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The Business

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Thursday, 08 May 2008 15:16

The Business of BioExx is to develop, construct, own and operate a global base of oilseed processing facilities.

BioExx facilities will increase in size from the current 40,000 MT up to a maximum capacity of 250,000 MT per year, per facility.

BioExx will initially focus on Canola oilseed extraction, having opened its first oilseed processing facility in Saskatoon in March 2009. The company plans to expand into rapeseed, soybean and flax seeds in North America, the EU and South America.

Delivering more food value per tonne of seed processed than conventional oilseed processing, BioExx will be competitively positioned to make an increasing contribution to the overall global protein supply.

Across all facilities, BioExx has secured from industry partners long-term seed supply contracts and matched these with long-term purchase contracts for its oil, meal and specialty protein products.

In North America, BioExx wholly owns its facilities. Outside North America BioExx will enter strong strategic equity partnerships or joint-ventures to complement our operations model.

It is BioExx’s long-term vision to expand beyond the oilseed industry and to seek partnerships or licensing agreements in other industries in which the BioExx technology has a competitive advantage. This may include pharmaceutical and nutraceutical applications where the BioExx technology can be used to extract natural active ingredients and broad industrial applications.

 

Last Updated ( Wednesday, 20 January 2010 14:13 )