AgriSil Holdings Ltd. ("AgriSil") is a joint venture of AgriTec Inc., a subsidiary of AgriTec Systems Inc. and Lanka ORIX Project Development Ltd. ("LOPD"). The company will produce precipitated silica, silica gels, activated carbon and other related products through the exploitation of AgriTec's technology and patents throughout the major rice growing countries of Southeast Asia and the Pacific-Rim. The two companies each hold a 50% stake and AgriSil Holdings is a BOI approved company with their regional operating head quarters in Sri Lanka for International Operations.

AgriSil, in co-operation with reputed Thai Companies has Proposed to Develop, Initially Six Precipitated Silica Manufacturing Plants in North East and Central Provinces of Thailand in stages using Rice Husk Ash ( RHA ). These projects include the design, construction and operations of integrated plants which utilize the rice-husk ash (RHA) generated by the electric plants and process it to liquid sodium silicate, precipitated silica, silica gel and activated carbon in various quantities utilizing AgriTec's technology. While biomass-fuelled plants and traditional precipitated silica plants operate around the world, this will be the first integrated plant to take advantage of AgriTec's technology.

AgriTec will grant the appropriate licenses for the use of the technology and patents, providing technical services for assisting contractors in commissioning plants and bringing them up to production stage, providing assistance in sourcing markets within the Territory, assisting contractors in sourcing machinery and equipment capable of manufacturing the products and providing assistance to contractors in the requisite technical training for plant operating personnel.

LOPD will assist in raising funding for the plants, obtaining relevant local approval and licenses for the plants, identifying suitable land for locations of the plants, providing integrated management services, assisting in sourcing markets and sales of the products and, where necessary, providing other incidental services from time to time.