14 September 2010 07:54 [Source: ICIS news]
MUMBAI (ICIS)--?xml:namespace>
In addition to the change in feedstock, MCFL also plans to expand the urea and ammonia capacities at the facility once it receives the required approvals, the source at the Ministry of Environment and Forests said, but did not provide further details.
The project would require an investment of nearly Indian rupees (Rs) 4bn ($86.56m), the source said adding that changing the feedstock to gas would be cheaper and cost effective for the company.
The company had submitted its proposal to the ministry and was awaiting environmental clearance, the source said.
MFCL has the capacity to produce 217,800 tonnes/year of ammonia, 379,500 tonnes/year of urea and 255,500 tonnes of phosphatic fertilizers at the facility, according to the company website.
Mangalore Chemicals and Fertilizers Ltd is a part of the UB Group, a large and diversified business house.
($1 = Rs46.21)
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |