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OMIFCO to supply local urea-fertiliser for Oman's agro sector

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Press Trust of India Dubai
Last Updated : Mar 18 2013 | 11:55 AM IST
The Oman-India Fertiliser Company SAOC (OMIFCO) will supply high-quality, locally manufactured urea for Oman's agriculture sector.
This initiative, which was first rolled out in November 2011, has attracted a strong uptake from the Omani farming community, which has already begun to reap the dramatic benefits in higher agro yields resulting from the use of urea-fertiliser in their farms, a statement from OMIFCO said.
The importance of the high quality produced urea from OMIFCO and its availability in the local market at a competitive price, was highlighted at a press conference jointly hosted by OMIFCO and Takamul Investment Company in Muscat recently.
OMIFCO has decided to allocate 30,000 tonnes of urea for distribution to the local market.
Takamul assumed responsibility for the streamlined and expeditious distribution of bagged fertiliser at competitive prices.
The importance of the high quality produced urea from OMIFCO and its availability in the local market at a competitive price, was highlighted at a press conference jointly hosted by OMIFCO and Takamul Investment Company in Muscat recently.
Takamul, the downstream investment subsidiary of the wholly-owned government energy investment vehicle, Oman Oil Company SAOC, has joined hands with OMIFCO in overseeing the distribution of fertiliser to Omani farmers.
Launching operations in 2006 with an investment of around USD 1 billion, OMIFCO - a joint venture of the Omani government and two Indian fertiliser cooperatives - has been manufacturing urea-fertiliser at its state-of-the-art plant at Sur.

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First Published: Mar 18 2013 | 11:55 AM IST

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