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With around 19% market share in urea and around 31% market share in complex fertilisers (P2O5 terms), IFFCO is India's largest fertiliser manufacturer. The cooperative was ranked 66th on the Fortune India 500 list of India's biggest corporations as of 2017, [ 3 ] with a net worth of $2.6 billion as of March 2021.
RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. It is 4th largest Urea manufacturer in India after IFFCO, NFL and KRIBHCO. [5] The Government of India (through the President of India) holds 75% of the share capital of the Company as of December 2018. [6] [7]
During 2012–13, company sold 31.62 LMT of urea (including 10.92 LMT of Neem-coated urea). Industrial products of worth ` 956.3 million and Bio-Fertilizers (liquid and solid) of` 36.5 million were sold during 2012–13. Turnover of traded Agri products (compost, seeds, Bentonite sulphur and pesticides) was ` 300.8 million. [citation needed]
IFFCO Group is a business house based in Dubai, the United Arab Emirates. Founded in 1975 by Indian entrepreneur Abdul Razak Allana, the company is today managed by his sons Feroz, Irfan and Shiraz. [ 1 ]
Urea is usually spread at rates of between 40 and 300 kg/ha (35 to 270 lbs/acre) but rates vary. Smaller applications incur lower losses due to leaching. During summer, urea is often spread just before or during rain to minimize losses from volatilization (a process wherein nitrogen is lost to the atmosphere as ammonia gas).
As of fiscal year 2021–22, fertilizers such as diammonium phosphate, ammonium sulfate and urea generated over 60% of the company's revenue, while industrial products including caprolactam, nylon 6, melamine and MEK oxime contributed the remaining share. [4]
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KRIBHCO was incorporated on 17 April 1980 as a national level Multi State Cooperative Society by Paul Pothen to implement first gas based high capacity Fertilizer Complex consisting of 2 x 1890 MTPD Ammonia plants and 4 x 1662.5 MTPD Urea plants each with annual installed capacity of 8.91 Lakh MT Ammonia and 14.52 lakh MT of Urea at Hazira District-Surat, Gujarat, India based on natural gas ...
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