Adani Wilmer to launch rice barn oil by July

AHMEDABAD: Ahmedabad-headquartered Adani Wilmar Ltd (AWL) will launch rice barn oil by mid-2012. The company is undertaking capacity expansion at its Krishnapatnam plan in Andhra Pradesh to introduce rice barn in the Indian market.

AWL COO Angshu Mallick told ET on Tuesday that the company is expanding its capacities to 800 tonnes per day from current 600 tonnes per day at the AP plant.

AWL’s total capacities acorss its 18 manufacturing plants stands at 2.5 million tonnes per annum. It sold 1.3 lakh tonnes per month in the domestic market last fiscal, he said.

Soyabean oil contributes 50% to AWL’s basket in terms of value while palm oil, sunflower oil and mustard oil contribute the rest.

“Rice barn is a sensitive oil and is subject to fast FFA (free fatty acid) formation and hence, needs to be handled well. After the capacity expansion in next two months, we should be able to launch rice barn oil in the Indian market,” he said.