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India and Russia to start urea production facility media
The joint venture will have an investment of around $2 billion and a manufacturing capacity of 2 million tons annually India and Russia are planning to set up a urea production facility at a cost of $2 billion, the Financial Express reports. The facility - a joint venture between Russia's Uralchem and Indian Potash, Rashtriya Chemicals and Fertilizers, and National Fertilizers - is expected
cityfalcon.com·19d ago
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India and Russia to start urea production facility media
The joint venture will have an investment of around $2 billion and a manufacturing capacity of 2 million tons annually India and Russia are planning to set up a urea production facility at a cost of $2 billion, the Financial Express reports. The facility - a joint venture between Russia's Uralchem and Indian Potash, Rashtriya Chemicals and Fertilizers, and National Fertilizers - is expected
cityfalcon.com·19d ago
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Indian Potash Ltd receives higher urea offers as Iran conflict tightens supply
MUMBAI: Indian Potash Ltd has received offers to supply 5.6 million metric tons of urea in its latest tender at significantly higher prices than in the previous one, after supplies were disrupted by the U.S.-Israeli war with Iran, two company sources said. The lowest offer to supply urea on the west coast was $935 per ton on a cost-and-freight basis, while the lowest offer for the east coast was $959 per ton, the sources said. IPL issued the tender earlier this month to secure 2.5 million tons of urea, with shipments required to depart loading ports by June 14. India seeks 2.5 million metric tons of urea amid Middle East supply disruptions In the previous urea tender issued by India’s Rashtriya Chemicals and Fertilizers, bids were $508 per ton for west coast delivery and $512 per ton for east coast delivery, the sources said.
cityfalcon.com·1mo ago
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Indian Potash Ltd receives higher urea offers as Iran conflict tightens supply
MUMBAI: Indian Potash Ltd has received offers to supply 5.6 million metric tons of urea in its latest tender at significantly higher prices than in the previous one, after supplies were disrupted by the U.S.-Israeli war with Iran, two company sources said. The lowest offer to supply urea on the west coast was $935 per ton on a cost-and-freight basis, while the lowest offer for the east coast was $959 per ton, the sources said. IPL issued the tender earlier this month to secure 2.5 million tons of urea, with shipments required to depart loading ports by June 14. India seeks 2.5 million metric tons of urea amid Middle East supply disruptions In the previous urea tender issued by India’s Rashtriya Chemicals and Fertilizers, bids were $508 per ton for west coast delivery and $512 per ton for east coast delivery, the sources said.
cityfalcon.com·1mo ago
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US-Iran war: Delay in Rs 13,000 crore Talcher fertilizer project raises supply concerns
The Rs 13,000 crore Talcher Fertilizers Limited (TFL) project in Odisha’s Angul district, once expected to strengthen India’s fertilizer self-reliance, is now running over four years behind schedule, raising concerns for farmers amid ongoing global supply uncertainties. Designed to produce 12.7 lakh metric tonnes of urea annually, the coal gasification-based plant was initially slated for commissioning in September 2023. However, the deadline has now been pushed to December 2027. The delay comes at a time when India’s fertilizer supply chain is under stress due to geopolitical tensions in West Asia, a region crucial for global energy and fertilizer inputs. Impact on Farmers Amid Global Uncertainty The prolonged delay is likely to have a cascading effect on the agriculture sector, particularly on farmers who rely heavily on timely availability of subsidised urea. With domestic production capacity yet to be augmented through the Talcher unit, India may continue to depend on imports to bridge the supply gap.
cityfalcon.com·2mo ago
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US-Iran war: Delay in Rs 13,000 crore Talcher fertilizer project raises supply concerns
The Rs 13,000 crore Talcher Fertilizers Limited (TFL) project in Odisha’s Angul district, once expected to strengthen India’s fertilizer self-reliance, is now running over four years behind schedule, raising concerns for farmers amid ongoing global supply uncertainties. Designed to produce 12.7 lakh metric tonnes of urea annually, the coal gasification-based plant was initially slated for commissioning in September 2023. However, the deadline has now been pushed to December 2027. The delay comes at a time when India’s fertilizer supply chain is under stress due to geopolitical tensions in West Asia, a region crucial for global energy and fertilizer inputs. Impact on Farmers Amid Global Uncertainty The prolonged delay is likely to have a cascading effect on the agriculture sector, particularly on farmers who rely heavily on timely availability of subsidised urea. With domestic production capacity yet to be augmented through the Talcher unit, India may continue to depend on imports to bridge the supply gap.
cityfalcon.com·2mo ago
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India’s RCF finalises purchase of 1.3 million tonnes of urea in import tender
LONDON (ICIS)--In India, Rashtriya Chemicals and Fertilisers (RCF) today issued awards for just over 1.3 million tonnes of urea in its 18 February tender, several suppliers confirmed. The...
cityfalcon.com·3mo ago
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India’s RCF finalises purchase of 1.3 million tonnes of urea in import tender
LONDON (ICIS)--In India, Rashtriya Chemicals and Fertilisers (RCF) today issued awards for just over 1.3 million tonnes of urea in its 18 February tender, several suppliers confirmed. The...
cityfalcon.com·3mo ago
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India’s RCF to build phosphoric acid plant in Maharashtra
MUMBAI (ICIS)--Indian state-owned fertilizer producer Rashtriya Chemicals and Fertilizers (RCF) plans to build a 300 tonne/day phosphoric acid plant at its Thal complex in the western Maharashtra...
cityfalcon.com·3mo ago
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India’s RCF to build phosphoric acid plant in Maharashtra
MUMBAI (ICIS)--Indian state-owned fertilizer producer Rashtriya Chemicals and Fertilizers (RCF) plans to build a 300 tonne/day phosphoric acid plant at its Thal complex in the western Maharashtra...
cityfalcon.com·3mo ago
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