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GNFC inks JV pact with Belgium's EcoPhos for di-calcium phosphate

Two companies to set up a 1,50,000 MT per annum animal feed grade di-calcium phosphate (DCP) plant at Gujarat Narmada Valley Fertilizers & Chemicals' TDI Dahej site in Gujara

ImageBS B2B Bureau B2B Connect | Ahmedabad
GNFC inks JV pact with Belgium's EcoPhos for di-calcium phosphate

Officials of GNFC and EcoPhos signing an MoU for DCP plant

Belgium-based EcoPhos has joined hands with Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) for manufacturing di-calcium phosphate (DCP) in Gujarat. Two companies have signed a memorandum of understanding for setting up a 1,50,000 MT per annum animal feed grade di-calcium phosphate plant at GNFC TDI Dahej site, Gujarat.
 
The co-operation is to incorporate a joint venture (JV) company, in which EcoPhos will have majority stake. The DCP JV plant will be set up based on eco friendly, energy efficient and renowned world class technology provided by EcoPhos, utilising hydrochloric acid (HCl) and low grade rock phosphate as feedstock.
 
GNFC will provide HCl, utilities and other required services and EcoPhos will provide license, engineering services and proprietary equipments to the proposed JV company.
 
Dr Rajiv Kumar Gupta, Managing Director, GNFC, stated, “This future JV proves once again GNFC´s endeavour to apply world class eco-friendly high-tech technologies in their production sites.”
 
EcoPhos will market the output of the JV’s production site at Dahej. Mohamed Takhim, CEO and Founder, EcoPhos, said, “This is a substantial step in the realisation of EcoPhos target to become the global market and cost leader in animal feed phosphates through its animal feed division.”
 
EcoPhos is a Belgian-based technology provider, producer and market leader of animal feed phosphates in Europe. Its patented process allows for valorising low and high grade natural and urban phosphate sources, with ecological and economic benefits. EcoPhos has feed phosphates production sites in Devnya (Bulgaria) and Rotterdam (the Netherlands) with a total capacity of 300 kilotonne per year.

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First Published: Sep 05 2014 | 12:05 AM IST

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