FACT, public sector fertiliser major, has chalked out Rs 6,500 crore investment plans under its Vision 2020 Plan.

The company intends to enhance its production capacity of fertilizers to 20 lakh tonne, and fertilizer trading level of 10 lakh tonne by 2020.

The current production capacity of fertilizer of the company is 6.66 lakh tonne which comprises Factamfos and Ammonium Sulphate and another 15,500 tonne of Caprolactam. FACT is planning to enhance the capacity of Factamfos plant by adding 1,000 tonne per day (TPD) stream at Kochi division, and by setting up a 2,800-TPD ammonia and 3,500 TPD urea project. The proposals have already been submitted to the Union government.

As far as trading of imported fertiliser is concerned, FACT has entered into an agreement with MMTC to import two lakh tonne of complex fertilisers and potash to supplement its own production, and thereby, to enhance the company's presence in the market.