Murugappa Group looks to purchase Nagarjuna Fertilizers

Published by Angharad Lock, Digital Assistant Editor
World Fertilizer, Friday, 17 March 2017 11:53

According to the Economic Times, India, the Murugappa Group’s Coromandel International is looking to purchase Nagarjuna Fertilizers and Chemicals, a urea producer. The paper expects that if a deal were to happen, it would be within the region of RS 3000 crore to RS 3600 crore.

A source told the Economic Times that “the talks between Murugappa group and NFCL are currently at a preliminary stage.”

The Murugappa Group’s Coromandel International is India’s largest private phosphate fertilizer company. This arrangement would see Coromandel International becoming the country’s largest fertilizer and urea company.

Read the article online at: https://www.worldfertilizer.com/nitrogen/17032017/murugappa-group-looks-to-purchase-nagarjuna-fertilizers/

Emmerson provides update on phased development strategy for Khemisset

Thursday 15 April 2021 14:15

Building on the Feasibility Study, the company has completed a concept study to examine the potential to develop Khemisset using a four-phased approach to reduce upfront capital costs and execution risk, and plan additional expansion stages to ensure that its economic value is fully developed.

You might also like