FACT resumes caprolactam production

Move likely to add ₹700 crore to company’s turnover

Fertilizers and Chemicals Travancore has restarted production of caprolactam after a gap of nearly nine years years, making it a "momentous" event for the public sector company. While restarting caprolactam will add about ₹600 crore to ₹700 crore to the turnover of the company, the product from FACT will also be a major import substitution. The restarting of caprolactam production comes as the country is celebrating “Azadi Ka Amrith Mahotsav” in line with the nation’s vision of achieving self-sufficiency, said a communication from FACT here. FACT has a capacity to produce 50,000 tonnes of caprolactam per year. Caprolactam is produced in India by FACT and Gujarat State Fertilizer Company. There is a demand for 1.2 lakh tonnes to 1.3 lakh tonnes of caprolactam in the country annually and FACT expects to sell most of its product in the domestic market, considering the quality of the product and reputation enjoyed by the company.