Baroda plant to be commissioned by June 2023, Mahad plant by H1 2023, and Bareilly plant by October 2022
Oriental Aromatics Limited, one of the largest Indian manufacturers of a variety of aroma chemicals, camphor, fragrances and flavours, is planning commissioning of three plants - Two greenfields and one brownfield between October 2022 to June 2023.
Speaking about the commissioning of plants, Parag Satoskar, Chief Executive officer, Oriental Aromatics Limited said, "If we look at our Baroda side, the greenfield projects or the multiproduct hydrogenation facility project, we feel that it should be kind of completed, commissioned and validated by the end of H1 2023. So, we are looking the June 2023 commissioning, validating of all these products and the impact of this extra production on sales would probably be seen on the spot procurement side in H2 2023 calendars and on the RFQ side more on the H1 2024 calendar, this is about the Baroda site."
"On the Mahad site, we all knew that there were delays in terms of the environmental clearance. However, we have received that and we have quickly now moved ahead in the areas like plot development, etc. and those are absolutely taken on war footing. But unfortunately, because of the rain, the basic layouting of the plot might probably have to wait for a month or so, but we are not wasting our time there. We are kind of trying to do our process reengineering, etc. completely installed. So, when we have developed the plot we will be in a position to kind of quickly start our construction of the plants and the utility plant. So again there we are looking at a timeline of H1, end of H1 calendar 2023 for commissioning our first plant and moving forward," commented Satoskar.
"On the Bareilly side where we are doing the brownfield project. Like I said, last quarter we completed the propanol expansion. We are also doing some small expansions in the other product mix on the terpene chemicals, which probably should be done before the end of October 2022. And we should start getting those numbers added to our top line in the 2023 calendar," added Satoskar.
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