MCF plant resumes production.

Mangalore Chemicals and Fertilizers (MCF) Ltd., which was forced to shut down some of its units following water scarcity in Mangaluru in mid-May, commenced the production of ammonia, urea and ammonium bi-carbonate (ABC) units recently.

The company informed the stock exchanges that the ammonia, urea and ABC production commenced from June 12 in view of the onset of monsoon and normalisation of water supply to the plant. Mangalore City Corporation, which supplies water to the MCF plant, had reduced the supply of water from May 14 following the depletion of reservoir level at Thumbe vented dam near Mangaluru.

The reservoir also supplies drinking water to Mangaluru city. On Wednesday, the scrip of MCF closed at ₹39.5 on BSE, down 0.26 per cent, against the previous close of ₹39.15.

HBL