbontín highlights that another of the benefits provided by the Puyehue Pisciculture operation is that 24 jobs have been generated for the area, in addition to activating several local services. “It is a sign that the project has not only generated value for the company but, even more importantly, for the community that surrounds it.

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Blumar Reports Second-Quarter 2026 Results and Details Performance by Segment

At the consolidated level, the company reported increases in revenue, pre-fair value adjustment EBITDA, and net income during the second quarter and first half of 2026, driven primarily by the fishing segment and the recognition of U.S. tariff refunds in the salmon segment. On a year-to-date basis, the aquaculture segment remained below the results recorded in the first half of 2025, although it showed a recovery during the second quarter.