FACT സന്ദർശിച്ച് കേന്ദ്രമന്ത്രി | The Fertilisers And Chemicals Travancore Limited |

The Fertilisers And Chemicals Travancore Limited (FACT) became incorporated in the year 1943 as the first huge-scale fertilizer plant in India at Udyogamandal, Kochi, Kerala. FACT began manufacturing in 1947. Initially inside the Private Sector, promoted by using M/s.Seshasayee Brothers, FACT have become a Public Sector organization in 1960 and the Government of India have become the primary shareholder in 1962. FACT is underneath the executive manipulate of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India.

From a modest beginning, FACT has multiplied and varied right into a multi-divisional corporation with various activities. The discern division at Udyogamandal underwent four degrees of enlargement till the year 1972, upgrading era and increasing potential. In the 1960’s, recognising the need for growing indigenous abilties for layout and production of Chemical and Fertiliser Plants, FACT hooked up an Engineering & Consultancy wing FEDO (FACT Engineering & Design Organisation). A Fabrication Division FEW (FACT Engineering Works) was also established in 1966.

Another fertilizer unit,. Cochin Division became hooked up in two stages at Ambalamedu close to the BPCL-Kochi Refineries. Phase-I, with the Ammonia-Urea Complex commissioned in 1973 and Phase-II which includes Sulphuric Acid, Phosphoric Acid and Complex Fertiliser Plant commissioned throughout 1976-78.

FACT elevated similarly with the commissioning of the Petrochemical Division at Udyogamandal for production of Caprolactam at some point of 1990-ninety one and noticed FACT diversify into the then dawn Petrochemical enterprise.The new Ammonia Plant turned into set-up at Udyogamandal at a price of Rs.638 crore and commissioned during March 1998.

The Authorised Share capital of the Company is ₹ one hundred crore fairness shares of face value of ₹10/- each (₹.One thousand crore). The issued and subscribed Share Capital is ₹.647.07 Crore.

It became Sir C.P Ramaswamy Iyer, the then Diwan of Travancore who stood in the leading edge, cleared all obstacles and paved the way for setting up of FACT in a till then remarkable village in Kerala, Udyogamandal. FACT became fortunate sufficient to have had very illustrious persons to lead it at some point of its onward adventure.

Shri M.K.K Nair, an remarkable administrator and visionary, led FACT from 1960 to 1971. He became the longest serving MD and it changed into for the duration of his tenure that FACT flourished with putting in place of diverse vegetation to beautify manufacturing, status quo of Engineering consultancy department (FEDO) and fabrication unit (FEW). The paintings at the established order of some other manufacturing unit in Ambalamedu, Cochin Division become additionally started out in the course of this era.

During its onward adventure, FACT had its u.S.A.And downs and now stands as considered one of the most important fertiliser companies of the usa and an ardent exemplar of the triumph of the public region.



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