VVF, a major producer of oleochemicals and manufacturer of personal care products, plans to invest a total of Rs 200 crore in setting up new facilities at Baddi in Himachal Pradesh and expand its existing facility in Dubai. The company has manufacturing facilities at Mumbai, Daman, Navsari, Kutch and one in Dubai. Last year, the company had set up a 75,000-tonnes plant at Taloja in Maharashtra at an investment of Rs 150 crore.
The companys list of well-known clientele for its oleochemicals business include Clariant (Switzerland), BASF (Germany) and Huntsman (US). It also manufactures personal care products on contract basis for leading national and multinational brands such as Johnson & Johnson (baby soap, baby talc and baby oil), Dabur (Vatika), Amway (Persona), Henkel (Fa), Reckitt Benckiser (Dettol), Beirsdorf (Nivea), Pfizer (Neko), JK Helene Curtis (Park Avenue) and also for the hospitality industry.
Apart from this, the company is also planning to expand the reach of its own soap brands of Doy Care Aloe Vera, Doy Care Crème, Doy Princess, Jo and Shiff. It is also set to expand its brand and product portfolio with a few more launches in the near future. The company plans to enter the liquid toilet soap market.
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| Posted : 8/17/2006 |
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