Fertilisers and Chemicals Travancore (FACT) will become profitable in FY18, says CMD AB Khare in an interview to CNBC-TV18.

Plan to re-start production of Caprolactam in 2-3 months: FACT

Caprolactam fertilizer prices have shot up to USD 1890 per tonne, but FACT is not producing it for last 5 years, said the company‘s CMD AB Khare.

DBT scheme likely to be finalised in Budget, says FACT

Fertiliser stocks have been buzzing on the back of expectations that the government will focus on the agriculture and rural theme in the upcoming Budget.

May increase production as Caprolactam prices moved higher: FACT

"Since the price has started moving up, we have thought to start the production again", AB Khare, CMD of FACT told CNBC-TV18.

Dahej terminal will continue to be our heavy-lifter:Petronet LNG

The LNG importer's Dahej terminal had maximum capacity utilisation for the fourth quarter, and will continue to clock 120 percent going forward, says RK Garg Director-Finance, Petronet LNG. He adds that Dahej and Hazira terminals will be the only terminals operating for 6 months.

Optimistic about posting operating profit in FY17: FACT

In an interview to CNBC-TV18, Jaiveer Srivastava, CMD of state-run fertiliser company FACT says, the fertilisers industry, particularly urea, has benefited from certainty and uniform volumes of gas, the key raw material, coupled with stable pricing.

Rs 1,000 cr loan from govt to help revive production: FACT

Speaking to CNBC-TV18, Jaiveer Srivastava, Chairman & MD of FACT says the loan will help the company reduce its borrowings as well as improving its working capital.

Use of LNG to help save Rs 10-20 cr/month: FACT CMD

The company is also confident of upping their capacity utiliastion from the current 83 percent to 120 percent in the remaining weeks of the current fiscal, said Jaiveer Srivastava CMD, Fact.

VAT exemption will give benefit of Rs 103 cr a year: FACT

Kerala cabinet has decided to waive off value added tax (VAT) on natural gas supplied to Fertilisers and Chemicals Travancore (FACT), raising the prospects of an immediate revival of the company,