09 October 2012 17:49 [Source: ICIS news]
TORONTO (ICIS)--Quebec agricultural cooperative La Coop federee and The Indian Farmers Fertiliser Co-operative (IFFCO) aim to start production at their planned Canadian dollar (C$) 1.20bn ($1.24bn) urea fertilizer plant in 2017, they said on Tuesday.
Construction of the plant at Becancour, northeast of Montreal, is expected to begin in 2014, La Coop, IFFCO and ?xml:namespace>
The ministry said it would support the project through investment agency Investissement
According to a report by Canadian state television, La Coop federee will take off about half of the plant’s 1.2m tonne/year capacity, with the remainder to be sold on Canadian and US markets.
($1 = C$0.97)
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