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Indian Wood Products commences commercial production of catechins

18 Apr 2018 Evaluate

The Indian Wood Products Company has commenced commercial production of catechins from gambier through solvent extraction at PT Sumatra Resources lnternational, at Pangklan, West Sumatra lndonesia, a unit owned by company’s joint venture company namely Agro and Spice, Singapore.

The commercial production has commenced from April 18, 2018 after extensive trail runs undertaken during the previous months. 100% production from this plant will be imported and consumed by company for manufacturing of better quality Katha. Considering the innovative technology and the process being used for the first time ever in the industry, it is expected to benefit the company by cost reduction and improved quality of Katha.

The Indian Wood Products Company is engaged in the manufacture of Katha, cutch, and catechins in India.

Peers
Company Name CMP
ITC 267.35
Godfrey Phillips Ind 1974.95
VST Industries 205.35
Indian Wood Products 35.98
NTC Industries 141.65
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