POS Bio-sciences has rebranded as KeyLeaf, shifting from a predominantly contract-manufacturing business, to offer plant-based finished products. Hemp-derived extracts will be among its newest offerings.
POS Bio-Sciences/Batavia BioProcessing (Saskatoon, SK, Canada) has rebranded as KeyLeaf, shifting focus from a predominantly contract service-based business to finished product manufacturing, bringing to market its plant-based extracts and ingredients under the KeyLeaf brand.
“Pivoting away from applied contract research and development work to producing finished plant-based ingredients, of all types, under our new name, reflects a strategic move toward commercializing a pipeline of plant-derived products under our own brand,” said Dale Kely, president and CEO of KeyLeaf, in a press release. “The new business model is also anticipated to take advantage of burgeoning market opportunities and produce consistent growth.”
In addition to plant-based proteins, starches, and lipids, KeyLeaf will also be entering the hemp category with proprietary extracts of cannabinoids, and terpenes. “In the 1970s, POS Pilot Plant Corporation took canola from the fields as its first project, and virtually created the entire North America canola oil industry. We then did the same with soybeans. We're currently doing it again with legumes and hemp,” said Kelly. “No other company in the world has comparable innovative technology and expertise to take raw materials from the farm and convert into top-grade plant-based functional ingredients on any scale required.”