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Indian Wood Products commences trail of commercial production of Premium Katha

11 Jul 2019 Evaluate

The Indian Wood Products Company (IWP) has commenced the trail of commercial production of Premium Katha at IWP's Jammu & Kashmir Plant from July 11, 2019.

The availability of better quality of khair timber in J&K will enable company to produce higher quality of Katha and increase market share in the Premium Katha segment.  Surplus Katha Liquor produced in J&K will be utilized in production at Baroda & Kundli units to improve the quality of Katha and also result in higher utilization of production capacity.

As per the License to Establish and Operate issued by the Conservator of Forest, East Circle, Jammu, IWP was required to commence the operation of plant within one year. IWP has fulfilled the license commitment within the deadline. The License is valid up to September 6, 2020. 

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

Peers
Company Name CMP
ITC 267.45
Godfrey Phillips Ind 1973.80
VST Industries 205.50
Indian Wood Products 34.19
NTC Industries 141.65
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