Rashtriya Chemicals & Fertilizers (RCF) has formed a venture with Gujarat State Fertilizer Corporation (GSFC) and Faradast Energy Falat Company (FALAT) for the development of a 1.3-million-tonne (mt) urea plant at Chahbahar in Iran. The project entails investment of Rs 6,500 crore. The product will be shipped back to India.
Further, the company is planning to expand production capacity at the Thal plant in Raigad district with an investment of Rs 5,500 crore. RCF will set up a single stream ammonia plant of 2,200 tonnes per day and one single stream urea plant of 3,850 tonnes a day at the site in Thal. The project awaits Cabinet approval.
RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Govt. of India. RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. Govt. of India has accorded 'Mini Ratna' Status to RCF.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 2051.75 |
| National Fertilizers | 77.40 |
| RCF | 131.70 |
| Chambal Fert & Chem | 454.15 |
| Paradeep Phosphates | 124.40 |
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