Adv Bio-Extracts

completed

Advanced Bio-Extracts Limited (ABE or the company) is the pioneer and leading producer of pure artemisinin in East Africa. The company sources Artemisia annua leaves from three wholly-owned subsidiaries in Kenya, Uganda and Tanzania, is currently operating a satellite extraction plant in Kabale, Uganda and is setting up a plant in Kenya to extract and purify artemisinin from these. It is undertaking an investment program comprised of: - setting up of manufacturing capacity to extract crude artemisinin initially from 6,000 tons per annum (tpa) of Artemisia annua leaves (the leaf or artemisia), purification of 50 tpa of pure artemisinin and derivatization capacity at Athi River Export Processing Zone, Kenya; - upgrading of satellite processing facility to extract crude artemisinin from 600 tpa of artemisia in Kabale, Uganda; and- establishing raw material production equipment in Kenya, Uganda and Tanzania during the next 18 months.