Between October 2022 and June 2023, Oriental Aromatics Limited, one of India’s largest makers of aroma compounds, camphor, fragrances, and flavours, will activate three plants: two greenfield and one brownfield.
Parag Satoskar, Chief Executive officer, Oriental Aromatics Limited says, “If we look at our Baroda side, the greenfield projects or the multi-product 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 at 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”.
Satoskar further commented, “On the Mahad site, we all knew that there were delays in terms of the environmental clearance. However, we have understood 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.”
He added: “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”.
