RSCL HAS SWEET TAKEOVER TOOTH, EYES 10,000 TCD CAPACITY

Article Abstract:

Rajshree Sugars and Chemicals Ltd (RSCL) plans to increase its crushing capacity to 10,000 tonnes crushed per day (tcd). It has also decided to increase its capacity through acquisitions. It plans to take over sick sugar mills and set up greenfield projects. It has acquired the licence of the 2,500 tcd Chincholi Sugar Mills and made it into a subsidiary. The Chincholi project, with an investment of Rs65 crore, is expected to commence operations by September-October 1999. RSCL is also looking out for a joint venture partner for its 2,500 tcd sugar mill in Vietnam. (khr)

Comment:

Plans to increase its crushing capacity to 10,000 tonnes crushed per day through acquisitions

Expanded capacity, plant expansion, Article, Rajshree Sugars and Chemicals Ltd

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RSCL MULLS RETAILING BRANDED SUGAR

Article Abstract:

Rajshree Sugars and Chemicals Ltd (RSCL) of Coimbatore is considering an entry into the field of branded sugar. The company feels branding could create a niche for marketing of a controlled item like sugar which is subject to wide fluctuations in prices. Brand names are in demand, especially in metros, where there is an awareness that branding implies quality and hygiene. RSCL will probably launch its branded sugar in mid 1999. It is also planning to relocate major departments to the factory site in rural Tamil Nadu to save rentals and for better human resource management. (nr)

Facilities & equipment, Sugar Cane, Sugarcane Farming, Sugarcane, Rajshree Sugars and Chemicals Ltd

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SIEL COMMISSIONS STUDY ON SPLITTING BUSINESSES

Article Abstract:

Siel Ltd has commissioned a study to look into the viability of splitting its sugar, oil and chemicals divisions into three separate businesses. The study will examine whether creating three separate companies could enhance shareholders value. The company feels that its sugar business, with a profitability of Rs15-20 crore now, could fetch a value of Rs120 crore while the oil business could fetch a value nearly equal to the present value of the entire company. (khr)

Strategy & planning, Chemicals & Allied Products, Chemical Manufacturing, Chemicals, SIEL

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