Coromandel plans 1,650-tonne sulphuric acid plant in Vizag for Rs 400 cr

Coromandel International, the country’s second largest phosphatic fertilizer player and part of Murugappa Group, announced plans on Tuesday to set up 1,650-metric-tonnes-per-day sulphuric acid plant at its fertiliser complex in Visakhapatnam at an investment of Rs 400 crore.

Announcing the plan, the company also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions). At present, India is a net importer of sulphuric acid, and the third largest buyer globally, accounting for close to two million tonnes of imports.

“In line with the Atmanirbhar Bharat vision for import substitution and promotion of local manufacturing, Coromandel has announced the