Mr. Andre Godin reports
NEPTUNE'S PRODUCTION RAMP-UP ON TARGET
Neptune Technologies & Bioressources Inc.'s Sherbrooke plant is now operating at an annualized production capacity of 50 tonnes.
"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 Andre Godin, interim president and chief executive officer of Neptune. "Customer demand for our premium krill oil, NKO, remains firm. Before commencing customer shipments, additional tests on the krill oil will be performed to ensure quality standards are being met."
As announced on July 15, 2014, Neptune has entered a three-month production ramp-up at its Sherbrooke plant. During this time, annualized production capacity is expected to grow in equal monthly increments of 50 tonnes, increasing from 50 tonnes at the end of the first month to 150 tonnes at the end of the third month.
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