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Edible Oils

Adani Wilmar and N K Industries to set up castor processing plant

Project Location : Gujarat, Gujarat

Adani Wilmar and N K Industries have signed a joint venture agreement to set up a castor processing plant I Gujarat. A new company called "AWN Agro Ltd" will set up infrastructure to process 3000 tonnes of castor per day. It will produce second generation castor derivatives to compete with international products. Currently, India produces 1 million tonnes of castor seeds and garners 70% market share in global castor oil trade.

Natural Bio Energy to set up 300 tpd unit in Vakalapudi

Naturol Bio Energy is setting up an edible oil processing unit in Vakalapudi in Kakinada of Andhra Pradesh. The plant will have a capacity of 300 tpd and will come up with an investment of Rs. 800 million. The unit will process edible oils along with fatty alcohols, bio-diesel and glycerine

Mawana Sugars forays into edible oil segment

Mawana Sugars, a leading sugar producer now forays into edible oil segment. The company plans to launch branded edible oil which is likely to be corn or maize based. It aims to capture 3-5% within a year and to introduce the product in northern and western markets before moving to tier II & III cities. The entailed investment for this programme will be Rs. 20 million.

Ramanasree Consumer Products launches sunflower oil brand ‘Vashi’

Ramanasree Consumer Products Ltd (RCPL) a sister company of Ramanashree Logistics is planning to invest Rs.1000 million to venture into FMCG products. It is launching sunflower oil under the brand’Vashi’ and it will be available in southern states of Karnataka, Kerala and Tamil Nadu. It will be made available in 1 litre pouch and a 5 litre PET bottle. The brand is promoted with the USP –enriched with vitamins A, D and E, apart from dimethyl polysiloxane (which will help less absorption). It will also be cheapr than other branded products. After establishing the brand, the company may move to other consumer products like iodized salt, atta, coconut oil etc.,

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