Rashtriya Chemicals and Fertilizers Ltd, a PSU under the Ministry of Chemicals and Fertilizers has started its Methanol Plant at Trombay Unit, Mumbai from 8th September 2020. This is a step towards Atmanirbhar Bharat Abhiyan.
Daily Current Affairs Quiz 2020
Key-Points
RCF has the capacity to produce 242 MT of Methanol per day. Till now, RCF has been importing Methanol for its internal consumption and also for trading purposes.
With Methanol production of its own, RCF shall no longer be dependent on imports for its own requirement and will also be in a position to satisfy the needs of other Methanol dependent industries.
With this, RCF has entered the select list of Methanol producers in the country, providing alternate to import and thus contributing towards Government’s ambitious ‘Atmanirbhar Bharat’ Abhiyaan.
Methanol is widely being used in the production of pharmaceuticals, pesticides, dyestuff etc. With very limited domestic production, the requirement was being met till now with imports.