Indian Extractions is a leading manufacturer and exporter of groundnut de-oiled cakes from India and was incorporated on February 06, 1956 as a private limited company. It became a public limited company with effect from 1988. The company was promoted by S. B. Jhaveri of the Nanavati group, which has business interests in the manufacturing of dyes and pigment intermediates, trading and merchant export of various chemicals. Phthalo Colours & Chemicals (I) and Nanavati Speciality Chemicals are other group companies.
Business areas of the company:
The company processes groundnut, soya and rapeseed oil cakes and derives de-oiled cakes and refined edible oils. The extraction unit is located in the Jamnagar district of Gujarat with an installed solvent extraction capacity of 100,000 MTPA. In FY07, It completed its modernization program of upgrading the plant to meet present and future business requirements.
In India, the company sells its refined solvent extracted groundnut oil under the brand name Diamond. It is a registered export house and de-oiled cakes are exported to various multinational trading companies.
• 1956 The company was incorporated as a private limited company on 6th February.
• 1996 The company undertook an expansion programme at Vapichemical division to increase the production capacity from 360 TPA to 540 TPA.
• 1998 The company undertook a modernisation cum expansion of capacityat its chemical plant.
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