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Coromandel International has commissioned its state-of-the-art Sulphuric Acid plant on October 18, 2023. With this, the company has further strengthened its backward integration capabilities to drive self-sufficiency in its operations. The plant has been set up with an investment of Rs 400 crore with the production capacity of 1,650 metric tonnes per day. With this, Coromandel’s Sulphuric acid capacity will increase to 11 lakh tonnes per annum from 6 lakh tonnes per annum, supporting its requirement towards downstream processes involving Phosphoric acid and Phosphatic Fertilizer production.
The Plant is designed with Double Conversion and Double Absorption (DCDA) process with a 5 bed Catalyst Converter and an automated DCS system. Further, the Plant is designed to meet one of the lowest emission standards globally. Steam generated from the Sulphuric acid plant will be used for captive power generation. The company had engaged best in class technology licensor MECS (Monsanto Enviro-Chem Systems) and detailed engineering provider TKIS (ThyssenKrupp Industrial Solutions) for executing the project.
In addition to the Sulphuric Acid, the Company has setup a 6 MLD desalination plant to meet its additional water requirements. It has partnered with Veolia Water Technology and Solutions, a global leader in water and wastewater treatment industry. Coromandel, with the production capacity of 3.5 million tonnes per annum of complex fertilisers, has been focusing on strengthening its backward integration capabilities across key raw materials and intermediates like Phosphoric acid, Sulphuric acid, and Rock phosphate. Last year, the company invested in Baobab Mining Corporation (BMCC), a mining company in Senegal.
Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 1392.50 |
| National Fertilizers | 103.35 |
| Chambal Fert & Chem | 408.70 |
| RCF | 154.50 |
| Paradeep Phosphates | 68.35 |
| View more.. | |
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