Manorama Industries Ltd's New Fractionation Plant Commences Commercial Production

Manorama Industries Limited (BSE: 541974; NSE: MANORAMA), a global pioneer in the manufacturing of Cocoa Butter Equivalent (CBE), exotic speciality fats & butters has commenced commercial production from its new state-of-art fractionation plant which has a capacity of 25,000-tonnes per annum (TPA) and takes the Company's total fractionation input capacity 40,000 TPA.

The added fractionation capacity strengthens Manorama Industries global proposition in manufacturing of Cocoa Butter Equivalent (CBE), exotic speciality fats & butters. It enables the company to significantly enhance its top line and profitability for the coming years.

Mr. Ashish Saraf, President of Manorama Industries, expressed his satisfaction with the successful launch of the new facility. He stated, "We are delighted to announce the start of commercial operations at our new fractionation plant, which has an annual production capacity of 25,000 tonnes. This expansion has significantly increased our total fractionation input capacity, reaching 40,000 TPA in line with our planned schedule."

He further added, "With this capacity enhancement, our revenues may significantly all things going good may increase to approximately INR 675 - INR 700 Crore for FY25. Manorama Industries continues to establish itself as a leading and reliable player, committed to meeting the growing demand for sustainable Cocoa Butter Equivalent (CBE), specialty fats, and butters, even in the face of challenging inflationary industry conditions. We remain the preferred partner for supplying exotic fats and butter to our existing and new customers worldwide."

Source : Equity Bulls

Keywords

ManoramaIndustries CommercialProduction FractionationPlant CapacityIncrease