Coromandel Fertilisers & SQM forms JV |
By e4p Correspondent, Tuesday, April 28, 2009, 15:33 Hrs [IST] |  |
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Category: Irrigation | Tags: Coromandel Fertilisers, Water soluble fertiliser, drip irrigation | Share:  |
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Secunderabad based Coromandel Fertilisers of the Murugappa Group has signed a 50:50 JV agreement with SQM of Chile to manufacture water soluble fertilisers. The JV will set up its plant at Kakinada in Andhra Pradesh to manufacture 15,000 tpa fertiliser initially.
Currently, India imports nearly 50,000 tonne from countries such as Chile, China and Israel. Water soluble fertiliser is found to be more suitable for drip irrigation like plantations and can be utilised fully without any wastage.
Source : ProjectsToday
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