GODAVARI BIOREFINERIES HOLDS A BHOOMI PUJAN FOR ITS PLANT, INAUGURATES RESEARCH LAB AT SAKARWADI

Godavari Biorefineries Ltd (“GBL” or the “Company”), a pioneer in manufacturing ethanol-based chemicals in Bharat and one of the largest producers of ethanol in Bharat (source: Frost & Sullivan Report), held a Bhoomi Poojan ceremony for its Sakarwadi Manufacturing Facility at Sakarwadi in Maharashtra. GBL also inaugurated a research laboratory for bio-chemical research and new product development. The Hon’ble Shri Subhash Desai, Cabinet Minister of Industries, Maharashtra, presided at the Bhoomi Poojan while unveiling the research laboratory to augment its pioneering work in biochemical research.


The Sakarwadi Manufacturing Facility manufactures bio-based chemicals that find use in a number of applications, while the research facility is equipped to undertake advanced bio-chemical research fostering the government’s vision of ‘Atmanirbhar Bharat’ and ‘Make in India.’

Speaking on the occasion, Hon’ble Shri Subash Desai, said: “I congratulate Godavari Biorefineries and Mr. Samir Somaiya on this momentous occasion. I’m confident that the journey of betterment of mankind initiated by his forefathers will get a boost with the new R&D center. The Somaiya group is known for its eco-friendly manufacturing units and its contribution to manufacturing green bio-based chemicals. The advancement in research in bio-chemicals and introductions of new green products will propel the Bharatiya chemical industry to become a global manufacturing hub.”


Speaking on the occasion, Shri Samir Somaiya, chairman and managing director, Godavari Biorefineries, said: “We are delighted that the specialty chemicals facility and our ramped up research laboratory will enable us to expand the bio-chemical industry. Bharat has been increasing its exports of chemical products in recent years, and at Godavari Biorefineries our vision is to make green chemicals that reduce the impact on the environment, focus on bio-diversity and the prudent use of scarce resources. There is a growing demand for sustainable and green chemicals all across the world. Our investments in research and development have been instrumental in our growth and are aimed at creating value as well as optimizing resources and processes.”


Godavari Biorefineries Sakarwadi Manufacturing Facility utilizes ethanol and rectified spirits and can use ethanol and rectified spirits manufactured by them to manufacture specialty chemicals including bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde and paraldehyde and commodity chemical ethyl acetate. The Company is in the process of expanding its plant to expand their capacity for existing products and introduce additional ethanol based chemicals.


We believe that GBL’s new research lab will facilitate development of new products as well as optimizing its manufacturing processes. Godavari Biorefineries has a dedicated team of research scientists who seek to develop new potential marketable products. We believe that the research lab will also aim to improve manufacturing efficiency on existing products and reduce production costs.