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Fertilizer companies step in to help government in COVID fight

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 sells record 57 lakh tones fertiliser during last fiscal

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.

E-commerce company MSTC has pushed a long-term coal supply contract auction by over a month

“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.

CIL may run out of explosives stock as production takes a hit on coronavirus fears

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

Govt keeps Bt cotton price unchanged at Rs 730 per packet for 2020-21; scraps royalty fee to Bayer

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.

Coronavirus: Tata Chemicals shuts operations in Andhra Pradesh, Tamil Nadu

​"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.

Agro-chemicals industry opposes penal provisions in new pesticides bill

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.

Epsilon Carbon ventures into carbon black segment, invests Rs 900 crore

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.

Fertiliser ministry may seek more funds to clear dues

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.

Abolition of anti-dumping duty on PTA, a step in the right direction: SIMA

Abolition of anti-dumping duty on PTA, a step in the right direction: SIMA

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.

Govt may consider import duty cut on raw material for fertiliser industry in Budget

Govt may consider import duty cut on raw material for fertiliser industry in Budget

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.

Zuari Agro shuts NPK plant due to non-availability of raw material

Zuari Agro shuts NPK plant due to non-availability of raw material

"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.

India aims at zero urea import with commissioning of 5 units

India aims at zero urea import with commissioning of 5 units

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.

Insecticides India gets green nod for Rs 40 cr pesticide unit in Gujarat

Insecticides India gets green nod for Rs 40 cr pesticide unit in Gujarat

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.

UPL gets green nod for Rs 353-cr pesticide unit expansion project in Gujarat

UPL gets green nod for Rs 353-cr pesticide unit expansion project in Gujarat

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.

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