Ferro Alloys Corporation LimitedNoida, Uttar Pradesh
Products and Services
- Stainless Steel
- High Carbon Ferro Chrome
- Ferro Alloys
- Facor Alloys
Founded in 1955 by Late Shri Durgaprasadji Saraf, expanded and diversified by Late Shri Umashankarji Agrawal, the eldest son of the founder and the Chairman & Managing Director of the Group. Ferro Alloys Corporation Limited, widely known as FACOR...read more
Awards / RecognitionISO 9001:2000 company
About UsFerro Alloys Corporation Limited (FACOR) incorporated in 1955 is one of the India's largest producers and exporters of Ferro Alloys, an essential ingredient for manufacture of Steel and Stainless Steel. It exports to several countries like Korea, Japan, Italy, Netherlands, USA, Turkey, China and Taiwan. Facor Group, started its journey in 1956 from a Ferro Manganese plant at Shreeramnagar in Andhra Pradesh has come a long way. Today, FACOR stands synonymous to a name, which employs experience, resources and technical know-how, not only in technology but in quality as well.
Post trifurcation of the Facor group into 3 independent entities in 2004 under a demerger scheme, FACOR has the capacity to produce 65,000 TPA of Charge Chrome / Ferro Chrome and 2,50,000 TPA of Chrome Ore at its Plant in Orissa. It has also established a mining complex at Bhadrak in Orissa for the mining of Chrome Ore, the main raw material for the production of Charge Chrome/ Ferro Chrome. Stringent quality control for both raw materials and finished products is maintained. FACOR has been accredited with ISO 9001:2000 standard, which coupled with other control measures adopted by the Company, enables it to maintain its world wide status as a producer of quality products. Alongwith strengthening its industrial activities, which include marketing, production and technology development, FACOR continuously strives towards creating new products of high technology.Alongwith strengthening its industrial activities, which include marketing, production and technology development, FACOR continuously strives towards creating new products of high technology. Known for its positive attitude, every FACOR venture is a milestone in itself.
Board of Directors
- Mr.R.K. Saraf (Chairman & Managing Director)
- Mr. Manoj Saraf(Managing Director)
- Mr Vineet Saraf
- Mr. Ashish Saraf(Joint Managing Director)
- Mr. Rohit Saraf (Joint Managing Director)
- Mr. Pinaki Misra (Director)
- Mr. A.S. Kapre (Director)
- Mr. Arye Berest(Director)
- Late Rai Bahadur Durgaprasadji Saraf formed a company called R.B. Shreeram & Co. Pvt. Limited (R.B.S & Co.) in the name of his father Seth Shreeramji with its Head Quarters in Tumsar in the State of Maharashtra. R.B. S. & Co. becomes India's first pioneer miners of manganese ore with its mining activities in Andhra Pradesh in a village called Garividi which was later renamed Shreeram Nagar. R.B.S. expands activities to mining of iron ore in Goa.
- 13th March 1956, Ferro Alloys Corporation Limited (FACOR) is formed and India's first modernized Ferro Manganese Plant had been set up and commissioned in Shreeram Nagar.
- FACOR expands and sets up a Ferro Chrome Plant. FACOR expands in Orissa simultaneously and start mining Chrome Ore.
- FACOR promotes Vidharba Iron & Steel Co. (VISCO) in Nagpur to produce Specialty Steel Products.
- FACOR sets up India's first 16 MVA totally indigenous plant in Shreeram Nagar.
- Asia's First and largest single 45 MVA Furnance set up at the company's Charge Chrome Plant in Orissa. The plant was inaugurated by the then President of India Shri Zail Singh in a new township called DP Nagar.
- FACOR diversifies into chemicals and sets up Indian Maize and Chemicals Ltd.
- FACOR installs 50 MW diesel power plant, the first of its kind on land with five 10 MW DG sets supplied by MAN B&W, Germany.
- FACOR is trifurcated to three Public Limited Companies:
- i) Ferro Alloys Corporation Ltd.
- ii) FACOR Alloys Ltd.
- iii) FACOR Steel Ltd.
- Facor Power Ltd. incorporated to undertake business of generation of electricity.
- Facor Realty And Infrastructure incorporated for foray in Real Estate Business.
- Year of Establishment
- Nature of Business
Noida - 201301
Uttar Pradesh, India