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MATIX FERTILISERS PLANT
India's ageing ammonia plants need upgradation, says industry body FAIIndia's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. The Fertiliser Association of India is urging ...
After Chinese export restrictions, fertiliser firms eye Russian soil for urea securityIndian fertilizer firms are set to establish a urea plant in Russia. This venture aims to secure essential raw materials like ammonia and n...
Matix Fertilisers to invest Rs 2,600 crore in specialty chemicals forayMatix Fertilisers and Chemicals is diversifying into specialty chemicals with a Rs 2,600 crore investment, establishing an isopropyl alcoho...
GEECL claims more than Rs 100cr from Matix Fertilizers over GSPA disputeGreat Eastern Energy Corporation Limited (GEECL) claims over Rs 100 crore from Matix Fertilisers & Chemicals Limited for breaching the term...
Govt planning to liberalise MDA policy to promote alternative fertilisers: Mansukh MandaviyaAt present, the government gives MDA of Rs 1,500 per tonne in the form of subsidy for scaling up production and consumption of city compost...
GAIL puts West Bengal on India's gas-map, hurl in greener, cheaper fuel for homes, automobilesThe 348-kilometer pipeline from Dobhi in Bihar to Durgapur in West Bengal is part of the Pradhan Mantri Urja Ganga project to take environm...
PM to dedicate infra projects in oil, gas sector at Haldia on February 7"Conducted an oil industry meet at Haldia ahead of PM@narendramodi ji's visit where he will dedicate to the nation oil, gas & road projects...
Motilal Oswal maintains buy rating on GAIL India, target price of Rs 150Buy GAIL (India) Ltd. at a price target of Rs 150.0 .
Normal monsoon means normal consumption of fertiliser in coming kharif season: Chhabilendra RoulThe new investment policy has attracted the private sector in fertiliser sector, says fertiser secretary.
Kochhars may have diverted 'kickbacks' to tax haven: Enforcement DirectorateThe former ICICI boss is being investigated over allegations of quid pro quo for loans to firms.
Rs 389 crore loans at centre of ED’s probe of KochharsAt the heart of this case is money received as loans by NuPower from Videocon & Firstland.
ICICI Bank loan row: Anatomy of a 'quid pro quo' dealA sum of Rs 453 crore was allegedly routed through two Mauritius-based companies- Matix Group and its holding entity Firstland Holdings Ltd...
Coal India, NTPC to form JV for revival of fertilizer plantsLast year, CIL had entered into a joint venture agreement with GAIL and fertiliser majors RCF and FCIL to incorporate a firm for setting up...
ONGC, NTPC and CIL to revive three urea plants with Rs 18,000 crore outlayThe secretaries of fertiliser, power, coal, petroleum and finance alongwith officials of various PSUs were also present at the meeting.
Essar Oil to ramp up coal gas production in BengalEnergy multinational Essar Oil is in the process of ramping up production of coal bed methane by four times.
Essar Oil's Raniganj production rises, becomes India's largest CBM gas producerGas from Raniganj will be supplied to Matix Fertiliser and Chemicals Ltd, having the world's largest single stream plant for ammonia and ur...
West Bengal attracted Rs 83000 crore investments in past 3 years: Amit MitraThe capital expenditure growth turned positive at 24.17 per cent in 2011-12 and 64.53 per cent in 2012-13. Massive capital formation is und...
Matix to invest Rs 5,000 crore on phase 2 of Panagarh urea projectThe company is planning to use coal bed methane (CBM) gas as feedstock which will be sourced from Essar Oil's Raniganj block. For this, a d...
Fertilizer Ministry receives proposals from 11 companies for new urea capacityThe annual demand of urea in the country is around 30 million tonnes, whereas the domestic production is around 22 million tonne.
IFFCO, Tata Chemicals among firms willing to invest in urea sector: Srikant JenaCompanies like IFFCO, Tata Chemicals, RCF are among the 14 fertiliser firms who have shown interest in investing in the country's urea sect...