Mukhtar Khan

Matix Fertilisers and Chemicals Limited

One of India's fastest-growing fertiliser companies. Matix Fertilisers and Chemicals Ltd owns and operates a fully-integrated, gas-based urea plant in Panagarh, West Bengal. The 1.27 MTPA capacity plant is one of India's largest "single stream" fertiliser plants, with a 54 MW captive power unit, dual rake railway siding, and utilities spread across a campus of approximately 500 acres. The company has a 20-year long-term gas supply agreement with GAIL, India's largest gas supply company. The plant is covered as a green-field project under Government of India's (GOI) New Investment Policy for Urea. Matix's "Dr. Fasal" brand is the leader in India's Eastern market for urea fertiliser with a 25% market share, powered by a strong distribution network of nearly 700 dealers.