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| predecessor = | | predecessor = | ||
| successor = | | successor = | ||
| foundation = 1956 <ref>http://www.facorgroup.in/profile.asp</ref> | | foundation = 1956 <ref>{{Cite web|url=http://www.facorgroup.in/profile.asp|title=::.FACOR.::Ferro Alloys Corporation Ltd}}</ref> | ||
| founder = Sreeman Seth Durgaprasadji Saraf <ref>Sreeman Seth Durgaprasadji Saraf</ref> | | founder = Sreeman Seth Durgaprasadji Saraf <ref>Sreeman Seth Durgaprasadji Saraf</ref> | ||
| defunct = | | defunct = | ||
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| location = | | location = | ||
| locations = | | locations = | ||
| area_served = South Asia-China, Japan, Korea, Indonesia & Taiwan, Europe- Netherlands, Germany, Italy, United States and Canada <ref>http://www.facorgroup.in/reach.asp</ref> | | area_served = South Asia-China, Japan, Korea, Indonesia & Taiwan, Europe- Netherlands, Germany, Italy, United States and Canada <ref>{{Cite web|url=http://www.facorgroup.in/reach.asp|title = ::.FACOR.::Ferro Alloys Corporation Ltd}}</ref> | ||
| key_people = Mr. R K Saraf, Director & [[Managing Director|MD]]<ref>{{cite web|url=http://economictimes.indiatimes.com/ferro-alloys-corporation-ltd/infocompanyhistory/companyid-13792.cms |title=FERROALL History | Ferro Alloys Corporation Ltd Company History & Profile |publisher=Economictimes.indiatimes.com|date= |accessdate=2010-12-08}}</ref> | | key_people = Mr. R K Saraf, Director & [[Managing Director|MD]]<ref>{{cite web|url=http://economictimes.indiatimes.com/ferro-alloys-corporation-ltd/infocompanyhistory/companyid-13792.cms |title=FERROALL History | Ferro Alloys Corporation Ltd Company History & Profile |publisher=Economictimes.indiatimes.com|date= |accessdate=2010-12-08}}</ref> | ||
}} | }} | ||
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[[Ferroalloy]]s are used as deoxidizers and alloy additives in the [[steel]] manufacturing process. | [[Ferroalloy]]s are used as deoxidizers and alloy additives in the [[steel]] manufacturing process. | ||
The ferromanganese plant started production in 1957, equipped with three [[furnace]]s for production of high carbon ferromanganese and [[ferrosilicon]]. In 1969, a reduction furnace and a slag furnace were commissioned for the production of [[ferrochrome]]. The company independently, set up a 16 MVA furnace in 1981. | The ferromanganese plant started production in 1957, equipped with three [[Industrial furnace|furnace]]s for production of high carbon ferromanganese and [[ferrosilicon]]. In 1969, a reduction furnace and a slag furnace were commissioned for the production of [[ferrochrome]]. The company independently, set up a 16 MVA furnace in 1981. | ||
FACOR acquired a small steel plant at [[Nagpur]] in [[Maharashtra]]. In 1979, FACOR developed the technology to produce [[ferrochrome|charge chrome]] in their own [[Research and development|R&D]] wing. They have established a charge chrome plant at D.P.Nagar, Randia in [[Bhadrak district]] of [[Odisha, India|Odisha]] in 1983. It is a 100% Export Oriented Project with a production capacity of 50,000 tons per annum. FACOR signed an agreement with [[Marc Rich and Co. AG]] [[Switzerland]], as the sole selling agent of their entire charge chrome output for 10 years.<ref>{{cite | FACOR acquired a small steel plant at [[Nagpur]] in [[Maharashtra]]. In 1979, FACOR developed the technology to produce [[ferrochrome|charge chrome]] in their own [[Research and development|R&D]] wing. They have established a charge chrome plant at D.P.Nagar, Randia in [[Bhadrak district]] of [[Odisha, India|Odisha]] in 1983. It is a 100% Export Oriented Project with a production capacity of 50,000 tons per annum. FACOR signed an agreement with [[Marc Rich and Co. AG]] [[Switzerland]], as the sole selling agent of their entire charge chrome output for 10 years.<ref>{{cite news|url=http://www.business-standard.com/india/news/arcelormittal-eyes-stake-in-ferro-alloys-corp/392465/ |title=ArcelorMittal eyes stake in Ferro Alloys Corp |newspaper=Business Standard India |publisher=Business-standard.com |date=2010-04-20 |accessdate=2010-12-08|last1=Kumar |first1=Abhineet }}</ref> | ||
The plants at Sriramnagar have facilities for raw material handling, metal, and slag casting, crushing, sizing and other ancillaries apart from furnaces for the smelting of ferroalloys. The raw materials are manganese ore, [[chromite]] and [[quartzite]] ores with principal elements of [[manganese]], [[chromium]] and [[silicon]] respectively. They are obtained from the [[Andhra Pradesh]], [[Odisha, India|Odisha]], [[Madhya Pradesh]] and [[Bihar]] states. The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, [[Silicochrome]], [[Silicomanganese]], and [[Magnesium Ferrosilicon]], [[Ferromanganese]] etc., These alloys are tapped from electric arc furnaces in the molten state. They are prepared to the required size from 25 mm to 150 mm and transported to the various steel companies. The furnaces are connected to Two-stage venturi scrubber systems to maintain a clean environment in and around the production area. | The plants at Sriramnagar have facilities for raw material handling, metal, and slag casting, crushing, sizing and other ancillaries apart from furnaces for the smelting of ferroalloys. The raw materials are manganese ore, [[chromite]] and [[quartzite]] ores with principal elements of [[manganese]], [[chromium]] and [[silicon]] respectively. They are obtained from the [[Andhra Pradesh]], [[Odisha, India|Odisha]], [[Madhya Pradesh]] and [[Bihar]] states. The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, [[Silicochrome]], [[Silicomanganese]], and [[Magnesium Ferrosilicon]], [[Ferromanganese]] etc., These alloys are tapped from electric arc furnaces in the molten state. They are prepared to the required size from 25 mm to 150 mm and transported to the various steel companies. The furnaces are connected to Two-stage venturi scrubber systems to maintain a clean environment in and around the production area. | ||
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[[Category:Manufacturing companies established in 1955]] | [[Category:Manufacturing companies established in 1955]] | ||
[[Category:Steel companies of India]] | [[Category:Steel companies of India]] | ||
[[Category:Indian companies established in 1955]] | [[Category:Indian companies established in 1955]] | ||
[[Category:1955 establishments in Bombay State]] | [[Category:1955 establishments in Bombay State]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||
Latest revision as of 03:16, 30 December 2021
| Error creating thumbnail: File missing | |
| Industry | Ferros metal |
|---|---|
| Founded | 1956 [1] |
| Founder(s) | Sreeman Seth Durgaprasadji Saraf [2] |
| Headquarters | , |
Area served | South Asia-China, Japan, Korea, Indonesia & Taiwan, Europe- Netherlands, Germany, Italy, United States and Canada [4] |
Key people | Mr. R K Saraf, Director & MD[5] |
The Ferro Alloys Corporation Limited (FACOR) was floated in 1955 by the house of Sarafs and Mors to become the first major producer of ferromanganese in India.
The year 1956, marked the beginning of the Ferro Alloys Corporation Limited at Sriramnagar, Garividi, Vizianagaram district, Andhra Pradesh. The founder was Seth Shriman Durgaprasadji Saraf (1911–1988). The registered office is at Tumsar, Bhandara district, Maharashtra.[6]
Ferroalloys are used as deoxidizers and alloy additives in the steel manufacturing process.
The ferromanganese plant started production in 1957, equipped with three furnaces for production of high carbon ferromanganese and ferrosilicon. In 1969, a reduction furnace and a slag furnace were commissioned for the production of ferrochrome. The company independently, set up a 16 MVA furnace in 1981.
FACOR acquired a small steel plant at Nagpur in Maharashtra. In 1979, FACOR developed the technology to produce charge chrome in their own R&D wing. They have established a charge chrome plant at D.P.Nagar, Randia in Bhadrak district of Odisha in 1983. It is a 100% Export Oriented Project with a production capacity of 50,000 tons per annum. FACOR signed an agreement with Marc Rich and Co. AG Switzerland, as the sole selling agent of their entire charge chrome output for 10 years.[7]
The plants at Sriramnagar have facilities for raw material handling, metal, and slag casting, crushing, sizing and other ancillaries apart from furnaces for the smelting of ferroalloys. The raw materials are manganese ore, chromite and quartzite ores with principal elements of manganese, chromium and silicon respectively. They are obtained from the Andhra Pradesh, Odisha, Madhya Pradesh and Bihar states. The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, Silicochrome, Silicomanganese, and Magnesium Ferrosilicon, Ferromanganese etc., These alloys are tapped from electric arc furnaces in the molten state. They are prepared to the required size from 25 mm to 150 mm and transported to the various steel companies. The furnaces are connected to Two-stage venturi scrubber systems to maintain a clean environment in and around the production area.
FACOR has been accredited under ISO 9001:2000.[8]
The existing manpower at Sriramnagar is about 784 regular employees with 107 supervisory personnel, besides 1070 contract workmen.
In 2003, the charge chrome division along with the mining division in Odisha has been demerged as FACOR STEELS Ltd and the Ferro Alloys division at Garividi as FACOR ALLOYS Ltd.
References[edit | edit source]
- ↑ "::.FACOR.::Ferro Alloys Corporation Ltd".
- ↑ Sreeman Seth Durgaprasadji Saraf
- ↑ "Facor Steel Ltd,Nagpur". Facorsteel.com. Archived from the original on 16 October 2010. Retrieved 8 December 2010.
- ↑ "::.FACOR.::Ferro Alloys Corporation Ltd".
- ↑ "FERROALL History | Ferro Alloys Corporation Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 8 December 2010.
- ↑ "Facor Steel Ltd,Nagpur". Facorsteel.com. Archived from the original on 16 October 2010. Retrieved 8 December 2010.
- ↑ Kumar, Abhineet (20 April 2010). "ArcelorMittal eyes stake in Ferro Alloys Corp". Business Standard India. Business-standard.com. Retrieved 8 December 2010.
- ↑ "::.FACOR.::Ferro Alloys Corporation Ltd". Facorgroup.in. 19 March 2009. Archived from the original on 12 November 2010. Retrieved 17 December 2010.
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