The Fertilisers And Chemicals Travancore Limited (FACT) was incorporated in the year 1943 as the first large-scale fertilizer plant in India at Udyogamandal, Kochi, Kerala. FACT started production in 1947. From a modest beginning, FACT has expanded and diversified into a multi-divisional organisation with varied activities. The parent division at Udyogamandal underwent four stages of expansion until the year 1972, upgrading technology and increasing capacity. In the 1960's, recognising the need for developing indigenous capabilities for design and construction of Chemical and Fertiliser Plants, FACT established an Engineering & Consultancy wing FEDO (FACT Engineering & Design Organisation). A Fabrication Division FEW (FACT Engineering Works) was also established in 1966.Another fertilizer unit, Cochin Division was established in two phases at Ambalamedu near the BPCL-Kochi Refineries. Phase-I, with the Ammonia-Urea Complex commissioned in 1973 and Phase-II consisting of Sulphuric Acid, Phosphoric Acid and Complex Fertiliser Plant commissioned during 1976-78.FACT expanded further with the commissioning of the Petrochemical Division at Udyogamandal for production of Caprolactam during 1990-91 and saw FACT diversify into the then sunrise Petrochemical industry. The new Ammonia Plant was set-up at Udyogamandal at a cost of Rs.638 crore and commissioned during March 1998.The Authorised Share capital of the Company is ₹ 100 crore equity shares of face value of ₹10/- each (₹.1000 crore). The issued and subscribed Share Capital is ₹.647.07 Crore.