After 7 years, FACT all set to restart caprolactam production
The Hindu
Petrochemical is used as raw material for host of products
The public sector Fertilizers and Chemicals Travancore (FACT) is slated to restart caprolactam production later this week after a gap of more than seven years, making the event a landmark in the history of the company. Restarting caprolactam production promises to add about ₹600 crore to ₹700 crore to the turnover of the company. Caprolactam, a petrochemical product, basically goes into production of Nylon-6, which is a raw material for tyre cords, fishing nets, filament yarn, engineering plastics, and a host of other products. With Gujarat State Fertilizer Company and FACT being the only producers of caprolactam in the country, demand for the product is high, said FACT sources on Wednesday. They added that the company expected to sell most of its products in the domestic market, considering its reputation as a quality producer.
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