Skip to main content

India's Competition Commission approves sale of Goa fertilizer plant

Published by , Editor
World Fertilizer,


The Competition Commission of India has approved the acquisition of the Zuarinagar plant of Zuari Agro Chemicals Ltd. (ZACL) by Paradeep Phosphates Ltd. (PPL). 

The board of ZACL approved the sale of the plant, located in Goa, earlier this year.

As a result of the acquisition, PPL shall acquire the business of developing and manufacturing urea and non-urea fertilizer products presently being carried out by ZACL at Zuarinagar.

PPL, part of the Adventz Group, is engaged mainly in the manufacture and sale of non-urea fertilizers, namely, diammonium phosphate and NPK fertilizers. It also imports and sells muriate of potash.

ZACL, a public listed company, is also a part of the Adventz Group. It is primarily engaged in the development and manufacturing of fertilizers in India.

Read the article online at: https://www.worldfertilizer.com/phosphates/30062021/indias-competition-commission-approves-sale-of-goa-fertilizer-plant/

You might also like

CF Industries announces emissions reduction project at Yazoo City

CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

India fertilizer news Urea news