| Corporate Updates |
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| Anil Products strengthens R&D in textiles |
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The
Ahmedabad-based industrial starch manufacturing company, Anil Products Ltd
(APL), plans to expand its market share in the textile industry. To improve
the weaving efficiencies on high speed shuttles looms through the sizing
operations, APL has developed a range of Modified Starches through extensive
research at their Government-approved R&D Dept. APL has also
collaborated with IIT Delhi to evaluate their developed range of Modified
Starches.
Says Mr Amol Sheth, Managing Director, Anil Products Limited: "With the
textiles industry growing at 16% - 18% per annum and increasing trend of
shuttle less looms being installed, we see a bright future for our Modified
Starches. This would bring about improvements in weaving efficiencies by
2%-10% depending upon nature of operation and reduce the sizing costs by
5%-20%, and in turn will also help produce better quality fabric."
APL has a range of modified starches under the Brand "Sizanil",
"Anilose", "Texanil", "Anilosize" to suit
various sizing needs depending upon the operations. These modified Starches
help reduce, the use levels of synthetic binders like PVA, Polyacrylates and
Polyester resins. Approx 20% per cent of APL's starch production goes to the
textile sector. In the light of the induction of the modern sizing and
weaving machinery, the company expects to grow the Modified Starch business
in textile industry volume by approx 25%-27% Y-O-Y for next 5 years.
Anil Products Limited, the erstwhile The Anil Starch Products Limited (ASPL),
was established in 939 by Late Chinubhai Sheth. Anil is one of the oldest
and largest Corn Wet Milling (CWM) Units in the country producing the entire
range of starches from basic Maize Starch to Modified and Speciality
Starches and related downstream products like Dextrose Monohydrate,
Anhydrous Dextrose, Corn Syrup, Sorbitol.
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| published August , 2007 |
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