Mangalore Chemicals restarts operations at urea plant.

Mangalore Chemicals and Fertilizers (MCF), which had stopped operations at its naphtha-based urea plant in Mangaluru on October 1, resumed production recently.

Earlier, the Centre had asked naphtha-based urea manufacturing units to switch to gas as the feedstock before September 30.

It said those who continued with naphtha for the production of urea would not be eligible for subsidy.

However, the Centre issued a notification on Wednesday for continuation of subsidy to MCF for the next 100 days after receiving confirmation from the Karnataka State Government that it would waive value-added tax on naphtha, said KN Suryanarayana, President of Mangala Workers Union at MCF, told BusinessLine.

He further thanked both the State and Central governments for their support in resuming production at the plant.


HBL