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Coromandel International commissions third fertilizer unit at Kakinada
Mar. 25, 2013
Coromandel International Limited, a manufacturer of a wide range of fertilizers, crop protection products and specialty nutrient products, has commissioned its third complex fertilizer plant (C- Train) here on last Friday evening.
“The plant has undergone commissioning activity and we have started the production,” announced Kapil Mehan, the Managing Director, Coromandel International Limited. “The new plant is capable of manufacturing all grades of complex fertilizers and this will strengthen our position in phosphate fertilizer segment. This investment is consistent with our constant endeavour to provide farmers quality fertilizers to help enhance their productivity”.
Coromandel International Limited markets around 2.9 million tonnes. The Company has also introduced a range of specialty nutrient products including organic fertilizers. It is the second largest manufacturer of Malathion and only the second manufacturer of Phenthoate. Coromandel has also ventured into the retail business setting up more than 640 rural retail centres in Andhra Pradesh and Karnataka.
The Company clocked a turnover of Rs 9,823 crore during 2011-12. Coromandel is a part of the Rs. 22, 314 cr Murugappa Group.
Source: The Hindu Business Line
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