date:May 22, 2019
Gelymar, a Chilean producer of carrageenan, has doubled production capacity following a $15 million investment.
With a production capacity at around 10,000 metric tonnes of product, the company is now better suited to drive demand and expansion for renewable carrageenan.
We planned this expansion 24 months ago and invested the total investment amount in our two plants in southern Chile; Puerto Montt and Tierra del Fuego, so as to meet the growing demand of our renewable, new carrageenan line,