Public sector Fertilisers and Chemicals Travancore (FACT) has said it will foray into marketing of Neera, the non-alcoholic and nutritious drink from coconut flower sap, and other agro-products.
The aim is to procure Neera from manufacturers and market it, Fact chairman and managing director Jaiveer Srivastava said. The vascular sap collected from immature unopened coconut inflorescence, is popularly known as Neera in fresh form.
All over South India, FACT has about 8,000 dealers depots. Utilising this extensive network, the company proposes to market this product. Meanwhile, the Fact Engineering and Design Organisation (FEDO) will begin functioning independently from January 1 and open offices soon in various cities including Delhi and Mumbai and also in Middle East, he said, and added, "it will take up consultancy projects and we may go in for turnkey projects and execution."
The PSU is going for a Rs 8,000-crore expansion plan, including setting up of a Rs 5,200-crore new ammonia urea complex at Ambalamedu with a capacity of one million tonne a year, phosphoric and sulphuric acid plant,and a new factamfos plant at Cochin division. There is already a 2,000 tonne per day capacity factamfos plant at the Cochin division.
Urea is now being imported from Russia. About 80,000 tonne urea was imported last time.
The aim is to procure Neera from manufacturers and market it, Fact chairman and managing director Jaiveer Srivastava said. The vascular sap collected from immature unopened coconut inflorescence, is popularly known as Neera in fresh form.
All over South India, FACT has about 8,000 dealers depots. Utilising this extensive network, the company proposes to market this product. Meanwhile, the Fact Engineering and Design Organisation (FEDO) will begin functioning independently from January 1 and open offices soon in various cities including Delhi and Mumbai and also in Middle East, he said, and added, "it will take up consultancy projects and we may go in for turnkey projects and execution."
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It is targeting production of 30 million tonne of ammonium sulphate and factamfos by 2018-19 against the present production of 1 million tonne, he said.
The PSU is going for a Rs 8,000-crore expansion plan, including setting up of a Rs 5,200-crore new ammonia urea complex at Ambalamedu with a capacity of one million tonne a year, phosphoric and sulphuric acid plant,and a new factamfos plant at Cochin division. There is already a 2,000 tonne per day capacity factamfos plant at the Cochin division.
Urea is now being imported from Russia. About 80,000 tonne urea was imported last time.