AVT Natural Products Ltd has informed that the Company have signed a Decaffeination of Tea Agreement with Finlay Tea Solutions UK Ltd, Swire House, 59, Buckingham Gate, London SW1E 6 AJ for an initial term of three years. The term of the Agreement is extendable on mutual consent after the expiry of the Initial term. As per the Agreement signed with Finlays, AVT Natural will remove caffeine from Tea supplied by Finlay to meet the statutory limits prescribed by the importing countries. Decaffeination will be through solvent extraction at the Companys Cochin plant under a tolling arrangement with Finlays.With this development, AVT Natural will further strengthen its position in the Global Value Added Beverages market.
