IBEF: August 07, 2020
The Fertilizers and Chemicals Travancore Limited (FACT), a PSU under the Ministry of Chemicals and Fertilizers is on a Turnaround path, breaking records in Production and Sales during the year.
As per a Statement of FACT, company Achieved highest Monthly ‘Ammonium Sulphate’ production during July 2020 (24016 MT), surpassing previous best of 23811 MT in January 2020.
FACT has been manufacturing two fertilizer products NP 20:20:0:13 (Factamfos) and Ammonium Sulphate, mainly for the South Indian market.
Company could optimize its fertilizer production by implementing suitable adaptations in its operation schedule, raw material planning, logistics and product despatch, for safe operation during COVID times.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.