Adani Wilmar Ltd (AWL) will launch the country's largest single location edible refinery at Mundra in the gulf of Kutch. |
The complex has a refining capacity of 22,000 tonne per day and a hydrogenation capacity of 350 tonne per day, making it the largest of its kind in the country. |
The complex will be inaugurated on February 1 in the presence of Adani group chairman Gautam Adani, Union minister of agriculture, consumer affairs, food and public distribution Sharad Pawar and state chief minister Narendra Modi. |
AWL has procured the refining technology from Belgium, Sweden and Singapore, and a company statement said that products will meet the US Food and Drug Authority standards. |
The new unit also has a coal-based captive power plant of four mw. |
The company has also set up an integrated packaging plant at Mundra and the in house packaging facilities include blow-moulding for manufacturing of PET, HDPE jars and tins. |
AWL has also set up a fully automated corrugated box manufacturing facility at Mundra to unsure quality deliveries. AWL is a joint venture between Adani Exports Ltd, a company of the Adani group and the $3 billion USD Wilmar Trading Pte of Singapore. |
The company was set up in January 1999. The AWL range of products, sold under the Fortune brand name, include refined soyabean oil, refined sunflower oil, `Kachi Ghani' mustard oil, refined cottonseed oil, refined groundnut oil and soya palm blended oil. |
Other products under the Raag brand include refined palmolein blended oil and Vanaspati. The company also sells Jubilee palmolein oil and bakery shortening under the brand name Jubileechef. |
AWL has a turnover in excess of Rs 2,000 crore and its Fortune brand is the largest selling refined oil brand in the country, commanding 22 per cent share. |
It was also ranked the 30th largest FMCG brand in the country in 2003 and AWL has been ranked by A C Nielson as the fastest growing FMCG company for 2003 with a growth of 94 per cent over the previous year. |