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| Exchange Disseminated Time | Vidhi Dyestuffs Manufacturing Ltd has informed BSE regarding "Commencement of the Company's New Manufacturing"
Press Release :
"Vidhi Dyestuffs Mfg. Ltd., a Government Of India Recognized 2 Star Export House hereby announces the commencing of commercial production of the 1st phase of its 2nd Synthetic Food Colour manufacturing facility located at Plot No. 68, M.I.D.C., Dhatav, Roha, Maharashtra - 402 116, India.
The necessary permissions to commence operations from local authorities like the M.P.C.B., Environmental Ministry, M.I.D.C. etc have all been obtained.
This represents a key milestone in the company’s expansion program wherein the aim is to become the 2n1( largest manufacturer of Synthetic Food Colours in Asia in the near future.
The expansion program was divided into 2 phases to accelerate progress of the 1st phase whereby providing the much needed increase in production capacity swiftly. The 1st phase will add an annualized production capacity of 960 M. Tons to its already existing production capacity of 1140 M. Tons, hence increasing its total annual production capacity to 2100 M. Tons. Simultaneously work on completing the phase of the company’s present expansion program is in full swing and the required equipments like reaction vessels, filtration systems, grinding equipments, blending equipments, packaging lines etc. have all been ordered. Currently, building platforms to mount all this incoming machinery is in progress at the company site.
The 2ns phase is expected to commence production by the 2nd half of November 2011. This 2nd phase will add an annualized production capacity of 1260 M. Tons to the total capacity of 2100 M. Tons amounting to 3360 M. Tons whereby making VDML the 2nd largest Synthetic Food Colour manufacturing company in Asia.
The completion of the phase will give a boost in production which is required to cater to the core requirements of the company’s customers. It will pave the way for the company’s management to then focus on the plans of widening the existing range of products by introducing some high end specialty colours and also enhancing production capacity of its existing range of value added products for which the necessary plans and paperwork has already been chalked out. Execution of these plans is expected to start by 2012 beginning.
VDML has spared no efforts in setting up an ultra modern and state of the art manufacturing facility with a completely automated manufacturing process by installing automated product handling systems, energy efficient drying system, high tech grinding system and fully automated packing system whereby the human contact to the product is elimiminated." (For more details kindly refer Corporate Announcements on www.bseindia.com). |
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