New Partnership leads to New Growth

Posted on Nov 9, 2016

POS BIO-SCIENCES is partnering with Apeiron Lanka Limited in Sri Lanka to develop a manufacturing facility designed to extract high-quality, pure essential oils.

Essential oils have experienced a growing market in recent years thanks to increased popularity and enhanced utility. Derived from plant roots, seeds, flowers, leaves and bark, essential oils are used as additives in food flavourings, fragrances, personal care products, air fresheners, deodorizers, pharmaceutics, massage therapy products and feed additives. They can also be found in insect repellents and antimicrobial products.

Sri Lanka is a tropical country with abundant rainfall and rich soil conditions, and is blessed with valuable agricultural products of premium taste and quality. The high quality plant extract products, tailor-made by POS BIO-SCIENCES technologies provide an opportunity to simultaneously increase quality, supply and customization of oil-based products.

In the same way POS BIO-SCIENCES transformed canola for Canadian farmers, our new facility in Sri Lanka will process raw materials from Sri Lankan farmers and employ Sri Lankan people, and, moreover, will compliment a rapidly growing local economy with a robust export market network.

The Sri Lankan facility is expected to be operational by the end of 2017. Updates, including a website, will be available by the end of 2016.