Camlin Fine to set up new unit in Gujarat, invest Rs. 180 crore.

Food antioxidant and ingredient manufacturer Camlin Fine Sciences Ltd. has decided to set up a new facility to produce hydroquinone and vanillin in Gujarat with an investment of Rs. 180 crore.

'The company has acquired a land at Dahej SEZ in Gujarat for setting up a plant for manufacturing catechol, hydroquinone and vanillin for Rs. 180 crore,' Camlin Fine Sciences managing director Ashish Dandekar was quoted as saying in a statement here.

'We have already appointed the project management consultant of international repute and the project is expected to be commissioned sometime during the later of part of financial year 2017-18 and the full-scale manufacturing operations are expected to start from FY 2018-19,' he added.

The facility will have capacity to manufacture 9,000 tonnes per annum of hydroquinone and 6,000 tonnes per annum of vanillin.

While hydroquinone is the key ingredient in skin whitening products, vanillin (an artificial version of pure vanilla extract) is used as artificial flavouring agent in food industry.

ET