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Fertilisers



 TRENDS
 India’s urea production estimated to rise by 6% to 24-mt  INDO


 India’s urea  produc-  Department of Ferti-  put,”  Mr.  Bishnoi  added.  Earlier  this   AMINES
 tion is estimated to in-  lisers  has  taken  vari-  year, the Cabinet had approved the
 crease by more than 6%   ous initiatives which  pooling of gas for all urea plants under   LIMITED
 to 24-mt in this fi scal on   will  defi nitely  result  in  which gas will be provided to all plants
 the  back  of  new  policy   raising domestic urea  at one uniform price. The government
 initiatives,  a top Ferti-  output,”  Fertiliser  Se-  had also approved the new urea policy,   Best-in-class
 liser Ministry offi cial has   cretary  Mr. Anuj  Bish-  which emphasizes on improving en-
 said. Urea production has   noi  said. The  Secretary  ergy effi ciency.  Fine, Specialty &
 been stagnant at around   added that in last fi scal,   Performance Chemicals
 22-mt for last few years,   urea production was at   Urea  is  a  controlled  commodity
 whereas  demand has ri-  22.6-mt, which is esti-  and its price is fi xed at Rs. 5,360 per
 sen to about 30-mt.  The difference  is  mated to reach 24.0-mt this year.“The  tonne. The difference between cost of
 met through imports.  policy initiatives like gas pooling and  production and selling price is paid as
 incentivising  the  energy  effi ciency  subsidy to manufacturers. The govern-
 “Following  the  government’s  agen-  measures  under  the  new  urea  policy  ment wants to reduce its dependence on   PERSONAL CARE  INDUSTRIAL
 da of promoting ‘Make in India’, the  will yield good results in terms of out-  imports.  & COSMETICS  CLEANING

 FORMALISATION
 CCEA approves special banking arrangement for

 payment of outstanding subsidy              HOME CARE

                                Adding Value to Personal Care,
 The  Cabinet Commit-  This  has  already  Rs. 64.03-crore was paid to the banks.
 tee  on  Economic  Affairs   been implemented/ope-  Government  is  making  available  fer-  Cosmetics, Home Care and
 (CCEA)  chaired  by  the   rationalized  to  over-  tilizers, namely urea and 22 grades of   Industrial Cleaning Formulations
 Prime  Minister  Narendra   come the liquidity prob-  P&K fertilizers to farmers at subsidized
 Modi, has given its ex-post   lems  of  the  fertilizer  prices through fertilizer manufactures/  Manufacturing entire range of HPIC
 facto  approval  for  a  Spe-  companies. Under  the  importers. For making funds available
 cial  Banking  Arrangement   above  SBA,  a  total  of  to the fertilizer companies against their   PERSONAL CARE   HOME CARE   INDUSTRIAL CLEANING
 (SBA)  for  a  loan  of  Rs.   Rs.  6,806.66-crore  for  subsidy claims, the Ministry of Finance   INGREDIENTS:  INGREDIENTS:  INGREDIENTS:
 7,000-crore with a consor-  settlement  of  subsidy  had  approved  SBA  for  an  amount  of
 tium of public sector banks   bills with the two con-  Rs. 7,000-crore with Government inter-  •  CAPB 36% • CAPB 44%  •  Acid Thickener Grades -    •  Oleyl Di Amine
 led  by  State  Bank  of  India   sortia  led  by  SBI  and  est liability limited to G-Sec rate. Ac-  •  CTAC 30% • CTAC 50%  Normal, Winter, High Quality  •  Coco Di Amine
 (SBI)  and  Punjab  National   PNB was raised by the  cordingly, an SBA was worked out with   •  DDAC 50% • DDAC 80%  •  CTAC 30% • CTAC 50%
 Bank (PNB) for settlement of outstand-  Government.  The  above  loan  amount  the two consortia of banks to meet the   •  Polysorbate 20, 60, 80  •  Oleyl Amine Ethoxylates
 ing indigenous urea subsidy bills of fer-  along with interest liability on the part  outstanding subsidy claims of fertilizer   •  Phenoxyethanol : 5ppm upto   •  Oleyl Amine Ethoxylates  •  Tallow Amine Ethoxylates
 tilizer companies in 2014-15.   of Government thereon amounting to  companies.   1000ppm w PE EHG 9010   •  Tallow Amine Ethoxylates
          w PE EHG 8020
 Zuari Agro’s Q2 net plunges 86%           Range of Ethoxylates:



 Zuari Agro Chemicals Ltd. (ZACL)  of  Rs.  21.95-crore  in  the  year  ago  pe-  said. During the quarter, the company   •  Fatty Amine Ethoxylates  •  PEG Ethoxylates  •  CSA Ethoxylates
 has  reported  a  86%  decline  in  its  net  riod. Net sales of the company during  has  invested  Rs.  16.69-crore  in  the   •  Lauryl Alcohol Ethoxylates  •  Nonyl Phenol Ethoxylates  •  CO, HCO Ethoxylates
 profi t  at  Rs.  3.12-crore  for  the  quarter  July-September quarter declined to Rs.  equity  of  MCA  Phosphates  Pte  Ltd.,   25 KL Reactor  Condensers  Ribbon Blenders
 ended September 30 due to fall in sales.  1,327.17-crore from Rs. 1531.61-crore  which is a joint venture fi rm with Mit-  Please Contact:
 The  company  had  clocked  a  net  profi t  in the year ago period, the company  subishi Corporation, it added.  Email: sales1@indoaminesltd.com w bhaskarg@indoaminesltd.com w ngmane@indoaminesltd.com
                                      WhatsApp: 9323258157, 8655337536, 9323256365
 160  Chemical Weekly  November 10, 2015      Chemical Weekly  June 17, 2025                            73


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