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Article: India: Archean to complete fertilizer unit by 2012.

Article from:
TendersInfo
Article date:
August 29, 2009
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Byline: sanjayV03

Archean group, a Chennai-based conglomerate with interests in minerals, industrial chemicals and shipping, plans to complete its Rs1,200 crore Gujarat plant the largest in the country to manufacture fertilizer input sulfate of potash by 2012.

It is also likely to take its shipping business public.

We may take the shipping company public when the market improves, S.M. Sundaram, Archean s chief financial officer, said.

The family-run group, which claims to be the second largest landowner in Gujarat, will complete the 300,000 tonne capacity fertilizer input unit by 2012. Every year, Indian fertilizer companies import an ...

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