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New Specialty Biochemical plant inaugurated by Godavari Biorefineries Ltd



2024-09-07 03:54:48 Industry

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A new specialty biochemical plant has been inaugurated at the Sakarwadi manufacturing facility in Maharashtra, India where Godavari Biorefineries Limited intends to produce biobased chemicals to [support the green and net-zero ambitions of its clientele in different markets across the globe.

Godavari Biorefineries Ltd has taken a next step with the intention to support the world's ambition for net-zero strategies by developing a multi-purpose plant which aims to produce bio-based chemicals for coatings & resins, cosmetics, pharmaceuticals and food & fragrances markets.

“At Godavari Biorefineries we make Specialty Chemicals from Renewable Resources using Green Chemistry. We work with farmers to develop sustainable agricultural value chains that serve as a feedstock for our bio-based chemicals.” Samir Somaiya, Chairman of Somaiya Group and Godavari Biorefineries Ltd.

This multi-purpose plant is one of the steps Godavari Biorefineries has taken to support and partner with leading companies to enlarge the amount of biobased chemical blocks in the chemical industry for different markets and products, and intends to produce biochemicals like biobutanol, biobased ethers and esters in this plant. Godavari Biorefineries Ltd has the strategy to further develop and scale-up its capacity in the coming years in volumes and for new biobased chemicals.

"We work in close relation and collaboration with our customers to develop and produce new biobased chemical building blocks in several markets. In co-creation we work from R&D to pilot scale towards the (semi-)commercial scale of new biobased chemicals into several applications and products that can become biobased and green. It is a journey towards net-zero where we are open for new partnerships and new insights, and define pathways to take together". Sangeeta Srivastava, CEO of Godavari Biorefineries Ltd

Godavari Biorefineries Ltd is a flagship company of the diversified Somaiya group with an experience of over eight decades in the sugar industry and over six decades in the bio-based chemicals industry. We work with our farmers in sugarcane and other biomass crops to create value for their communities and our customers' value chains.

Padma Vibhushan Prof. M. M. Sharma, a luminary in the field of chemical engineering, performed the ribbon-cutting ceremony and delivered an inspiring address. He highlighted the critical role of research and development in the chemical industry and complimented Godavari Biorefineries efforts in establishing a plant that represents the future of specialty chemicals manufacturing. He also said that the pace of change needs to be faster.

About Godavari Biorefineries Ltd

Godavari Biorefineries Limited (“Company”) is one of the prominent manufacturers of ethanol based chemicals in India and as at March 31, 2024, the Company has the largest integrated bio-refinery in India in terms of installed capacity. The Company is one of India’s largest producers of ethanol in terms of volume as of March 31, 2024 (source: Frost & Sullivan Report). As on March 31, 2024, the Company was also the largest manufacturer of MPO worldwide in terms of installed capacity, one of only two manufacturers of natural 1,3 butylene glycol and the only company in India to manufacture bio ethyl acetate (source: Frost & Sullivan Report). The Company’s diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol and power. These products find application in a range of industries such as food, beverages, pharmaceuticals, flavours & fragrances, power, fuel, personal care and cosmetics. According to the Frost & Sullivan Report, the Company has the widest portfolio of bio-based products in India.

With a head office in Mumbai, India, subsidiaries in Europe and the US, manufacturing facilities in Maharashtra and Karnataka. R&D facilities in Mumbai, and at our manufacturing facilities.

“At Godavari Biorefineries Limited, we consider ecological restoration and protection, along with prioritizing the well-being of communities as essential ways to give back to our planet and society. We are aware that conducting business inherently involves environmental and social impacts, and we are committed to the green transition by actively supporting renewable and green initiatives and promoting social welfare. We firmly believe that a clean and resource-rich natural environment is vital for the growth of businesses, the economy, and holistic nurturing of communities.

Company :-Adfactors PR

User :- Rohan Prakash

Email :-rohan.prakash@adfactorspr.com






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