New Neptune Plant Production Meets Expectation

LAVAL, Quebec—Neptune Technologies & Bioressources Inc. announced its Sherbrooke plant is now operating at an annual production capacity of 50 metric tons.

"Production levels are on target, and we continue to focus on reaching full operating capacity of 150 metric tons of krill oil annually at the end of a three-month ramp-up period," said André Godin, interim president and CEO. "Customer demand for our premium krill oil, NKO, remains firm."

Neptune began the three-month production ramp up at its new plant in July. During the time, production capacity is expected to grow in equal monthly increments of 50 metric tons, reaching 150 metric tons by the end of the period. Construction at the plant finished in April, 18 months after an explosion destroyed the facility.