A decade after the establishment of its facility at Karumathampatti on the outskirts of Coimbatore, Arjuna Natural Extracts Limited (ANEL) has not only firmed up its operations, but also seems serious about its ‘go green’ initiative.
The company has tied up with Tata Solar for erecting a 250 kw unit.
P.J. Kunjachan, Chairman and Managing Director of Arjuna Natural Extracts said the unit consumed solar power for manufacturing purposes. ‘We put up a small (14 kw) solar unit two years back. As we scaled up our operations, we decided to go for a bigger unit,’ he said, referring to the 250 kw plant.
The company has invested around Rs 2.5 crore on this solar plant.
“Our first unit was established at Kochi in Kerala in 1989. Today, this is the R&D hub for Arjuna Natural Extracts. We have since established two more facilities outside our home state Kerala, at Sathyamangalam near Erode and Karumathampatti near Coimbatore in Tamil Nadu. We have over 300 persons on our rolls at present (all units put together),” Mr Kunjachan added.
The company is into identification and separation of plant-based compounds and Omega 3 fatty acids from marine and vegetable sources. It has 11 international patents to its credit, and is a leading manufacturer of amla, pomegranate, thulasi and turmeric extract.
Currently, ANEL is focusing on 32 products including four natural anti-diabetic products, said Mr Kunjachan.
The company exports more than 60 percent of its extracts to the US, UK and Far East. “The journey till date has been a roller coaster ride with ups and downs in its way. The future looks good though,” he said.
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