Page 27 - Tata Chemical Annual Report_2022-2023
P. 27
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 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
We pursued co-creating applications aquaculture segment. Positive results 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 Improvements in product quality and Closer engagement with customers,
We enhanced our capacities for streamlining of processes have allowed identifying their needs and providing 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 Blind taste tests have given encouraging results, where consumers have preferred these gummies over the sugar-
also developed strategic customers in specifications Enhancing focus on cost-control based gummies
proximity to our plant through optimisation of processes to
boost efficiencies 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
24 25