• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Foreign Exchange

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kochi, Nov. 29

The public sector FACT and Kerala State Co-operative Rubber Marketing Federation (Rubbermark) have entered into a joint venture for producing granulated mixture of fertilisers.

The Rs 15-crore project will be set up at Vazhakkulam in Ernakulam district. The project report in this regard was handed over to Mr T.H. Musthaffa, President of Rubbermark, by Mr George Sleeba, CMD of FACT, at a function at Mudikkal, near Aluva.

A memorandum of understanding which facilitates Rubbermark to undertake the work of mixing of various fertilisers produced by FACT was signed on the occasion. Another MoU, which authorised Rubbermark to operate a stock point dealership for FACT fertilisers was also handed over at the function.

Inaugurating the function, Mr M.M. Monayi, MLA, said the fertilisers of FACT were in high demand and there was scarcity in the market. The new arrangement would prove beneficial to the farming community.

Mr Musthaffa said mixing operations would be carried out at the Rubbermark mixing units at Chadayamangalam, Mudikkal, Kozhikkode and Nilambur. A total of 1 lakh tonnes of fertilisers would be mixed in a year.

Mr Sleeba said the stock point concept, existing in several States, was being introduced in Kerala. Though the company had supplied 13,000 tonnes of fertilisers in the Kerala market in a month, there was acute shortage. The stock point dealership would prevent malpractice and unauthorised distribution.

A range of crop specific fertilisers and organic fertilisers would be distributed through the new set-up. Unlike the physically mixed fertilisers, the granulated mixture ensures uniformity of ingredients and quality of the product.

More Stories on : Alliances & Joint Ventures | Fertilisers | Rubber | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line