Mazza announces expansion of extraction capabilities
13 Sep 2017 --- Canadian manufacturer Mazza Innovation Ltd. has announced that it is introducing toll-drying services for its customers’ extracts, and more than doubling its extraction capabilities through the construction of a second extractor processing unit. The news comes as the company announces that it has raised Can$2.8 million (US$2.3 million) from existing and new shareholders to fund an expansion of operations at its Delta, BC, Canada PhytoClean extraction facility.
Meeting rising demand
“Mazza’s expertise in extraction and specialized drying, as well as handling of those ingredients, is increasingly being recognized by the marketplace, so it’s useful for us to offer this service to customers who have their own liquid ingredients that need to be dried and prepared for market,” explains Mazza Innovation CEO Benjamin Lightburn of the toll-drying services.
“Having a second extractor processing unit more than doubles our production capability, enabling us to meet rising demand for both extracted ingredients and customer research,” Lightburn continues. “Combined with the toll-drying service, we’re now able to fulfill larger orders and meet specialized customer needs.”
Mazza has announced that it is working with a number of leading companies, among them Naturex, which has exclusively contracted Mazza’s award-winning cranberry extract production, and Chromadex, which is partnering in the expanded use of the PhytoClean Method.
In addition, working with supplement leader Life Extension, Mazza recently released the first-ever retail product made using its proprietary solvent-free PhytoClean Method. Mazza has announced that Life Extension’s Mediterranean Whole Food Blend is now available and carries the PhytoClean seal on the label to confirm that a broad spectrum of natural bioactives have been extracted using the company’s solvent-free pressurized-water PhytoClean extraction technology.
Financing expansion
Mazza has announced that its financing round for its expansion of operations was comprised of several institutional and individual investors, including Natural Products Canada (NPC), a not-for-profit corporation that streamlines commercialization of natural products. “Mazza has a proven technology, high-growth potential in an expanding market, and a service that can benefit the whole natural products industry,” says Shelley King, Chief Executive Officer of Natural Products Canada.
“Demand for Mazza’s botanical ingredients has been growing at a rapid pace since our opening last year, and experienced senior executives are now required to help us manage that growth,” comments Lightburn.
“Enabled by Can$2.8 million in new financing from investment partners such as NPC, we’re pleased to welcome Chris Tower, Andry Tjahyana and Jim Pratt to our management team,” Lightburn continues. “This financing will also fund a number of accompanying expansion programs in service, sales and marketing, and extraction capability. These changes will enable us to meet rising customer demand from around the world.”
