India: Phosphatic Fertilizers Coromandel to Invest 53 Million Dollars for Constructing New Sulphuric Acid Facility
Coromandel International has plans to set a new 1650 TPD sulphuric acid plant at its fertilizer complex in Visakhapatnam, Andhra Pradesh, India. The project is expected to improve the self-sufficiency as well as availability of phosphatic fertilizer in the country and will be built with the best global technology standards to control emissions.
Hyderabad/India – Coromandel International, claimed to be India’s second largest Phosphatic fertilizer player and part of the Murugappa Group, has announced the project initiation for setting up a new 1650 metric tons per day design capacity sulphuric acid plant at its fertilizer complex in Visakhapatnam, Andhra Pradesh at a cost of 53 million dollars. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions).
Commenting on the setup of the new sulphuric acid plant, Arun Alagappan, Executive Vice Chairman, Coromandel International said, “India is a net importer of sulphuric acid, and the 3rd largest importer globally, accounting for close to 2 million tons of imports. In line with the country’s ‘Atmanirbhar Bharat’ vision for import substitution and promotion of local manufacturing, Coromandel has announced the setting up of a new 1650 TPD sulphuric acid plant at Visakhapatnam. Considering the essential nature of fertilizers, this investment will improve the self-sufficiency and availability of phosphatic fertilizer in the country.”
The new sulphuric acid plant for which the investment has been announced will increase the sulphuric acid production capacity by a further 500,000 tons per annum from the current level of 600,000 tons per annum, thereby resulting in a combined capacity of 1.1 million tons. The investment is in line with Coromandel’s long-term objectives to secure key raw materials for its fertilizer production. The 1650 TPD sulphuric acid plant project will be setup within Coromandel’s existing Visakhapatnam plant premises.
The plant will reduce the import dependence considerably and ensure sustainable production of phosphoric acid, one of the key raw materials for phosphatic fertilizer manufacturing. The plant is also being built on par with globally best technology standards to control emissions. The steam generated from the process shall also be used for captive power generation.