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New urea pricing policy to come into force from 1 Apr 2003.

Asia Africa Intelligence Wire

| April 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Chemical Week)

The Union Minster of Chemicals and Fertilizers in the Government of India has confirmed that the new pricing scheme for urea units will be effective from 1 Apr 2003. The units will be placed in six groups based on vintage and feedstock for determining the group based concession rates, which would be computed on the data of the units as applicable on 31 Mar 2003. The six groups comprise of pre-1992 gas based units, post-1992 gas based units, pre-1992 ...

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