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Profile
Established
in 1788, EID Parry became part of the Murugappa Group in 1981.The
company's businesses cover a wide range of products such as sugar,
bio-products and nutraceuticals. Parry has been a pioneer in many
fields, including the setting up of India's first chemical fertiliser
plant at Ennore, sugar plant at Nellikuppam and sanitaryware plant
at Ranipet.
The company is completely IT-enabled, and has
implemented an enterprise resource planning (ERP) system, using
the core modules of SAP since 2000. All core functions of the company
are automated, from procurement to production, including quality
control, sales, maintenance, HR and finance. Its factories, R&D
facilities, branches and stock points are all connected in real
time to the corporate office in Chennai. Besides, a cane management
system for its sugar operations, a shop floor MIS system for its
production facilities and an intranet are operational.
Areas of business
Sugar
| Pioneered zero-waste
integrated sugar complex |
| Completely IT-enabled |
| EID Parry is a sugar
maker since 1842. |
EID Parry is a pioneer in the concept
of setting up zero-waste integrated sugar
complexes with power co-generation and distillery, at its plants
in Nellikuppam, Pugalur, Pudukottai and Pettavaithallai in Tamil
Nadu, with a total crushing capacity of 14,000 metric tonnes of
sugarcane per day.
The company's five fully equipped plants and one refinery
produce a variety of sugars that cater to the bakery and confectionery
industry, beverage manufacturing, as well as marine and pharma applications.
The sugar division contributes over 65 per cent of
EID Parry's turnover.
The sugar division has forayed into sugar refining
to produce value-added products, apart from co-generation, ethanol,
alcohol, etc, and has positioned itself as the second largest sugar
producer in India.
| Established - 1994 |
| Exports - Rs 15 crore
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| Proportion of company's
total income - 2 per cent |
| Revenue - Rs 26 crore |
| Neemazal, the organic
pesticides from EID Parry has been tested on more than 250 species
of insects, representing 100 crops in 32 countries. |
Bio-product
Quality, innovation and eco-friendliness are a hallmark
of all of Parry's divisions.
EID Parry's bio-products division came into existence
as a result of its in-house R&D. Constant innovation at EID
Parry has led to the development of organic and eco-friendly bio-products
like Neemazal, a bio-pesticide made from an extract (azadirachtin)
of neem seeds. The bio-products business started with a technical
collaboration agreement with Trifolio - MGmbh, Germany, in 1992.
The company has also set up a large organic
manure plant to provide integrated nutrient management solutions.
A new product AbdA - an organic plant vitaliser - has been introduced
in the domestic market. With this launch the company is now able
to offer a total crop protection solution for rice. Efforts are
on to roll out several new products to address organic crop protection
and integrated pest management issues globally.
Nutraceuticals
| Foremost
suppliers of microalgal health supplements. |
| Parry's
Certified Organic Spirulina is a premium ingredient for major
Spirulina brands worldwide and is exported to over 40 countries
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| First in
Asia to produce natural mixed carotenoids from Dunaliella Salina,
in 1998 |
| R&D
underway to produce Omega 3 and Omega 6 fatty acids from microalgae |
| Parry
Nutraceuticals' algal facility is the only algal facility in
the world to have under one roof the infrastructure facility
for all 3 different types of algae. |
| The micro
algal facility is certified ISO 9001, ISO 14001 and HACCP (Food
Safety) by BVQI. Parry's Organic Spirulina is the currently
the only Spirulina in the world to be certified by USP (US Pharmacopoeia) |
Parry Nutraceuticals, recently acquired by EID Parry,
is a leading supplier of microalgal health supplements. Three decades
of research and development in microalgal biotechnology at Parry
Nutraceuticals has resulted in the creation of effective health
supplements like organic Spirulina, natural Betacarotene and Astaxanthin.
The group commercialised the Spirulina project in the early 1990s.
Today Nutraceuticals are exported to over 30 companies in the world
and ingredients to major brands in the global healthcare industry.
products
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