IFFCO inks MoU for Senegal plant revival, to invest $ 100 m

January 2008
Chemical Business;Jan2008, Vol. 22 Issue 1, p76
Trade Publication
The article reports on a memorandum of understanding (MoU) signed by Indian Farmers Fertilizer Cooperative (IFFCO) with the Senegal government for revival of 6.6 lakh tonne capacity phosphoric plant in Senegal. $100 million will be invested by IFFCO in the next three years to increase the production to the optimum level of efficiency. Moreover, the company will manage the existing debt of Industries Chimiques de Senegal (ICS).


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