IndianPetro.com EnergyLineIndia.com IndianPetrochem.com EnergyLineTrading.com
 
  Advanced Search        
 
   
Last updated at: 01:33 PM, Wed, Jul 2014        Home | About Us | Subscription | Contact Us | Careers | Advertise                                            Sign In

 
 
 

TCL to set up its 'Smart Zinc' micro-fertilizer plant at Haldia

July 30: Tata Chemicals Limited (TCL) has proposed to set up a zinc poly phosphate (smart zinc) pilot plant at its fertilizers-cum-chemicals complex at Haldia. It intends to later set up a commercial-scale plant for this product.
8According to TCL, Smart Zinc is an innovative product of Agtec Innovation Inc. It is a new category of slow release fertilizer cum micro nutrient. As per Fertilizer (Control) Order 1985 clause 20A, Zinc Poly Phosphate (ZPP) is a provisional fertilizer. It is considered as micronutrient as it is mainly used to provide zinc nutrient to the plant.
8The product is low water soluble provisional fertilizer cum micro nutrient. Most of the primary nutrients are absorbed by the plants faster and those which are not absorbed get leached into the soil resulting in inefficient nutrient use. Current market of Zinc products in India is around Rs 600 Crs, of which TCL share is about 10%. However the existing Zinc products are not slow release and are soluble in water, the company says.
8It adds: “After two years of extensive field trials and large scale demonstration conducted at farmer`s field, attributed results superior to all the existing Zn products because of the slow release properties. The product has been found to be effective for 2-3 cycles of cropping. Lab scale production and testing has been completed at Haldia. To carry out commercial feasibility study, it is proposed to set up a pilot plant of capacity 0.3 MT/day at Haldia. On successful completion of pilot and test marketing, the project will later be scaled up to a commercial scale at a later date.”
8TCL believes that ZPP will gradually replace all the existing soluble Zinc products in the market over the years. The current Indian market of Soluble Zinc products is 1,50,000 tonnes/annum.
8The company has disclosed this in an application submitted to the Ministry of Environment and Forests (MOEF) for seeking approval for terms of reference (TOR) for undertaking EIA studies on the proposed plant.
  Details

Uralkali foresees turnaround in potash markets in 2014

July 30: Russia’s Uralkali is striking a bullish posture about global potash demand.
8In its latest market analysis report, Uralkali claims: “Potash demand in 2014 may exceed 2011 level, and probably set a new record. Increases are expected in all major regions partially aided by restocking needs. Strong demand combined with limited availability of granular potash continues to support potash prices in major spot markets.”
8It observes: “In India, contract volumes were booked with producers during the second quarter. The total contracted quantity is c. 3.9 million metric tonnes. Indian demand was softer than expected due to lower than typical monsoon rains in June. Rainfall is expected to improve in July. According to customs data, India imported 1.65 million metric tonnes in the first six months of the year, a 30% year-on-year increase.”
8The Report adds: “India is expected to import 3.7-4.0 million metric tonnes in calendar year 2014. Indian fertilizer companies are buoyant about the recent change of government. They are hoping that the new government will push through reform measures in terms of NBS policy.”
  Details

Govt moots quadrilateral JV for Namrup IV urea project

July 29: The Government has proposed setting up of an ammonia-urea steam at Namrup in Assam at an estimated cost of Rs 4400 crore as a joint venture between four entities.
8The stream, with a urea capacity of 8.64 lakh tonnes per annum, would be located within the Namrup complex of Brahmaputra Valley Fertilizer Corporation limited (BVFCL).
Answering a question on indigenous production of fertilizers in Rajya Sabha, the Minister of State for Chemicals and Fertilizers Nihal Chand said that the proposed project (Namrup IV) would subsequently replace the existing two uneconomical operating ammonia- urea plants, Namrup II and III.
8The JV would be promoted by BVFCL, Government of Assam (GoA), Oil India Limited (OIL) and a private/public entity that would be selected through competitive bidding.
In the JV, competitively selected entity would have a majority stake of 52% with the balance 48% stake to be split among three other entities. Thus, BVFCL and GOA would have identical 11% each with the remaining 26% shares to be offered to Oil India Limited.
8BVFCL would have equity participation by way of transfer of the useful & equivalent tangible assets to the proposed JV. The remaining Assets of BVFCL shall remain with BVFCL.
  Details

MMTC to appoint an agent in Nepal to boost its fertilizer exports

July 29: MMTC Limited intends to appoint an agent to improve its fertilizers exports to Nepal.
8The company has invited expression of interest from appropriate entities in Nepal to serve “as an agent of MMTC for export of fertilizers to Nepal” for an initial period of two years. The last date for submission of applications is 28th August 2014.
8MMTC says: “The agent is expected to have adequate experience in similar fields and is expected to liaise with all concerned Government Departments and agencies in Nepal. The engagement as agent shall be purely on contractual basis for an initial period of two years which may be extended based on performance.”
8The agent’s functions would include providing commercial and technical information to assist MMTC to get order from buyer in Nepal and assist in preparing technical and commercial offer to buyers in Nepal.
8The agent would also have to advice MMTC during contract negotiations with buyers in Nepal and also in any future negotiations of price, terms and conditions.
8The company had invited two separate tenders earlier this year for supply of imported, prilled/granular urea to Nepal.
  Details

RCF seeks bids for supply of 60,000 tonnes of DAP/MAP

July 28: Rashtriya Chemicals and Fertilisers Limited (RCF) and MMTC Limited have entered the global market for import of varied quantities of phosphatic fertilizers.
8RCF has invited bids for supply of 50,000 tonnes of mono ammonium phosphate (MAP)/diammonium phosphate (DAP), whereas MMTC has asked for tenders for delivery of 60,000 tonnes of DAP.
Of the total 50,000 tonnes sought by RCF, 35,000 tonnes is required as single parcel for granular DAP or as two parcels of 17,500 tonnes of granular MAP. The balance 15,000 is required as powder MAP.
8Both the lots are to be shipped to Mumbai port during September-15th October 2014. The last date for submission of offers to RCF is 11th August.
8MMTC, on the other hand, wants the entire required 60,000 tonnes of DAP at Kandla port or Mundra port during the 2nd half of September 2014. The last date for submission of tenders to MMTC is 4th August.
  Details

DOF bans use of unapproved rock phosphate for production of subsidized SSP

July 25: The Department of Fertilizers (DOF) has decided to disallow use of unapproved grades of imported rock phosphate for manufacture of single super phosphate (SSP) under the nutrient based subsidy (NBS) scheme.
Specifying grades and sources of rock phosphate for approved usage, DOF, in a office memorandum dated 24th July, says: “any purchase of rock phosphate from sources other than the approved sources as mentioned above will not qualify for reckoning as raw material for production of SSP and the SSP so produced from such rock phosphate will not qualify for subsidy under the NBS scheme.”
8The Memorandum says: “some SSP companies are purchasing imported rock phosphate from sources other than the above mentioned sources on the grounds that they are small units, have limited working capital, or they don’t have resources/capabilities to import rock phosphate in bulk quantities. After purchase of rock phosphate, they submit requests to the Department for regularization of such purchases other than from approved sources.”
  Details

MMTC seeks offers for supply of ammonium sulphate

July 25: MMTC Limited has invited bids for prompt delivery of 25,000 tonnes of ammonium sulphate (caprolactum grade) at Tuticorin port.
8The last date for submission of tenders is 4th August 2014.The bidders are required to keep their offers valid till 14th August by which MMTC is likely to take a final decision on the tenders.
8The tender document says: “All bidders except MTPL, a 100% subsidiary of MMTC, & producers shall submit bid bond of USD 1 PMT or equivalent Indian Rupees for the offered quantity including plus tolerance (as per attached format). On award of the contract, successful bidder, except MTPL shall establish a performance guarantee bond in the format prescribed by MMTC at 3% of contract value within ten days from the date of letter of intent.”
  Details

Cut in gas supply to P&K Fertilizers: Deepak Fertilizers cries foul

July 24: Deepak Fertilizers and Petrochemicals Corporation Ltd. (DFPCL) is upset by the recommendation of the Department of Fertilizers (DOF) for recommending to the petroleum ministry the stoppage of KG-D6 gas to their fertilizer complex for production of phosphatic and potassic ertilizers.
 
8DFPCL has called the action grossly unjust, arbitrary and discriminatory, claiming that this action is in clear contravention to and outside the framework of the EGoM mandate, and hence, should not be acted upon.
 
8
The DOF has been accused of doing a volte face from its earlier position when it fully supported the claim for gas by Deepak Fertilizers.
 
8
The company has sent a dissent note to the petroleum ministry, stating that they are constrained to put the ministry on notice for the contravention to the mandate given by the Empowered Group of Ministers (EGOM)
 
8The company has further stated that this decision would have a massive impact on the survival of their fertilizer business and people employed in its factory

 
8The DOF and the petroleum ministry however are of the view that cheap domestic gas is only allocated for production of urea and not for phosphatic and potassic fertilizers and this was the reason why allocation of D-6 gas is sought to be withdrawn to units manufacturing non-urea fertilizers.
  Details

NFL moots TQM study of its urea plant at Panipat

July 24: National Fertilizers Limited (NFL) intends to undertake a total quality management (TQM) study at its urea plant located at Panipat in Haryana.
8In its tendering invitation for the study, NFL says that the selected consultancy firm would carry out TQM study and its implementation at 1500 tonnes per day (tpd) urea plant that is based on “Mitsui-Toatsu Total Recycle ‘C’ Improved Process” of Toyo Engineering Company of Japan.
8The scope of the assignment would include assessing overall management system and understanding its expectations, gauging top management orientation for TQM, creating awareness among shop floor people and promotion of quality circles.
8The study would formulate implement priority initiatives based on the assessment and work out staff training on systematic problem solving. The consultancy firm would do handholding and facilitation for implementation of priority initiatives.
8The study would also focus on aligning the company for higher performance and policy deployment for achieving overall organizational objectives.
8The company operates a gas-based 2,97,000 tonnes per annum (tpa) ammonia plant and a 5,11,500-tpa urea plant at the site.
  Details

TCL to set up its 2nd SSP plant at Haldia fertilizers complex

July 24: Tata Chemicals Limited (TCL) has proposed to set up its second single super phosphate (SSP) unit at its fertilizers-cum-chemicals complex at Haldia.
8In an application submitted to the Ministry of Environment and Forests (MOEF), the company has sought approval for terms of reference (TOR) for undertaking EIA studies on the proposed 1000 tonnes per day (tpd) granulated SSP plant.
8TCL says: “Recently there is a large demand in the market for Single super phosphate after the introduction of Nutrient based subsidy which was introduced sometime back and DAP fertilizer have become very expensive.TCL proposes to add a new standalone SSP plant of 1000 Mt/ Day capacity manufacturing Granulated SSP.”
8The plant would be based on “Total H2SiF6 Recycle Process” and its technology would be sourced from an “eminent technology provider.” It adds.
  Details

CIL boosts its Q1 net profit by 76.44%

July 23: Coromandel International Limited (CIL) has increased its net profit by 76.44% to Rs 25.32 crore in the first quarter (April-June 2014) of current financial year from Rs 14.35 crore in the corresponding period of previous year.
8
The increase in profit was facilitated by decrease in financing cost, increase in other operating income and investment-related other income, apart from increase in sales.
8The net income from operations grew to Rs 1685.41 crore from Rs 1644.08 crore, according to stand-alone results.
  Details

RCF gears up for safety audit of Trombay production complex

July 22: Rashtriya Chemicals and Fertilisers Limited (RCF) is seeking offers from appropriate companies for undertaking safety audit of its seven plants at Trombay production complex.
8The company says that the Safety Audit shall be carried out as per IS 14489:1998 (Code of practice on Occupational Safety and Health Audit).
8The plants/facilities to be covered by audit are: Ammonia unit I and Storage, Methyl Amine Plant, Effluent Treatment Plant, Sewage Water Treatment Plant, New steam Generation Plant, Work Shop-Electrical, Mechanical, Auto and Instrumentation and all Stores.
8The scope of the audit would include: 1) Organizational attitude covering safety policy, safety organization, safety committees, safety instructions, work permit system and safety manual. 2) Industrial hazard control methods, safe operating procedures and their application. 3) Hazards control and maintenance of records & verification system. 4) Supervisory involvement, motivation and training - including job hazard analysis, safety training, training for specialized operations, safety promotion and publicity etc. and 5) Accident investigation, record keeping and reporting procedures including previous accident records, methodology of accident investigation, accident analysis records, proper reporting of accidents.
  Details

 
July 22: KCFL expects Achche din (good days) for SSP segment   Details
July 21: GSPC's DDW field to start production: Fertilizer ministry told to line up consumers   Details
July 21: MMTC gears up to import 30,000 tonnes of APS complex fertilizer   Details
July 21: NFL solicits bids for supply of 60,000 tonnes of DAP   Details
July 18: DSL to hike borrowing limit; to retain the post of CMD   Details
July 18: RCF seeks tenders for supply of ammonium sulphate   Details
 
The content here is only meant for those companies and individuals with a valid subscription or registration. The unauthorised redistribution of this content via e-mail, floppy disk, or hard copy to any person, company, subsidiary company, or organisation in India, Europe, the US or elsewhere, who is not a subscriber or a registered member, is an infringement of Indian, UK, US and international copyright. Indian Fertiliser Dot Com, publisher of indianfertilizer.com reserves the right to cancel the subscription or registration without compensation and to initiate legal action for breach of copyright and damages against the employer or any individual discovered to have redistributed content belonging to indianfertilizer.com to a person, company, subsidiary company, or organisation that is not a subscriber or a registered member.
Copyright 2003-2013 www.indianfertilizer.com. All rights reserved