Manorama Industries Launches New Fractionation Plant, Triples Capacity

Manorama Industries Ltd announced on July 1, 2024, through a stock exchange filing, the commencement of commercial production at their new state-of-the-art fractionation plant. This facility boasts a substantial capacity of 25,000 tonnes per annum (TPA), effectively increasing the company’s total fractionation input capacity to 40,000 TPA.

This development marks a significant enhancement in Manorama Industries’ capabilities in the manufacturing of Cocoa Butter Equivalent (CBE) and exotic speciality fats and butters. By expanding its fractionation capacity, the company aims to strengthen its global market position and effectively meet growing industry demands.

The added capacity is expected to bolster production output and contribute significantly to the company’s top-line growth and profitability in the foreseeable future. This strategic expansion underscores Manorama Industries’ commitment to innovation and meeting the evolving needs of its customers in the fats and butters segment.

Commenting on this significant development, the President of Manorama Industries, Mr Ashish Saraf, said, “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 also added, “With this capacity enhancement, our revenues may significantly all things going good may increase to approximately ₹675 – ₹700 crore for FY 2025. Manorama Industries continues to establish itself as a leading and reliable player, committed to meeting the growing demand for sustainable Cocoa Butter Equivalent (CBE), speciality 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.”

About Manorama Industries Ltd 

Manorama Industries Ltd (MIL) stands at the forefront globally for producing speciality fats, butters, and exotic products. The company has established a distinct reputation in crafting Sal CBE & Stearin, Shea CBE & Stearin, Mango CBE & Stearin, and various other exotic fats and butters. MIL specialises in providing tailored solutions to Fortune 500 companies within the chocolate, confectionery, and cosmetic industries.

On July 1, 2024, the share price of Manorama Industries Ltd opened at ₹636.00, touching the day’s high at ₹665.40, as of 11:19 AM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.