Phyto-Source LP Completes Nutraceutical Expansion Project in Pasadena Texas

---

Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas) Phyto-Source LP (Pasadena, Texas) has completed the expansion of its plant in Pasadena, Texas. The company, a joint venture between Forbes Medi-Tech (NYSE:FMTI ) (Vancouver, British Columbia) and Chusei USA (Pasadena, Texas), increased production capacity of phytosterols by 50 percent to 1,500 metric tons per year.

Phytosterols are used to lower cholesterol. The company's two sterol-based products are Reducol and Phyto-S Sterols. Production at Phyto-Source was increased to meet the terms of a 3-year, $24.4 million sales agreement signed by Forbes Medi-Tech scheduled to begin in January 2005. The company is also preparing for a European launch of its products in the coming months.

As reported by Industrialinfo.com, the Phyto-Source plant in Pasadena was built in 2001 with an initial production capacity of 1,000 metric tons per year. Additional expansions at the site will be made as market demand increases.

View Plant Profile - 1053601
View Project Report - 01008283 01009582

Industrialinfo.com is the leading provider of global industrial market research. We specialize in helping companies develop information solutions to maximize their sales and marketing efforts.