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RCF sees FY12 sales up 25%, may set up new SSP unit

18 May 2011 Evaluate

Rashtriya Chemicals & Fertilizers expects sales to raise 20-25% to about Rs 7,000 crore in FY12 on higher imports. Last year, the company’s domestic production and sales did increase but the imports were lower. This year, the company expects sales to grow on more on imports.
 
The state-run company plans to expand urea manufacturing capacity at its Thal plant in Maharashtra and at Talcher in Orissa at a total investment of Rs 12,000 crore Each of the expansion projects would raise its urea capacity by 1.15 million tonnes per year. Both units are expected to start commercial production over a period of three to five years. The state-run fertilizer maker may also set up a single super phosphate (SSP) unit at a cost of Rs 300 crore at its Thal plant as demand for complex fertilizers is growing and it has better margins.crackcrack

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