Business Update29 Apr 2024, 09:18 pm
Coromandel International Commences Construction of 1000 Crore Phosphoric Acid & Sulphuric Acid Plants in Andhra Pradesh
AI Summary
Coromandel International Ltd., India's leading agri solutions provider, has started the project activity to set up a 1000 crore Phosphoric Acid-Sulphuric Acid complex facility at Kakinada, Andhra Pradesh. With an anticipated completion in two years, this expansion includes a 650 ton per day Phosphoric Acid facility with advanced DA-HF technology and an 1800 tpd Sulphuric Acid Plant. This integration will fulfill Coromandel's self-sufficiency goals and reduce imported acid requirements.
Key Highlights
- Coromandel International has commenced the construction of a 1000 crore Phosphoric Acid-Sulphuric Acid complex in Andhra Pradesh.
- The project includes a 650 ton per day Phosphoric Acid facility and a 1800 tpd Sulphuric Acid Plant.
- Both factories will be designed with advanced technologies and are expected to be commissioned within two years.
- The Phosphoric Acid facility will replace more than 50% of the Kakinada plant's imported acid requirements.
- Coromandel is exploring investment support from the State and Central Governments to improve project viability and ensure raw material supply security.