MCFL swings to Rs 29.32 crore net loss in December quarterDuring the December 2014 quarter, the company's sales declined as production came down following the shut down of its lone urea plant.
Haldia Petrochemicals closure impact minimal on Indian Oil Corporation"We have switched to other product mix at Haldia refinery in the wake of closure of HPL and so the impact is not much," IOC's Y K Gupta sai...
MCFL and 2 other naptha-based plants resume production: Ananth KumarRecently, Deepak Fertilisers had said it has sold over 26 lakh shares, representing 2.2 per cent stake, in MCFL.
Fertilizer Ministry to move Cabinet for continuing subsidy to MCFL, others"The Karnataka Chief Minister Siddaramaiah requested for restarting the MCFL, I explained him the subsidy burden as urea's cost of producti...
Pasala Krishna Rao takes over as Director-Operations of OVLUnder Rao's leadership, Rajahmundry Asset made a global mark by selling Naptha produced in international market & Asset has bagged several ...
MCFL shuts urea plant as government permission expiresSources also added that further extension to these plants at the moment seems difficult as it will result in additional subsidy burden.
NRL commissions Naptha SplitterNumaligarh Refinery Ltd commissioned its Naphtha Splitter set up to facilitate supply of petrochemical grade naphtha to Assam Gas Cracker P...
- Bombay HC rules that PSUs are entitled for pre-exemptions in certain taxes
The Bombay High Court has ruled that public sector undertakings are entitled for pre-exemptions in certain taxes.
- ONGC's Tatipaka refinery begins MTO production
ONGC's Tatipaka refinery in East Godavari district has begun producing Mineral Turpentine Oil (MTO) even though this was not planned while ...
- IOC to commission Paradip refinery by Mar 2012
The refinery was originally planned to export at least 2.05 million tons of petrol and 124,000 tons of naphtha out of its yearly output of ...
- Supreme Court asks RIL to pay Rs 50 crore to BPCL
The Supreme Court on Monday asked Mukesh Ambani-owned Reliance Industries to pay Rs 50 crore within two weeks to BPCL for the price differe...
- Haldia Petro to shut plant for capacity expansion
Haldia Petrochemicals (HPL) on Tuesday said it would shut down its plant for almost two months starting from October this year to carry out...
- India's crude oil imports dip 3.5%
Crude oil imports dropped from 9.019 million in February last year to 8.701 million tonnes this year.
- FACT to import ammonia as naptha prices ups
High price of naphtha has forced fertilizer heavyweight FACT to go for import of ammonia after many years, even as the National Fertilisers...
- Govt to start 'on-line monitoring' of fertiliser
Chemicals and Fertiliser Minister Ram Bilas Paswan on Thursday said the Government will start district-wise 'on-line monitoring' of fertlil...
- Dabhol power project restarts
The beleaguered Dabhol power project has been re-started after a gap of nearly four months, Power Minister Sushilkumar Shinde said on Thurs...
- Deshmukh seeks more fuel for Dabhol power project
Maharashtra Chief Minister Vilasrao Deshmukh on Wednesday urged Union Petroleum Minister Murli Deora to ensure supply of adequate fuel for ...