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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)
            Please note our new address & telephone Nos
 160  Chemical Weekly  November 10, 2015      Chemical Weekly  March 25, 2025                           45


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