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P. 45
Fertilisers
AVAILABLE FROM READY STOCK & ON HIGH SEAS SALE
TRENDS Available of Indian Origin
India’s urea production estimated to rise by 6% to 24-mt v Phenyl Hydrazine HCl
India’s urea produc- Department of Ferti- put,” Mr. Bishnoi added. Earlier this v Phenyl Hydrazine base v Acetonitrile (Taiwan)
v Acrylamide (China)
tion is estimated to in- lisers has taken vari- year, the Cabinet had approved the v Acrylic Acid (BASF / Formosa / China / LG Korea)
crease by more than 6% ous initiatives which pooling of gas for all urea plants under vAdipic Acid
vAnisole
to 24-mt in this fi scal on will defi nitely result in which gas will be provided to all plants v Chloroform
the back of new policy raising domestic urea at one uniform price. The government v Citric Acid Mono / Anhydrous
initiatives, a top Ferti- output,” Fertiliser Se- had also approved the new urea policy, v D.O.P
liser Ministry offi cial has cretary Mr. Anuj Bish- which emphasizes on improving en- v DCDA (China)
v Di Ethyl Malonate (China)
said. Urea production has noi said. The Secretary ergy effi ciency. v Di Methyl Acetamide
been stagnant at around added that in last fi scal, v Di Methyl Amino Pyridine
22-mt for last few years, urea production was at Urea is a controlled commodity v Di Methyl Carbonate
whereas demand has ri- 22.6-mt, which is esti- and its price is fi xed at Rs. 5,360 per v Di Methyl Formamide (China)
v Di Methyl Malonate
sen to about 30-mt. The difference is mated to reach 24.0-mt this year.“The tonne. The difference between cost of v Di Methyl Sulfoxide (Hubei Xingfa)
met through imports. policy initiatives like gas pooling and production and selling price is paid as v DMA - HCl
incentivising the energy effi ciency subsidy to manufacturers. The govern- v DCDA (China / Belite)
“Following the government’s agen- measures under the new urea policy ment wants to reduce its dependence on v Epichlorohydrine (Hanwa)
v Ethyl Chloro Formate
da of promoting ‘Make in India’, the will yield good results in terms of out- imports. v Glycerine
v Gum Rosin (Indonesia)
FORMALISATION v Hydrazine Hydrate (Lanxess)
CCEA approves special banking arrangement for v Hydrobromic Acid 48%
v Hydroxylamine HCl
v Hydroxylamine Sulphate
payment of outstanding subsidy v Iso Butanol (Dairen)
v Iso Phthalic Acid (Eastman)
v L+Tartaric Acid
v Maleic Anhydride (Taiwan / Korea / China)
The Cabinet Commit- This has already Rs. 64.03-crore was paid to the banks. v Melamine (China) www.mahalaxmigroup.com
tee on Economic Affairs been implemented/ope- Government is making available fer- v Methane Sulphonyl Chloride
(CCEA) chaired by the rationalized to over- tilizers, namely urea and 22 grades of v Methyl Aceto Acetate (Lonza)
Prime Minister Narendra come the liquidity prob- P&K fertilizers to farmers at subsidized v Methyl Chloro Formate
v Methyl Cyanoacetate
Modi, has given its ex-post lems of the fertilizer prices through fertilizer manufactures/ v Methyl Iso Butyl Ketone (Sasol / Kumho)
facto approval for a Spe- companies. Under the importers. For making funds available v Methylene Chloride
cial Banking Arrangement above SBA, a total of to the fertilizer companies against their v N-Methyl-2-Pyrrolidone (China)
(SBA) for a loan of Rs. Rs. 6,806.66-crore for subsidy claims, the Ministry of Finance v Octoic Acid - 2EH
v Para Toluene Sulphonic Chloride
7,000-crore with a consor- settlement of subsidy had approved SBA for an amount of v Pentaerythritol (Perstorp)
tium of public sector banks bills with the two con- Rs. 7,000-crore with Government inter- v Phenol (Taiwan / Korea)
led by State Bank of India sortia led by SBI and est liability limited to G-Sec rate. Ac- v Phthalic Anhydride
(SBI) and Punjab National PNB was raised by the cordingly, an SBA was worked out with v Phosphoric Acid (Vietnam)
v Phosphorous Oxychloride (POCL 3)
Bank (PNB) for settlement of outstand- Government. The above loan amount the two consortia of banks to meet the v Propylene Glycol Tech (Shandong Shida / Wells)
ing indigenous urea subsidy bills of fer- along with interest liability on the part outstanding subsidy claims of fertilizer v PTSA
tilizer companies in 2014-15. of Government thereon amounting to companies. v PVC (Ineos / LG Korea / Mexico)
v Resorcinol
Araya Ventures LLP v Sodium Bi Carbonate
v Sodium Borohydride
Zuari Agro’s Q2 net plunges 86% 1102, 11th Floor, Padmavati Heights, v Sodium Hydride
v Sodium Meta Bi Sulphite (China)
Near Sai Baba Mandir, Shraddhanand Road, v Sodium Metal
Zuari Agro Chemicals Ltd. (ZACL) of Rs. 21.95-crore in the year ago pe- said. During the quarter, the company Vile Parle (East), Mumbai 400057. Maharashtra, India. v Sodium Nitrite
has reported a 86% decline in its net riod. Net sales of the company during has invested Rs. 16.69-crore in the Office: 022-35584735/35655233/35655177 v Technical Urea
v Tetra Hydro Furan (THF) (Taiwan)
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 : +91-98191 07744 v Thiophene-2-Ethanol
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- * : chemicals@mahalaxmigroup.com v Tri Ethyl Amine
The company had clocked a net profi t in the year ago period, the company subishi Corporation, it added. v Tri N Butylamine (China)
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160 Chemical Weekly November 10, 2015 Chemical Weekly March 25, 2025 45
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