Hyderabad: Murugappa Group company and phosphatic fertilizer manufacturer Coromandel is setting up a new 1,650 metric tonnes per day capacity sulphuric acid plant at its fertilizer complex in Visakhapatnam with an investment of Rs 400 crore. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions). Commenting […]
The proceeds of the sale will be used to bring down the debt of the company including its wholly-owned subsidiary, Parry Sugars Refinery India and for general corporate purposes, it added.