LAVAL, QuebecNeptune Technologies & Bioressources Inc. successfully completed its Sherbrooke plant ramp-up, allowing the plant to now operate at an annual production capacity of 150 metric tons.
"Despite a small delay in our ramp-up schedule, which impacted our sales up to now, we are currently operating at full capacity," said André Godin, interim president and chief executive officer of Neptune. "Product quality specifications are being met and customer shipments of our premium krill oil, NKO®, are now underway."
"With heightened production levels, we are now able to resume our pre plant explosion sales efforts and are well placed to capitalize on future opportunities and reaffirm ourselves as a leader in the omega-3 nutraceutical market," he added. “This is an exciting time for Neptune and we remain focused on driving profitable growth by selling premium products, expanding our offerings and reach and leveraging our intellectual property."
In August, the plant was operating at an annual production capacity of 50 metric tons.