Chennai, Oct. 5

EMPEE Hotels Ltd, part of the Empee Group, has signed an agreement with Hilton International to manage and operate its five-star deluxe property, which is scheduled to open by December 2007.

Mr M.P. Purushothaman, Chairman, Empee Group, said the property is promoted by Empee Hotels with an investment of Rs 184 crore.

Empee Hotels owns and operates two three-star hotels in the city.

The 253-room Hilton Chennai will have six food and beverage outlets, a destination bar, a swimming pool, four conference rooms, a ballroom, a business centre, a health club and a spa.
The hotel will be about 15 minutes from the Chennai airport.

Ms Nisha Purushothaman, Managing Director, Empee Hotels Ltd, said Wimberley Allison Tong & Goo has designed the hotel, in the Indo-Saracenic style.

Mr Koos Klein, President, Hilton International, Middle East and Asia Pacific, said Hilton was keen to increase its presence in India.

He said Hilton has signed up two properties in Bangalore, a 100-villa holistic lifestyle retreat in Shillim in the Western Ghats. It is close to signing up two hotel properties in Hyderabad, he said.

“This article has clearly outlaid the future plans of Empee Sugars and Chemicals Ltd (ESCL) to increase its turnover to Rs. 300 crores by 2009-10. Mr. P.K. Das, Vice President and Company Secretary of Empee also spoke about considering the rights and public issue for funding requirements in the future.”

“This article focuses on Empee’s interest to enter into hospitality sector by constructing a 5-star hotel in Ekkattuthangal with 253 rooms by investing 184 crores. Hotel will be designed by a global design consultant, Wimberley Allison Tong and Goo.“

Title : Empee Sugars to invest Rs.100 cr in co-generation plant.

“This article summarizes the Empee’s process in setting up a power plant in Nayudupet in AP with an investment of 100 crores from internal accruals and bank loans. Empee’s idea for diversification of portfolio models of sugar, alcohol, ethanol and power was also mentioned. “

“This article has clearly outlaid the statistics given by Mr. Chandra Mohan in turnover rates in 2004-2005 when compared to previous year. A mention about their plan of increasing the productivity of sugar and industrial alcohol by March 2006 was also made. “

“This article layouts Empee Sugars and Chemicals Ltd plan in increasing the crushing capacity thrice the current capacity and also double the production of industrial alcohol which is to be commissioned by early 2007 with a investment of 100 crore each. Their method of meeting the increasing needs of the company by importing raw sugar from Brazil was also stated. A special highlight on the company’s promptness in repaying term loans was also made.”

“This article gives the essence of information from the talk of Mr. Chandra Mohan, senior vice president of ESCL regarding the increase in sugarcane crushing capacity and purchase of cultivation land by 2009-10. A mention of doubling the alcohol production was also made.”

“This article outlines the clear statistics from the talk of Mr. Chandra Mohan, senior vice president regarding increase in cultivation area, crushing capacity of sugarcane for which funding will be managed through internal accruals and bank loans. “