Coromandel Announces New Sulphuric Acid Plant at Vishakhapatnam
November 16, 2021 at 06:12 am
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Coromandel International Limited announced the project initiation for setting up a new 1650 Metric Tonnes per day design capacity sulphuric acid plant at its fertiliser complex in Visakhapatnam at a cost of INR 4,000 million. The announcement was made by Mr. Arun Alagappan, Executive Vice Chairman, Coromandel International Limited. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions). The new sulphuric acid plant for which the investment has been announced will increase the sulphuric acid production capacity by a further 0.5 million Metric Tonnes per annum from the current level of 0.6 million Metric Tonnes per annum, thereby resulting in a combined capacity of 1.1 million Metric Tonnes. The investment is in line with Coromandel's long term objectives to secure key raw materials for its fertiliser production. The 1650 TPD sulphuric acid plant project will be setup within Coromandel's existing Visakhapatnam plant premises. The Visakhapatnam manufacturing unit of Coromandel has a production capacity of 1.3 million Tonnes per annum complex fertilisers and a captive phosphoric acid production capacity of close to 0.4 million Tonnes per annum. The new Sulphuric acid plant at Vizag will reduce the import dependence considerably and ensure sustainable production of Phosphoric acid, one of the key raw materials for phosphatic fertiliser manufacturing. The new sulphuric acid plant is being built on par with globally best technology standards to control emissions. The steam generated from the process shall also be used for captive power generation.
Coromandel International Limited is engaged in the manufacturing and trading of farm inputs consisting of fertilizers, crop protection, specialty nutrients and organic compost. The Company's segments include Nutrient and other allied businesses, and Crop Protection. Its products and services include fertilizer, crop protection, specialty nutrients and organic. The Companyâs fertilizers consist of nitrogen, phosphate, calcium and potassium in various grades and are available under various brands, such as GroShakti Plus, Grosmart, Paramfos, Gromor 15-15-15-09, Godavari Ultra DAP, Gromor / Godavari DAP, Gromor MOP and Gromor Urea. Its crop protection products consist of insecticides, fungicides, herbicides, plant growth regulators and bio-products. It offers organic fertilizers derived from natural sources like city waste (organic portion only), sugarcane molasses and its by-products, oil cakes and gypsum. The Company operates a network of over 750 rural retail outlets across India.