Page 26 - Tata Chemical Annual Report_2022-2023
P. 26

Integrated Annual Report 2022-23                01-83                   84-192                  193-365
                                                                                                                                     Integrated Report       Statutory Reports       Financial Statements
                                                                                                                                     Specialty Products Business


           Operational and strategic developments


           On the path of accelerated growth                                                                                                  Collaborating with customers to
                                                                                                                                              develop novel gummies
           The business focus is shifting from ingredients to solutions approach. We aim to accelerate our efforts in this direction in the
           coming year.
                                                                                                                                            e developed gummies with zero-added sugar, through close collaboration with a customer by using
           During FY 2022-23                   Ÿ We conducted trials in the poultry and   Way forward                                   WFOSSENCE® (FOS). Compared to traditional sugar-based gummies, this is a healthier option with no sugar
             Ÿ We pursued co-creating applications   aquaculture segment. Positive results     Ÿ Strengthening presence in              and containing vitamins, minerals, amino acids, herbal extracts and more. The upcoming segment of these novel
                                                                                                                                        gummies is helping deliver essential nutrients to consumers, while offering exceptional taste and texture.
             of FOS with our customers and saw   pave the way for increased focus on   international markets to drive higher
             significant progress in various product   feed and pet food segment  volumes                                               Benefits
             types                             Ÿ Improvements in product quality and     Ÿ Closer engagement with customers,

             Ÿ We enhanced our capacities for   streamlining of processes have allowed   identifying their needs and providing             Ÿ These gummies are crystal clear and maintain an exceptional organoleptic profile, and even mask the off-notes
                                                                                                                                           possibly coming from herbal extracts
             processing of invert sugar – and have   us to tightly define our product   solutions to meet the same                         Ÿ Blind taste tests have given encouraging results, where consumers have preferred these gummies over the sugar-
             also developed strategic customers in   specifications              Ÿ Enhancing focus on cost-control                         based gummies
             proximity to our plant                                             through optimisation of processes to
                                                                                boost efficiencies                                         Ÿ The development has led to the emergence of one of our key customers, who aims to develop more products now
                                                                                                                                           with our ingredient


           Performance Summary (FY 2022-23)

                Exceeded target on safety related   Improved capacity utilisation to   Increased procurement cost led to
                lead indicators (PSI)            over 74%                          higher variable cost








































                                                                                                                                   Mambattu Employees


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