Arken International proposes a 4-Hydroxyacetophenone and 2-Hydroxyacetophenone Food Preservatives manufacturing unit in Telangana.
Promoter: Arken International
Location : Telangana
Arken International proposes a 600 TPA 4-Hydroxyacetophenone and 2-Hydroxyacetophenone manufacturing unit at Village Shakaram, dist. Medak, Telangana. The estimated cost of the project is Rs. 55 million. The current status of the project could not be ascertained. According to MoEF sources, Mr. Bojja Yanadi is the consultant. The products, 4-Hydroxyacetophenone and 2-Hydroxyacetophenone are beverages & food preservatives that are used in pharmaceutical formulations, agricultural products, cosmetics, animal health care products, personal health care products, soaps & detergents. The land area is around 5 acres. The estimated cost of the project is Rs. 55 million; Rs. 19 million will be funded through equity & Rs. 36 million through term loan. Effluent Treatment Plant is proposed. The unit will also set up laboratory for testing the raw materials. The project is proposed to be constructed and commissioned in a period of 9 months.