The import of urea by manufacturers of complex fertilizers has no impact on the state exchequer as the government does not pay any subsidy for such imports.
The Planning Commission has suggested that the Department of Fertilizers may explore the possibility of open bidding and Expression of Interest (EoI) for equity participation from private sector companies in connection with the revival of Namru
The Department of Chemicals and Petrochemicals (DCPC) has said that the subsidy on transportation of Potash and Phosphorus Freight reimbursement on account of secondary movement of Phosphatic and Potassic fertilizers from rake point to districts was
K P R Fertilizers has proposed to manufacture new products at its existing unit at Biccavolu in Andhra Pradesh’s East Godavari district. In its presentation to the Ministry of Environment and Forests for environmental clearance, the company sai
Kakinada-based Nagarjuna Fertilizers and Chemicals Limited (NFCL) has initiated the process for setting up a new production facility for the production of 1.27 million MT/Annum of fertilizer grade urea within the existing complex.
In November, 2011 production of urea had been more than the target by 0.26 lakh MT. Estimated production of urea during November, 2011 was 17.69 lakh MT against the target of 17.43 lakh MT.
A task force constituted by the government on transfer of direct subsidy in the case of fertilizers among others has recommended a phased approach for implementation of this transfer to the beneficiary.
Union Minister of State for Chemicals & Fertilizers, Srikant Jena, has called for protection of human health and environment as also to balance the economics of industrial growth with social aspects like safety and societal benefits while aiming for
CRISIL’s ratings on the bank facilities and debt programmes of Rashtriya Chemicals & Fertilizers Ltd (RCF) continue to reflect the company’s established position in the fertiliser industry and its diversified revenue profile.
To meet the growing demand of engineering and film grade plastics, state-run Gujarat State Fertilizers & Chemicals Ltd. (GSFC) has decided to enhance the existing production capacity of its Nylon-6 Engineering Plastic at its Fertilizernagar unit in V
BASF has signed a contract with EuroChem, Moscow, Russia, to sell its fertilizer activities in Antwerp, Belgium.
Projects & Development India Limited (PDIL), a PSU under the Department of Fertilizers has readied a feasibility report in connection with setting up of the fourth unit of an ammonia-urea Brownfield plant of Brahmaputra Valley Fertilizer Corporation
The government has approved a proposal for the revival of eight closed units of Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL).
The Union Cabinet accorded approval for the proposals for revision in the benchmark prices for Nutrient Based Subsidy (NBS) 2011-12, w.e.f 1st April, 2011 for Phosphatic and Potassic (P&K) fertilizers. This will enable the manufacturers and importers
Tata Chemicals has announced an investment of US4290mn to acquire a 25.1 percent stake as a strategic investor in the stream 1 of a Greenfield port-based ammonia-urea fertilizer manufacturing complex in the Republic of Gabon. The balance of sharehold
Rashtriya Chemicals and Fertilizers has posted a net profit of Rs. 68.36 crore for the quarter ended December 31, 2010 as compared to Rs. 77.78 crore for the quarter ended December 31, 2009. Total Income has decreased from Rs. 1619.97 crore for the
CRISIL's ratings on the bank facilities of Mangalore Chemicals and Fertilizers Ltd (MCF) continue to reflect MCF's established position in the fertiliser business, especially in South India, and healthy operating efficiency. These rating strength
CRISIL has assigned "˜AA-(so)/Stable/P1+(so)' ratings to the bank facilities of Kribhco Shyam Fertilizers Ltd (KSFL). The ratings are based on the strength of an unconditional and irrevocable guarantee provided by KSFL's parent, Krishak Bharati
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