Gujarat Narmada Valley Fertilizers Company (GNFC) has completed the 300 MTPD Weak Nitric Acid-II (WNA-II) project at a cost of about Rs 262 crore and has started its operation from July 23, 2011.
Earlier in February this year, GNFC had received insurance claim from New India assurance (NIA). The claim was in regards to an explosion followed by fire in waste heat boiler (E-703) in ammonia plant of the company. The explosion occurred on February 10, 2010 due to which there was the disruption in the operations of the plant for about 4 months, the company had then lodged a claim with NIA towards loss of profit and also for material damage.
GNFC started its manufacturing and marketing activities in 1982. The company has product portfolio of chemicals, fertilizers and information technology. Currently it owns one of the world’s largest single-stream ammonia-urea fertilizer complexes. It is one of the leading manufacturers of fertilizers and chemicals like methanol, acetic acid, formic acid, TDI, etc. It is the only producer of glacial acetic acid through the cutting-edge methanol route in India.