CMPC in Chile, after a period of evaluation, has informed OptiCept that they intend to implement the OptiBoost technology in commercial production. OptiCept Technologies has therefore started contract negotiations with CMPC for a commercial agreement for OptiBoost for cuttings. In the autumn of 2022, OptiCept entered into an agreement with CMPC in Chile and started a pilot project regarding OptiBoost for the treatment of Eucalyptus cuttings with the ambition to develop their cutting production using the OptiBoost technology.

After the evaluation now is completed with good results, CMPC has declared its intention to enter into a commercial ongoing contract for the treatment of cuttings. Discussions are held that initially high-yielding cuttings, which generally have a lower survival rate, should be treated. Contract discussions are now being initiated.