Fertiliser PSUs planning global foray to raise fund

April 2007
Chemical Business;Apr2007, Vol. 21 Issue 4, p64
Trade Publication
The article reports on the plan of India-based fertilizer companies Rashtriya Chemicals (RCF) and National Fertilisers Ltd. (NFL) to establish a joint venture company with Kuwait-based Petrochemicals Industries Co. to invest and trade in urea and ammonia. A department of fertilizer (DoF) senior official stated that the proposed joint venture would invest in greenfield fertilizer plants in Kuwait, Yemen and Algeria. The plan is aimed at meeting the domestic demand for urea by 2011-2012.


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