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details about governments attempt to revise FACT in kochi

Q: Hey, i wanted to ask you about the Fertilizers and Chemicals Travancore(FACT), in Kochi. What is the government doing to help FACT in these trying times?
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Replies (11)
1
While all this is encouraging and good, did you know that Fertilisers and Chemicals Travancore is in dire financial straits and there is little anticipation of the upcoming Union budget offering a lifeline. That is really sad in my opinion.
Vikesh Vaidyar


2
I'm sure you would appreciate what i'm about to tell you; The Fertilisers and Chemicals Travancore Limited (or FACT Ltd), a fertiliser and chemical manufacturing company in Kochi, Kerala, India, was incorporated in 1943, by Maharajah Sree Chithira Thirunal Balarama Varma
Rajesh Menon


3
Well as far as my knowledge on the subject matter goes, the ministry figures said that urea sales during January this year stood at a little more than 13,000 tonnes while NPK sales stood at 6,000 tonnes for the month.
Aadesh Chacko


4
I'm quite interested in all this stuff, and wanted to tell you that a report from the ministry showed that there had been no shortage of urea, complex fertilizers and other fertilizer inputs in the State during the month of January.
Rajagopal Menon


5
With the market price of natural gas ruling low, a long-term agreement for fuel supply is expected to provide more stability to its operations. Preparations are also on for re-starting caprolactam production. It is so reassuring to see active steps being taken to help the city.
Smitha Ravi


6
Did you know that meanwhile, ammonia production at the public sector company is back on track with the unit signing an agreement with government-owned MMTC for the supply of natural gas. Such good times for our city.
Sreekutty Nair


7
The ministry report showed that utilisation of capacities for production of both urea and complex fertilisers at public sector production units between June and November 2014 stood at 112 per cent and 63 per cent.
Micheal George


8
You know what, the report said the government was closely interacting with domestic producers on a regular basis to ensure maximum utilisation of capacities. I'm glad that the government is being actively involved in this.
Sathish Menon


9
The Union ministry is also committed to the revival of the Fertilizers and Chemicals Travancore Ltd. and restructuring of Madras Fertilizers Limited, according to the report i read recently. I personally think that this is very good.
Krishnan Nair


10
A report released by the Ministry early this month said that under the Make in India programme, the government was committed to achieve self-reliance in fertilizer production and that the Ministry had fast-tracked the revival of fertilizer units located at Gorakhpur, Sindri, Barauni, Talcher and Ramangundam.
Rajeev Narayanan


11
Even i was worried about the company's future, and then found out that the Union Ministry of Fertilizers and Chemicals has reiterated that it is committed to the revival of Fertilizers and Chemicals Travancore (FACT). You can breathe easy now
Ayesha Bibi


I am really glad that the government is offering its support to FACT, but i wanted to know why is it suddenly helping out the company?
Suneel Chakyar,  Kochi
12th March 2015


12

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