Untitled Document

Relief package for sugar mills to take effect from February 22.

Supreme Court refers sugarcane SAP issue to bigger bench.

Exporters resume taking forward cover.

Now, sugar industry caught in production estimates glut.

Sugar production down by 900,000 tonne in the first quarter of 2007-08 season.

Uttar Pradesh Government to privatize sugar mills belonging to the Sugar federation and sugar corporation by the next crushing season.

Sugarcane – Low demand against steady supplies is likely to lower Prices.

Milestones
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1990
Acquired a 2500 TCD sugar mill at Kashipur.
 
1991
Established distillery and chemical unit with 7600 TPA capacity.
1993
Increased capacity of Dhampur unit to 5000 TCD; commissioned Rauzagaon unit (2500 TCD).
1994
Commissioned cogeneration plant at Rauzagaon; commissioned Asmoli unit (2500 TCD).
1996
Increased capacity of Dhampur and Rauzagaon units to 10000 TCD and 4000 TCD respectively.
1997
Increased capacity of the chemical unit to 16500 TPA; acquired Mansurpur Sugar Mills.
1998
Increased capacity of Dhampur unit to 11000 TCD; commissioned oxalic acid plant (3000 TPA).
1999
• Enhanced capacity of Rauzagaon and Asmoli units to 5000 TCD each.
• Enhanced capacity of Kashipur unit to 5000 TCD.
2002
Enhanced capacity of Kashipur unit to 6250 TCD.
2003
• Enhanced capacity of Rauzagaon unit to 8000 TCD.
• Commenced commercial production of ethanol.
• Enhanced capacity of the Mansurpur unit to 6000 TCD with a refinery.
2004
Enhanced capacity of the Asmoli unit to 6000 TCD. Appointment as technical advisor to the government of Jamaica for the efficient management of its five sugar mills.
 
2005
The 8000 TCD Rauzagaon unit sold to BCM Ltd., for Rs.18200 lacs. Increased liquidity would enable debt-equity ratio to be rationalized and aid investment into low cost green-field expansion.

 
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