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PHOSPHORIC ACID PRODUCTION
GSFC plans Jamnagar acid plant to cut fertiliser input import dependenceIn a major move, Gujarat State Fertilizers and Chemicals has announced plans to establish a new plant in Jamnagar dedicated to the producti...- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsThe last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the sa...
- Fertiliser stocks: Combination of strong headwinds and structural repair. Who will win? 9 stocks, 4 with upside potential of up to 31%For the better part of a decade now, every time this critical sector has run into trouble, the government has stepped in. The clean-up bega...
- Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTelIndian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players ...
- Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.
- Sulphur prices surge: Govt plans differential subsidies for DAP productionThe government plans to introduce differential subsidies for DAP under the Nutrient Based Subsidy scheme, with rates potentially varying ba...
- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsAs an investor, what you need to do at this point of time is this: A bit of extra work in terms of stock-picking so that you avoid anxiety ...
- First US phosphate fertiliser plant since 1984: Morocco’s OCP and CHS plan $450 million, 1-million-tonne Louisiana factory with nearly 1,000 jobsMorocco’s OCP and US farmer-owned cooperative CHS plan a $450 million Louisiana phosphate fertiliser plant, the first of its kind in Americ...
- Coromandel International to invest Rs 1,000 cr to set up plant in Andhra PradeshCoromandel International, which is mainly in the fertiliser business, will invest Rs 1,000 crore to set up a plant to produce phosphoric an...
- Sterlite's Tuticorin plant closure spiked sulphuric acid prices 4-fold in 6 mths: CEOThe copper smelter was producing 1.2 million tonne (MT) of sulphuric acid per annum, half of this was sold on a commercial basis; and 2,30,...
- Fertilizer companies to benefit from GST cut on phosphoric acid to 12% from 18%: ICRAThe cut in GST is likely to be positive for fertilizer manufacturers as it will benefit them in terms of lower input tax credits that will ...
- Will not buy phosphoric acid above USD 600/ton: Fertiliser companiesIt will be difficult to import phosphoric acid above USD 600 per tonne and no other Indian company can afford to import above this price, I...
- IFFCO's Jordan plant starts production of phosphoric acidAwasthi in a tweet from his twitter handle @drusawasthi said, "Jordan India Fertiliser Company (JIFCO) has started production of Phosphoric...
- Aditya Birla Chemicals acquires division of Solaris Chemtech"This strategic acquisition further strengthens our position in the Chlor-Alkali business," Kumar Mangalam Birla said.
- GSFC to receive raw material supply from Tunisian JV by MarchThe commissioning of the plant has got delayed due to political turbulence in Tunisia.
- Gujarat State Fertiliser Corporation awaits urea policy, to set up Rs 8K-cr petrochem complexThe Gujarat State Fertiliser Corporation has drawn up Rs 8,000 crore investment for setting up an integrated fertiliser and petrochemicals ...
- IFFCO to raise Rs 1,500 cr for its Jordan JV projectFertiliser coop giant Iffco has signed the financing agreements for its Jordan venture, Jordan India Fertiliser Company(JIFCO).
- Paradeep Phosphate Ltd to set up new sulphuric, power plantsParadeep Phosphates Limited (PPL) will invest about Rs 500 crore to set up new plants and undertake major expansion work over the next thre...
- Govt mulls imposing anti-dumping duty on phosphoricacid importGovernment is considering imposing anti-dumping duty on imports of phosphoric acid, used by detergent and drug manufacturers, to guard the ...
- IFFCO to set up JV plant in JordanFertiliser major IFFCO has signed an MoU with Jordan Phosphates Mines Company (JPMC) for setting up a 1,500 tonne phosphoric acid plant in ...
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