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Kesar Petroproducts Begins Commercial Production at Ratnagiri Fertilizer Plant, Eyes Revenue Growth

Updated: May 05, 2025 10:07

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Kesar Petroproducts Ltd has officially started commercial production at its new fertilizer plant in Ratnagiri, Maharashtra, marking a significant expansion in its manufacturing capabilities. The facility, with an annual capacity of 6,000 tons, is expected to boost revenue and strengthen the company’s presence in the agrochemical sector. Here's a detailed breakdown:
 
Commercial Production Commences
  • The plant has moved from trial production to full-scale commercial operations.
  • The facility will manufacture high-end fertilizers, utilizing by-products from its pigment plant.
Projected Revenue Growth
  • The new capacity is expected to increase Kesar Petroproducts’ annual revenue, though exact projections remain undisclosed.
  • The company anticipates higher margins and improved profitability from its fertilizer division.
Strategic Expansion & Industry Positioning
  • The plant will enhance pigment production, increasing Copper Phthalocyanine Blue Crude output to 900 tons per month.
  • The expansion aligns with India’s growing demand for agrochemicals and specialty fertilizers.
CEO’s Statement on Growth Plans
  • Dinesh Shankarlal Sharma, MD & CEO, emphasized that the new unit will strengthen Kesar Petroproducts’ industry position.
  • He stated, "We expect this foray into the fertilizer industry to give a significant boost to our topline moving forward."
Future Outlook & Market Impact
  • The company is investing in state-of-the-art manufacturing technology to innovate and meet consumer needs.
  • The expansion is expected to increase production efficiency and market competitiveness.
This strategic move positions Kesar Petroproducts Ltd for long-term growth, reinforcing its commitment to innovation and industry leadership.
 
Sources: Indian Chemical News, Economic Times, ChemDive

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