One of the leading sugar manufacturer, Shree Renuka Sugars will expand its existing sugar refining capacity of its Athani unit located at Karnataka. The company plans to increase from its present capacity of 1,000 tonne per day (tpd) to 2,000 tpd.
The company plans to set up sugar refining capacity of 1000 tpd at its Havalga unit also in Karnataka which is anticipated to be commissioned by December, 2009.
With the commissioning of the above refineries, the company plans to increase its sugar refining capacity to 6,000 tpd, which includes the 2,000 tpd port-based sugar refinery at Haldia, West Bengal and 4,000 tpd refining capacity at three of its integrated sugar mills in Karnataka.
Earlier the company increased its equity stake from 54% to 80.28% KBK Chem-Engineering, located at Pune.