RCF Considers Capex Investment

Rashtriya Chemicals and Fertilizers Limited (RCF), one of the leading fertilizers company in India with a diversified product portfolio comprising urea, complex fertilizers and industrial chemicals is undertaking a capex investment to reduce energy consumption at both its plants. This investment value is assessed at INR 9 Billion which would cover the Thal and Trombay units respectively. The investment would be materialized over a period of two years affecting favourably the capital structure of the company, thereby improving its project execution risks.