BioExx to close Saskatoon plant but in ‘advanced’ talks over JV in Europe
date:Apr 03, 2013
e of protein to the world.

However, it was not financially viable to keep Saskatoon going, he said, chiefly because to make an oil processing plant viable, you need to operate on a large scale, and BioExx was focused on extracting protein, which is a much smaller scale endeavor.

It just did not make sense to produce protein but be weighed down by an unprofitable oil business, he said.

We have made the difficult but responsible decision to close the Saskatchewan plant in order to improve our c
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