Agriculture solutions company Coromandel International is acquiring an additional 8.82% equity stake in Baobab Mining and Chemicals Corporation for $3.84 million, which will take its overall shareholding in the Senegal-based rock phosphate miner to 53.8%. Eyeing self sufficiency The fertiliser maker had in September 2022 acquired 45% stake in the Senegalese firm that holds renewable exploitation permit for processing phosphate …
The State government has directed the Tamil Nadu Pollution Control Board to implement the recommendations of the technical committee report on the ammonia gas leak in Ennore. Further, the State sought to take legal action against the fertiliser firm Coromandel International Limited, responsible for the gas leak. Water curtain system, fire water nozzles in ammonia feed pumps should be installed …
Prime Minister Narendra Modi will launch subsidised urea bags under a single brand ‘Bharat’ as part of the ‘One Nation, One Fertiliser’ scheme and inaugurate 600 PM Kisan Samruddhi Kendras at a two-day event starting October 17 in the national capital. The PM will also unveil an international weekly fertiliser e-magazine called ‘Indian Edge’ and inaugurate an agri-startup conclave and …