IFFCO is the largest fertilizer production and marketing cooperative in the world and has joint ventures in India and abroad in chemicals and fertilizers, commodities exchange, Insurance, Rural Telephoney, SEZs and energy sectors such as Oman India Fertilizer IFFCO Kisan SEZ Ltd. (IKSEZ), ICS - Senegal, NCDEX etc. IFFCO Kisan SEZ Ltd. (IKSEZ), ICS - Senegal, NCDEX, etc. IFFCO Tokyo General Insurance Ltd. (ITGI), IFFCO Chhattisgarh Energy Limited (ICPL) Five large chemical fertilizer plants located in Aonla and Phulpur in Uttar Pradesh and Kalol and Kandla in Gujarat and Paradeep in Orissa and with marketing offices in all states and territories of the Union with corporate offices located in New Delhi.
Indian Farmers Fertilizer Cooperative Limited, also known as IFFCO, is the largest cooperative fertilizer federation in the world based in India which is registered as a Multistate Cooperative Society. IFFCO has 40,000 member cooperatives. IFFCO has ranked # 37 in the top Indian companies in 2011 by the Fortune India 500 list.
History
On November 3, 1967, the Farmers' Allowance Cooperative of India (IFFCO) was registered as a Multi-Unit Co-operative Society. It received recognized recognition under the provisions of the Multistate Cooperative Societies Act 1984 & 2002 later.
Plants
Initially, IFFCO commissioned an ammonia - urea complex in Kalol and the NPK / DAP plant in Kandla, both in the state of Gujarat in 1975. Another ammonia - urea complex was established in Phulpur in the state of Uttar Pradesh in 1981. Ammonia - IFFCO recently acquired a unit of NPK / DAP and phosphoric acid fertilizer at Paradeep in Orissa in September 2005. The marketing of IFFCO products is channeled through cooperative societies and institutional agencies in more than 29 states and Trade unions Territories of India.
Production and Sales
During 2008-09, IFFCO produced 7,168,000 tons of fertilizer material; Recording a total capacity utilization of 98 percent for nitrogen and 53 percent for phosphate fertilizer. It contributes 21.4% of the country's total nitrogenous fertilizer production and 27% of total phosphatic fertilizer production in the same period. The productivity of the plant during the year stood at 1373 tonnes / person. The Company has also achieved another important milestone in the field of energy conservation by recording the total annual energy of 5,943 Gcal / tonne of urea. The Company has covered a record 11,258,000 tonnes of fertilizer during 2008-09.
