FACT mulls urea plant |
By e4p Correspondent, Monday, June 29, 2009, 11:51 Hrs [IST] |  |
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Category: Chemicals | Tags: fact urea plant, the fertilizers & chemicals travancore, fact dpr, fact convert kochi unit | Share:  |
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The Fertilizers & Chemicals Travancore (FACT) is likely to set up a urea plant with an estimated cost of Rs 650 crore by 2011.
FACT is planning to prepare DPR for the proposed project which is likely to have a 500,000 tpa capacity. For funding the project, the company has to generate 20 per cent of the amount, while the remaining to be raised from financial institutions.
Meanwhile, the company is planning to convert its Kochi unit in Kerala into a complex production division. The production of NPK, another product of the company is expected to be ramped up.
Source : ProjectsToday
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