Manorama Industries expands production with new fractionation plant
Manorama Industries Limited (BSE: 541974; NSE: MANORAMA), a leader in the production of Cocoa Butter Equivalents (CBE) and specialty fats, has announced the commencement of a new state-of-the-art fractionation plant. This facility, with a capacity of 25,000 tonnes per annum (TPA), elevates the company’s total fractionation capabilities to 40,000 TPA.
The new plant represents a strategic expansion designed to significantly enhance Manorama Industries’ market position by increasing its production capacity and efficiency. The addition is expected to substantially boost the company’s revenue and profitability in the foreseeable future.
Mr. Ashish Saraf, President of Manorama Industries, expressed enthusiasm about the new facility, stating, “It gives me immense pleasure to share that we have initiated the commissioning process of our new solvent fractionation capacity of 25,000 TPA. This boost in capacity is expected to unlock growth in the Company’s top-line and bottom-line in the coming years.”
Manorama Industries expands production with new fractionation plant
Amidst global inflationary trends, the expansion underscores Manorama Industries’ commitment to meeting the increasing demand for sustainable and high-quality specialty fats and butters. The added capacity reinforces the company’s stance as a global leader in the CBE and specialty fats and butters industry.
Founded in 2005, Manorama Industries has established itself as a global pioneer in the manufacturing of specialty fats and butters, including unique products like Sal CBE & Stearin, Shea CBE & Stearin, and Mango CBE & Stearin. The company provides customized solutions primarily to Fortune 500 clients in the chocolate, confectionery, and cosmetic industries.
MIL’s commitment to innovation is highlighted by its MILCOA Research & Development Centre, which boasts several global certifications. Over the years, Manorama Industries has received over 50 international and national awards for its innovative business model and significant contributions to community empowerment and nation-building. Additionally, the company is dedicated to various Environmental, Social, and Governance (ESG) sustainability practices, driving long-term growth and creating value for its stakeholders.