Crop protection products manufacturer UPL Limited has till date sprayed 11.5 lakh litre of the disinfectant solution in the states of Gujarat,Maharashtra, Telangana, Punjab, Haryana, Rajasthan, Madhya Pradesh and Andhra Pradesh, and is working to extend the exercise to other states as identified by the government.
NFL has recorded total fertiliser sale of more than 57 tonnes of all products, beating its previous best of 48.95 lakh tonnes achieved during 2018-19. "With this, the company achieved a sales growth of 16.2 per cent over the previous year," the company said in a regulatory filing.
“The decision to postpone the long-term supply auction was taken prior to the declaration of the lockdown. We are keeping a close watch on the situation and may push it back further if necessary,” said SK Gupta, chairman, MSTC.
Coal India buys explosives worth Rs 2,000 crore in a year. Even smaller subsidiaries like Eastern Coalfields receive 45-50 tankers a day while for larger ones the requirement is larger
Bayer, which in June 2018 completed the USD 63-billion deal to acquire Monsanto, has expressed disappointment over doing away with trait value or royalty altogether. According to a government notification, the maximum sale price for Bollgard-II (BG-II) cotton seed for 2020-21 has been fixed at Rs 730 per packet of 450 gm. The seed value is Rs 730 and trait value zero.
"The company has shut down its manufacturing operations located at Mambattu-Nellore in Andhra Pradesh, Sriperumbudur and Cuddalore (Tamil Nadu) and scaled down its operations at Mithapur in Gujarat for the production of soda ash and cement," it said.
An agro-chemicals industry body has opposed penal provisions in the new Pesticides Management Bill, saying these do not differentiate between minor and major offences.
The Mumbai-based company is planning to invest in two phases, with the first phase commissioning by Q3 of FY 21 with an investment of Rs 425 crores, said the company's managing director, Vikram Handa to ET. Carbon black is an additive used in the making of rubber products like tyres, colouring pigment inks and also as electric conducive agents for high-tech devices.
It was already struggling with huge subsidy dues. And the Budget cut allocation by a huge 11 per cent.
“The jobs are around 320 plus for the new facility. The unit is automated to every extent, therefore we have all skilled Jobs in there. And most of the employees are technical diploma engineers, degree engineers and staff.” Said President Henkel India, Shilip Kumar.
The Ministry of Textiles has envisaged to increase the textile business size from the current level of around US$ 169 billion to US$ 350 billion by 2025 and to US$ 650 billion by 2030 in its draft Textile Policy being formulated by the Government.
The government may consider cut in import duty on raw material used in the fertiliser industry in the forthcoming budget with a view to boost domestic manufacturing in the country.
"NPK - a plant of the company has been shut down due to non-availability of raw material. We will inform you once the plant operations resume," the company said in a BSE filing.
The government is reviving five closed fertiliser plants to increase urea production in the country and reduce imports. "We expect our import dependency will be zero with the commissioning of the plants. The projects will nearly obviate the need for import of urea in the country, said Roul.
The clearance, however, has been given with some conditions, the document added. As per the proposal, IIL wants to set up a pesticide and pesticide intermediates manufacturing unit with a production capacity of 2,500 tonne per month at Dahej in Bharuch district in an area of 52,000 square metre.
Agrochemical firm UPL has received the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Bharuch district of Gujarat, according to official documents.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service