Pinnacle Food Group Limited Completes Key Development Milestone and Commences Construction of Commercial-Scale Microalgae-Based Astaxanthin Facility in Canada
Pinnacle Food Group announced the commencement of construction for a commercial-scale microalgae-based astaxanthin production facility for Bei Harvest Ltd. in British Columbia. The project is expected to generate approximately US$10 million in aggregate revenue for Pinnacle Food, with Phase I valued at US$4 million and Phase II construction valued at US$6 million.
Key figures
- Phase i value
- $4 million
- Phase ii value
- $6 million
- Aggregate project revenue
- $10 million
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