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Chem / Fertilisers

Oct 17, 2019, 11.02 PM IST
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Cheaper Sulphur, Ammonia & Phosphoric Acid to lower up fertilizer prices by 17%

The retail prices of major fertilisers have lowered by 17% which means farmers have to shell out lesser money for the same this rabi season due to a decrease in the global prices of fertiliser components. Urea prices however, have remained steady.

IFFCO reduces retail prices of non-urea fertilisers by Rs 50/bag

IFFCO has reduced the maximum retail price of DAP to Rs 1,200 per 50 kg bag from Rs 1,250 a bag.

NFL posts record fertiliser sales at 27 lakh tonnes in April-September

"Breaking all previous records, the NFL has achieved 27 lakh tonnes of fertiliser sales during the Kharif 2019 (April -September) season, which is 25 per cent higher than the year-ago period," the NFL said in a statement.

Talcher Fertilizers award project contract to Wuhuan Engineering Co Ltd

In order to augment domestic urea capacity, the government had taken up revival of closed fertilizer units of Fertilizer Corporation of India Ltd.

Bayer completes merger of Monsanto India

The National Company Law Tribunal (NCLT) last week approved the merger of Monsanto India Ltd with Bayer CropScience.

Green nod to Deepak Fertilisers' Rs 190 cr expansion project

The union environment ministry has issued the clearance to the company's proposal after taking into account the recommendations of a panel of experts.

New bill likely for pesticide price control

The new law will be in line with the international norms being practised by global leaders.

Government says FDI in chemical industry very low; asks industry to introspect

It is gathered that neighbouring countries like Singapore, Vietnam, Thailand, Philippines are attracting the investment.

Government looks to cut down imports of chemicals, make India manufacturing hub

Net imports of chemicals and petrochemicals touched a whopping Rs 1.21 lakh crore annually in 2018-19, the official added.

Government raises subsidy for sulphur fertiliser for FY20

Total subsidy outgo for non-urea fertilisers would be Rs 22,875.5 crore for 2019-20 fiscal, the Information and Broadcasting Minister told reporters after the meeting of the CCEA.

Non-urea fertiliser subsidy hiked to Rs 22,875 crore in FY20

Non-urea fertiliser subsidy hiked to Rs 22,875 crore in FY20

Other decisions: Bill to regulate chit funds cleared; SC judges’ strength up to 33.

Green nod to Tata Chem's Rs 1,042 cr soda ash expansion project

Green nod to Tata Chem's Rs 1,042 cr soda ash expansion project

India has the advantage of abundance of raw materials i.e. limestone and salt and growing domestic demand that favours the establishment of soda ash plants.

UPL Corporation raises EUR 100 million loan to meet working capital needs

UPL Corporation raises EUR 100 million loan to meet working capital needs

"The short tenor loan carries zero running coupon and is the first such financing raised by the group," UPL said.

Phillips Carbon Black unveils state-of-the-art Sushila Goenka Research and Development Centre in Gujarat

Phillips Carbon Black unveils state-of-the-art Sushila Goenka Research and Development Centre in Gujarat

Spread over 27,000 square feet (sq.ft.) on a sprawling land area of 8 lakh sq.ft., the R&D Centre entailed an initial investment of Rs 20 crore.

Govt to make mandatory standards for 40 more chemicals to check fake products

Govt to make mandatory standards for 40 more chemicals to check fake products

Addressing the conference, the Secretary emphasised on HS coding for all major imported chemicals and petrochemicals in the country.

Budget 2019: ICRA hopes rationalisation of subsidy under NBS scheme

Budget 2019: ICRA hopes rationalisation of subsidy under NBS scheme

ICRA also expects a reduction of the import duty on LNG to nil from 2.5% currently, resulting in lowering of the cost of production and the subsidy outgo for the GoI.

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