FACT, RCF unite for gypsum panel plant
FACT-RCF Building Products, an equal joint venture between
Kerala-based Fertilisers and Chemicals, Travancore, and Mumbai-based Rashtriya
Chemicals and Fertilisers Ltd, expects to start work on its gypsum product
manufacturing unit by June-end. The foundation stone for the project was laid on
May 3, at the hands of Union Minister for Fertilisers and Chemicals Ram Vilas
Speaking to Projectmonitor, a senior official of FACT in Kochi said that the new
unit would manufacture panels using gypsum and fibre. The unit will be located
at Ambalamandalam near Kochi in Kerala, in the vicinity of one of FACT's
production unit. The official also said that land was already in possession.
"The plant will cost an estimated Rs 90 crore and is expected to be ready by
June next year," he said.
Explaining the rationale, the official said that FACT was in possession of huge
amounts of gypsum that is a byproduct during the manufacture of phosphoric acid
from rock phosphate. The plant will provide high value-added products and would
find application in the rapidly-growing construction segment, he noted.
Australia-based Rapid Building System (RBS) would provide the technical knowhow.
RBS has already entered into a joint venture with RCF for a similar plant near
RCF's production unit at Trombay in Mumbai.
[May 12-18, 2008]