Last 55.60 INR
Change Today -1.00 / -1.77%
Volume 2.8M
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rashtriya chemicals & fert (RCF) Snapshot

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06/17/14 - 70.90
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rashtriya chemicals & fert (RCF) Details

Rashtriya Chemical and Fertilizer Limited manufactures and sells fertilizers and industrial products primarily in India. It offers basic chemicals, such as methanol, sodium nitrate, sodium nitrite, ammonium bicarbonate, methylamines, dimethyl formamide, and dimethylacetamide. The company also provides various fertilizers, including Suphala 15:15:15, a granular natural color fertilizer used in the cultivation of sugarcane, cotton, jute, fruit crops, tea, and coffee; Ujjwala urea, a chemical fertilizer; Biola, a bio-fertilizer that solublizes the fixed phosphorus in the soil and makes it available to the crops; Sujala 19:19:19, a water soluble fertilizer that contains nitrogen, phosphorus, and potash for crops grown in green houses, as well as other field crops; and Microla, a liquid micronutrient fertilizer. In addition, it offers soil testing and farmer training services; and publishes a monthly farm magazine under the name of RCF Sheti Patrika. Rashtriya Chemical and Fertilizer Limited was incorporated in 1978 and is based in Mumbai, India.

Founded in 1978

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rashtriya chemicals & fert (RCF) Key Developments

Coal India Plans to Set Up INR 100,000 Million Joint Venture with GAIL India, Rashtriya Chemicals & Fertilizers and The Fertilizer Corporation of India

The Coal India behemoth has firmed up planned to set up a INR 100,000 million joint venture with GAIL India, Rashtriya Chemicals & Fertilizers (RCF) and The Fertilizer Corporation of India (FCIL) to set up a urea and ammonium nitrate chemicals complex, which will run on gasified coal. A Coal India also announced that the company has already appointed Projects and Development India Ltd. to conduct a feasibility study on the chemical complex. The plan is to use around 6-7 million tonnes of coal from Talcher coalfields in Odisha and manufacture 3,00,000 tonnes of urea annually and 300-400 tonnes of ammonium nitrate per day. While GAIL will be responsible for technology sourcing for coal gasification from global suppliers, FCIL and RCF will use the gasified coal to manufacture ammonia nitrate and urea. There would be two joint ventures the first with GAIL for coal-gasification and second with FCIL and RCF for manufacturing ammonium nitrate and urea. Coal India is likely to hold a majority stake in the second JV.

Rashtriya Chemicals And Fertilizers Limited, Board Meeting, Jun 26, 2014

Rashtriya Chemicals And Fertilizers Limited, Board Meeting, Jun 26, 2014. Agenda: To consider Postal Ballot seeking approval of the shareholders on the following proposals; and to consider appointment of Shri B. V. Dholakia, Company Secretary in Practice of M/s. Dholakia & Associates as Scrutinizer for conducting the Postal Ballot process in fair and transparent manner.

Gujarat Narmada Valley Fertilizers And Rashtriya Chemicals Reportedly Seeks Partners For Urea Joint Venture

Gujarat Narmada Valley Fertilizers & Chemicals Limited (BSE:500670) and Rashtriya Chemicals And Fertilizers Limited (BSE:524230) have together commissioned SBI Capital Markets Ltd (SBICap) to find Iranian partners for a urea plant they want to build in the petrochemicals hub at Chabahar in south-western Iran, seeking to take advantage of low gas prices in that country to produce the farm nutrient. The project by Rashtriya Chemicals and Fertilizers Ltd (RCF) and Gujarat Narmada Valley Fertilizers and Chemicals Ltd will cost an estimated INR 70 billion, according to two fertilizer ministry officials who spoke on condition of anonymity. "SBICap will make a list of potential partners from Iran for the joint venture," said one of the two officials cited above. SBICap, an arm of State Bank of India, was commissioned last week after consultations with the fertilizer ministry. "We got the mandate only a few days back. It is too premature to comment on specifics," said an official at the investment bank who requested anonymity.


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