FACT plans 500000 tonne capacity urea plant

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Category: Industry Overview

Fertilizer and Chemicals Travancore Ltd(FACT) is planning to set up a urea plant with an investment of Rs.6500 million. The plant will have a capacity of 500,000 tpa and is likely to be completed by two years. FACT will put up 20% of the project cost while the rest will be raised from financial instituitions. The company's board has given 'in-prinicple' clearance and a feasibility report will be conducted. The company has recently launched 'Zincated Factamfos' and 'Zincated Gypsum'.

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