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Expansion of SiliCycle: a $ 15 million investment
for its plant extension and the diversification of its activities


Not only will this expansion allow SiliCycle to increase the production capacity of currently marketed products (in more than 85 countries at this time), but will also enable the development and production of plant, forest, marine biomass extracts via a new Extraction-Purification technologic platform.
These ingredients can also be purified to pharmaceutical grade and scale, pharmaceutical companies being SiliCycle's main customers.

The expansion project includes, among other things, the addition of numerous specialized equipment and large-scale production area (CMO) that complies with good manufacturing practices (GMP).

Thus, ingredients such as CBD / THC molecules, polyphenols, omega-3, and purified extracts and ingredients addressing the pharmaceutical, food, nutraceutical, natural health products industries, animal nutrition, and cosmetics will be marketed.
SiliCycle plans to double its turnover in 2020, on the occasion of its 25th anniversary.

In the short term, this important investment will allow the creation of about 50 highly specialized positions (PhDs in chemistry, engineers, laboratory technicians...).

https://www.silicycle.com/articles/cat/news/post/expansion-silicycle-15-million-dollars-investment-plant-extension-diversification-activities


Publisher Contact Information:

SiliCycle Inc.
4188740054
genevievegingras@silicycle.com

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