The capital increase was made effective 24 December, 2012.
RiceBran Technologies CEO and president John Short, said: “This capital increase will allow us to complete the capacity expansion currently underway at Irgovel during the second quarter of 2013.
“Once the upgrades are installed at Irgovel, the resulting introduction of our best-in-market rice bran stabilisation technology will allow for improvements in raw rice bran quality as well as create the platform for future sales of SRB as a human food ingredient in the Brazilian market.”
Source: RiceBran Technologies
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