Fertilizers include both natural and artificial
substances that increase the productivity of agricultural land. The world’s
leading fertilizer producers are the Soviet Union and United States. Other
leading producers are China, Canada, France and India. The world’s leading
producer of phosphate rocks is the United States. The Soviet Union and Morocco
has the largest resources phosphate rock. India made impressive gains in the field of agricultural production and
harvested a record in food grains production of 230 million tons during
2007-2008. Introduction of HYV’s and hybrid varieties brought optimism about
fertilizer response superiority of modern varieties. The total nutrient
consumption (N+P2O5 +K2O) touched level of 264lakh million tones during
2009-10, the highest so far. Since the rain fed areas, which constitute 70% of
the cultivated areas, consume only 20% of the total fertilizers, the government
has been taking steps in recent years to increase the consumption of
fertilizers in these areas. Kerala has one of the lowest consumption of
fertilizer in the country per hectare of land area.
The Fertilizers and Chemicals Travancore Limited
(FACT), incorporated in the year 1943 at Udyogamandal, is a Multiproduct, Multi-Divisional
Company focused at manufacture and marketing of Fertilizers, Chemicals and
Caprolactam. FACT has a vision to emerge as a leading company in the business of providing
quality agriculture and industrial inputs and providing engineering services
for industrial and infrastructural facilities. The mission is to function as a
dependable and globally competitive producer of fertilizer and other allied
products and to develop self-reliance in the field
of engineering and technology, especially in the field of fertilizers,
chemicals, petrochemical, and oil & gas industries. It has 2500 employees
including contract labors. FACT is organized into Operation, Finance, Human Resource, Marketing and
Company Secratriaite department. There are 11 unions out of that 9 are approved unions. The
long term contract expired in 2008
During the financial year up to December
2014, the total sale of Fertilizers is 6.20 lakh MT compared to 6.98 lakh MT
for the corresponding period last year. Company sold 29,724 MT of imported
fertilizers during the current financial year up to December as against 39,962
MT during same period last year. Zinc
fortified Gypsum, FACT Organic, and Zincated Factamfos are also being sold in
the market. FACT has successfully converted its ammonia plant to support LNG as
feedstock on 4th October 2013 but captive production of ammonia was stopped
during January 2014 because of very high cost of LNG
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