India fertilizer news

The Competition Commission of India has approved the acquisition of the Zuarinagar plant by Paradeep Phosphates from Zuari Agro Chemicals.

The agreed selling price in the contract is US$280/t CIFFO Indian ports, US$50/t above the previous contract.

The Goa plant of Zuari Agrochemicals is engaged in the manufacture, distribution, imports and sale of urea, DAP and various grades of NPK fertilizers, with a total installed capacity of 1.2 million tpy.

Casale will study the modifications required to boost the output by 15% to 25%, depending on the fertilizer grade to be produced, as well as furnish one new Pipe Reactor to replace the existing one in the granulator.

The potash producer Uralkali has commented on the conclusion of a long-term contract between Belarusian Potash Co. (BPC) and IPL, an Indian mineral fertilizer importer.

Grasim Industries divests its fertilizer business, Indo Gulf Fertilizers (IGF), to Indorama Corp. for Rs 2649 crore.

According to GlobalData, the global urea capacity is posed to see considerable growth by 2030, with India accounting for 21% of additions.

K. Ravichandran, Varun Gogia and Ravish Mehta, ICRA, India, provide an outlook for the Indian fertilizer sector.

K. Ravichandran, Varun Gogia and Ravish Mehta, ICRA, India, provide an outlook for the Indian fertilizer sector.

Arab Potash has said the terms and conditions are in line with contracts in place in the Indian market.