The Ferro Alloys Corporation Limited

The Ferro Alloys Corporation Limited was floated in 1955 by the house of Sarafs and Mors and became the first major producers of Ferro Manganese in India. The founder father was Seth Shriman Durgaprasadji Saraf (1911-1988).

In the year 1956, marked the beginning of the Ferro Alloys Corporation Limited at Sriramnagar, Garividi, Vizianagaram district, Andhra Pradesh. The registered office is at Tumsar, Maharashtra.

The Ferro Alloys are used as deoxidizers and alloy additives in the Steel manufacturing process.

Ferro Manganese Plant started the production in 1957 equipped with three furnaces for production of High Carbon Ferro Manganese and Ferro Silicon. In 1969, reduction furnace and slag furnace were commissioned for production of Ferro Chrome. The company has set up a 16 MVA furnace in 1981, using its own technical know-how, indigenous machinery and equipment.

FACOR has acquired a small steel plant at Nagpur in Maharashtra.

In 1979, FACOR developed the technolology to produce charge chrome in their own R and D wing. They have established a charge chrome plant at D.P.Nagar, Randia in Balasore district of Orissa in 1983. It is a 100% Export Oriented Project with a production capacity of 50,000 tons per annum. FACOR signed an agreement with Marc Rich and Co. AG Switzerland, as their sole selling agents of their entire charge chrome for 10 years.

The plants at Sriramnagar have facilities for raw material handling, metal and slag casting, crushing, sizing and other ancillaries apart from furnaces for smelting of ferro alloys. The raw materials are manganese ore, chromite and quartzite ores with principal elements of manganese, chromium and silicon respectively. They are obtained from the Andhra Pradesh, Orissa, Madhya Pradesh and Bihar states. The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, Silico Chrome, Silico Manganese and Magnesium Ferro Silicon, Ferro Manganese etc., These alloys are tapped from electric arc furnaces in molten state. They are prepared to the required size from 25 mm to 150 mm and transported to the various steel companies. The furnaces are connected to Two-stage venturi scrubber systems to maintain a clean environment in and around the industry.

FACOR has been accredited under ISO 9001 standard to maintain its worldwide status as the best producer of quality products.

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 Orissa has been demerged as FACOR STEELS Ltd and the Ferro Alloys division at Garividi as FACOR ALLOYS Ltd.

References

*FACOR-Golden Jubilee Memoir-2006.

taff Amenities and Welfare Activities

*The company has built a beautiful township in convert|300|acre|km2 of land

*Melvin-Jones road is laid down connecting Garividi village to the railway station with the help of Lions Club of Sriramnagar.

*Shreeram Hospital is built along with the E.S.I.Dispensary and OEU Lions Hospital for Eye care.

*There are 3 clubs for the recreation and relaxation of their employees. The Officer's Club has a flood-lit tennis court, billiards room, indoor shuttle court-cum auditorium, swimming pool and a good library.

*Educational facilities of high standard are made available from the primary level to postgraduate level. They include Shreeram Junior College, Shri Durgaprasad Saraf College of Arts and Applied Sciences.

*There are many places of worship built by the founders. They include Shreeram templex complex, Churches and Mosques.

*Kalyana Mandap for performing the marriages, pujas and other social and religious functions.

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