If the only resource that are using to run the app is CPU %, not mem %, you may need to check "paging" activity as well. See if the paging occurs and how high it is. Because you said there seems to be no memory leak but the app increasingly consumes CPU as time goes by, it could be from the app/program itself that requires a certain source that cannot be kept permanently in the computer RAM. As a result, it needs to be swapped in and out (paging) and that could increase CPU usage. Just my two cents...
Taywin
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Taywin