BioExx commences commercial sales activity and advances to 24 hour per day production
Bio-Extraction Inc. has announced that it is commencing commercial delivery of its oil and meal products from its Canola processing facility in Saskatoon, Saskatchewan, Canada. As of March 30, 2009 it has also commenced 24 hour per day production.
After the initial start-up on March 2, 2009, BioExx has worked through the anticipated challenges at the plant, including various equipment issues, minor design modifications, stress testing various components, and gradually increasing throughput and yield. As a result of cumulative successes, BioExx has elected to move from daytime production to 24 hour production. The facility is still anticipated to take another 30 days to reach full capacity, but production volumes are now high enough that the Company expects to be shipping truckload quantities of its products on a near daily basis.
“We are extremely pleased with the professional, dedicated, and energetic approach that each member of the Saskatoon team has demonstrated during start-up”, said BioExx CEO, Chris Carl. “There have been some very challenging days to be sure, but we are very pleased with the performance of the plant at this point, and we look forward to continuing to ramp production and revenues through to full capacity.”
Headquartered in Toronto, Canada, BioExx is a leading technology company focused on the extraction of oil and high-value proteins from oilseeds. BioExx’ patented technology allows for the use of significantly lower temperatures than conventional methods in extracting the active ingredients and oils from oilseeds, resulting in higher yields and higher-quality meal, oils and proteins.
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