INDIA: Anil Biochem to launch 40 new enzymes

Anil Biochem Limited (ABL) is a manufacturer of enzymes used in the textile industry. Alfa Amylase, Protease enzymes complete the range of products that ABL manufactures.

Alfa Amylase enzymes are used in textile for de-sizing and Protease enzymes are used in de-hairing and softening of leather.

According to a report, domestic enzyme demand is poised to grow at an overall rate of 6.9 percent each year through 2010. Based on the research there are predictions on existing and anticipated gains in several key markets, including starch processing.

Although food and beverage manufacturers use the largest share of enzymes on a worldwide basis, enzymes are also key ingredients in textile, ethanol and pharmaceutical industries.

ABL has changed it’s focus from powder enzymes to liquid enzymes as demand for liquid enzymes is rising. Anil Biochem has chalked-out an expansion-plan with estimated investment of Rs 200 million.

ABL will launch 40 new enzymes for the textile industry with a target of acquiring 20 percent domestic market share from its current 3 percent in the next 2 years. Enzymes are used as de-sizing agents in the textile industry which strengthens the yarn.

ABL has a new production facility for liquid enzymes having production capacity of 800 MT per month which will be increased to 2000 MT per month.

ABL is also looking forward towards expansion in Far-East and Middle-East countries by end of the current fiscal.

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