New Launch5 May 2025, 10:00 am
Kesar Petroproducts Starts Commercial Production at New Fertiliser Unit, Projected to Boost Revenue by 20%
AI Summary
Kesar Petroproducts Ltd has started commercial production at its new fertiliser plant in Ratnagiri, Maharashtra. The new plant, with an annual capacity of 6,000 tons, will manufacture high-end fertilisers, significantly boosting the company’s topline. The by-product of the pigment plant will be used to manufacture fertilisers at the new facility, which will also enhance the pigment capacity in the existing plant. The company expects this foray into the fertiliser industry to significantly boost revenues in the coming months, projecting a year-on-year growth of approximately 20%.
Key Highlights
- Kesar Petroproducts starts commercial production at its new fertiliser unit in Ratnagiri.
- The new plant has an annual capacity of 6,000 tons and will manufacture high-end fertilisers.
- By-product of the pigment plant will be used to manufacture fertilisers, enhancing pigment capacity in the existing plant.
- The company expects this new unit to generate around 20 per cent additional revenue per annum in the coming years.
- Kesar Petroproducts is a leading manufacturer of Phthalocyanine Blue Crude and its downstream products in the country.