Chennai-based Kothari Industrial Corporation is set to expand its fertilizer and footwear businesses, including a major new fertilizer unit with a planned capital expenditure of Rs 7,000 crore. The company is in advanced discussions to establish an NPK (nitrogen, phosphorus, and potassium) unit in Qatar, with potential funding from the Qatari ruling family, according to…
Indian fertilizer importer FACT has recently made changes to the closing date of its reissued FACT NPK tender, shifting the deadline from 29 August to 5 September. The tender aims to procure around 40,000t of 15-15-15 grade NPK fertilizer to support India’s agricultural needs. As per the updated timeline, the FACT NPK tender will close…
In the global fertilizer market, few commodities hold as much significance as rock phosphate. Essential for the production of agricultural fertilizers, it has become a lifeline for farmers across the world. Governments and corporations alike recognize its value, leading to intense competition whenever a new tender is announced. One such tender was floated by a…
For the ongoing Rabi 2024-25 season, the Department of Agriculture & Farmers Welfare (DA&FW) has assessed the national requirement for Diammonium Phosphate (DAP) at 52.05 lakh metric tons (LMT). As of December 3, 2024, the government has made significant progress in meeting this demand. Current Availability and Sales of DAP The pro-rata requirement of DAP…
The Fertilizers and Chemicals Travancore Limited (FACT) has issued a tender inviting global suppliers to import 40,000 metric tonnes (MT) of Muriate of Potash (MOP). The FACT MOP Tender will occur at three key Indian ports: Mangalore, Tuticorin, and Kakinada. FACT, a leading fertilizer producer in India, aims to enhance agricultural productivity by securing a…
SIA Linas Agro, a subsidiary of AB Akola Group, has acquired 100% of SIA Elagro Trade, a Latvian agricultural company. The deal was approved by the Competition Council of Latvia. Initially valued at €22 million, the final transaction amount rose to €25.5 million. This increase was due to higher-than-expected net working capital at the closing…
The Ministry of Agriculture and Farmers Welfare has introduced key amendments to the Fertilizer (Control) Order, 1985, under the Essential Commodities Act, 1955. Notified on December 13, 2024, these changes aim to improve fertilizer quality monitoring by streamlining sampling, testing, and dispute resolution processes. Simplified Sampling Process The new rules make fertilizer sampling more transparent….
Major Investment in Panagarh Plant Matix Fertilizers and Chemicals, a leading urea producer in India, has revealed plans to invest ₹7,500 crore in a brownfield expansion at its existing plant in Panagarh Industrial Park, West Bengal. The expansion aims to double the company’s urea production capacity, further cementing its leadership in the fertilizer sector. Consistent…
Israel is taking a major step toward sustainable waste management by building its first anaerobic waste recycling facility near the Gaza border. Named Dia, this groundbreaking project aims to transform household and agricultural waste into biogas and fertilizer. The facility will use advanced microbial technology, processing up to 200,000 tons of organic waste each year…
India is grappling with a severe shortage of Di-Ammonium Phosphate (DAP), a critical fertilizer for crops like wheat and mustard. The crisis is hitting hard in agriculturally dominant states like Punjab, Haryana, and Uttar Pradesh. Let’s explore what’s behind the shortage and how it’s affecting farmers. Why is There a DAP Shortage? The shortage stems…
