Premji Invest-owned Best Value Chem Pvt Ltd (BVC), a fragrance, flavor and personal care chemical manufacturing company, on Tuesday unveiled a Rs 550 crore ($60 million) fully automated plant at Dahej, about 80 kilometers from Baroda in Gujarat.
This is BVC’s third manufacturing facility and marks a significant step in the company’s strategic growth plans. The plant is expected to double the production capacity in the first phase with the flexibility to expand further subsequently. Covering 30 acres and employing 300 people, the company said that the facility will operate at an initial capacity of 10,000 metric tonnes per annum. The new facility is equipped with advanced capabilities such as hydrogenation, Grignard reactions, oxidation, distillation, and esterification. The manufacturing unit has a state-of-the-art quality control facility, effluent treatment plant, wastewater recycling facility and an automated robotic warehouse.
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Shaju CO, Chief Executive Officer, Best Value Chem Pvt Ltd, said, “We expect the new facility to be a significant catalyst for growth, enabling us to expand our market reach, serve our customers with unparalleled efficiency, and further solidify our position as a leader in our industry.”
Manoj Jaiswal, Partner – Industrials & Buyouts, Premji Invest, said, “We are pleased to inaugurate this world-class manufacturing facility, a significant step to foster growth led by innovation and sustainability. This investment underscores our commitment to generating long-term value for our stakeholders and positions BVC as a leader in the global supply chain.”
BVC manufactures over 50 products for flavors, fragrances and personal care ingredients industries and has over 300 clients globally across 30 countries.
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