An agreement between Russia's PhosArgo and India's Indian Potash Ltd (IPL) along with RDIF, will see the supply of 2 million t of fertilizer to India.
Metals and Minerals Trading Corporation of India (MMCT) has excluded the use of Iranian urea from its tender due to its status as a sanctioned country.
Indorama, an Indian fertilizer importer, has raised its retail price in the domestic market from Rs28 000/t to Rs29 000/t.
Indian fertilizer importers Zuari and MCFL have both raised the maximum retail price of MOP fertilizers to Rs18 980/t (US$262/t).
Topsoe has signed a shareholder agreement for a 11.7% stake in the Ramagundam fertilizer plant in Telangana, India, together with the Danish government-owned fund IFU and The Danish Agribusiness Fund (DAF).
Participating in a panel discussion, Niti Aayog member Ramesh Chand, stated that India's public spending on agriculture R&D is starting to rival that of China.
Haldor Topsoe has announced that it has been awarded a contract by TechnipFMC for the license and engineering of two 2200 tpd ammonia plants.
Priyanka Khemka, USA, and Thomas Heinrich, Bahrain, Nexant, provide a detailed look at changes in India's natural gas market and implications for the fertilizer industry.
Total external cost of the facility at Deendayal port in Gujarat is estimated at Rs1.38 billion (US$21 million), with the port also expected to invest a further Rs3.4 billion into the project.