Bid to utilise accumulated stock of gypsum
New product likely to be launched
in the next fertilizer season
FACT signs memorandum with
KOCHI: Fertilizers and Chemicals Travancore (FACT) is likely to launch a gypsum-based fertilizer with a view to using up its vast stock of gypsum at the company’s Ambalamedu and Udyogamandal divisions.
Company sources said here on Sunday that the process of evolving a brand and a pack for the product was on and that the new product was likely to be launched in the next fertilizer season. Gypsum can be useful in alkaline soil and for crops that need a certain amount of acidity in soil. FACT authorities have decided to launch the new product in view of the stock of gypsum it already has accumulated. Gypsum is a by-product from the manufacture of phosphoric acid and it is now widely used in the manufacture of cement.
Company sources said that the there is a stock of 60 lakh tonnes of gypsum with FACT for which there is a great demand from cement manufacturers, especially in South India.
FACT signed a memorandum of understanding with Kerala Government-owned Malabar Cements, Palakkad on Saturday. According to the MoU, Malabar Cements will purchase a minimum of 15,000 tonnes of gypsum from FACT over the next three months from FACT.
The MoU was signed by FACT chairman George Sleeba and K. Sreenivas, managing director of Malabar Cements, and Collector of Palakkad.
Meanwhile, it is learnt that the stock of sulphur at the fertilizer company is likely to last only till the middle of February unless the stock are replenished.
The chances of FACT procuring sulphur through the State-owned Small Industries Development Corporation (SIDCO) has dwindled as the Corporation was unable to furnish quality certificate for the commodity, it is learnt.
FACT authorities had expressed interest in obtaining between 30,000 and 35,000 tonnes of sulphur through SIDCO at a cost of US $320 a tonne.
However, the process has now been halted, sources said. If fresh stock of sulphur is not obtained, fertiliser production will once again be hit.