1. Deepak Fertilisers resumes production at Taloja unit

Deepak Fertilisers resumes production at Taloja unit

A year after Deepak Fertilisers and Petrochemicals Corporation (DFPCL) had stopped production at the Taloja unit, the company resumed the production of Nitro Phosphate fertilisers from the facility.

By: | Published: June 24, 2015 1:00 AM

A year after Deepak Fertilisers and Petrochemicals Corporation (DFPCL) had stopped production at the Taloja unit, the company resumed the production of Nitro Phosphate fertilisers from the facility.

The plant had been shut after the ministry of petroleum and natural gas discontinued the supply of domestic natural gas. The company had appealed against the government’s move in the Delhi High Court, which is yet to announce verdict.

DFPCL decided to resume production on demand from farmers and farm cooperatives, the company said in a release to BSE on Tuesday. “The company’s decision was not driven by commercial considerations but out of concern for farmers,” the company said. But this is a critical product for the company as a third of the company’s turnover came from fertilisers.

In FY14, DFPCL’s fertiliser sales turnover had crossed Rs 1,000-crore mark.

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