Ferro Alloys Corporation
Company type | Public |
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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
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
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,
FACOR has been accredited under
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
- ^ "::.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.