EcoSynthetix Inc. announced plans to modify its manufacturing footprint with improvements to both its North American and European asset bases. EcoSynthetix will internalize its North American manufacturing capacity at its Centre of Innovation and corporate headquarters in Burlington, Ontario in 2023 and install its first, in-house manufacturing asset with an annualized name-plate capacity of up to 30 million pounds. This investment will improve the Company's ability to launch new products and reduce manufacturing costs.

In Europe, EcoSynthetix is also investing to upgrade its manufacturing infrastructure to enable flexibility in supply chain options and reduce manufacturing costs, at its toll manufacturing partner's facility in Oosterhout, The Netherlands. This facility has a dedicated production line owned by EcoSynthetix with name-plate capacity of up to 80 million pounds. The Company also has access to an additional variable production line at this facility with name-plate capacity of up to 40 million pounds which is currently used for production of specialty grades.