Manorama Industries Limited (BSE: 541974; NSE: MANORAMA), a global leader in the production of Cocoa Butter Equivalent (CBE), exotic specialty fats, and butters, has initiated commercial production at its newly commissioned state-of-the-art fractionation plant. This facility boasts a capacity of 25,000 tonnes per annum (TPA), significantly bolstering the company’s total fractionation input capacity to 40,000 TPA.
The expanded fractionation capability enhances Manorama Industries’ global position in the manufacturing of Cocoa Butter Equivalent (CBE), exotic specialty fats, and butters. It is expected to substantially boost the company’s revenue and profitability in the upcoming years.
Mr. Ashish Saraf, President of Manorama Industries, expressed his satisfaction with the successful launch of the new facility, stating, “We are pleased to announce the commencement of commercial operations at our new fractionation plant, which has an annual production capacity of 25,000 tonnes. This expansion has effectively increased our total fractionation input capacity to 40,000 TPA as planned.”
He further remarked, “With this capacity enhancement, we anticipate our revenues to potentially reach approximately INR 675 – INR 700 Crore for FY25, assuming favorable market conditions. Manorama Industries remains steadfast in its commitment to meeting the rising demand for sustainable Cocoa Butter Equivalent (CBE), specialty fats, and butters, despite challenging inflationary conditions in the industry. We continue to be the preferred partner for supplying exotic fats and butters to both our existing and new customers worldwide.”