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Coromandel Fertilisers, GSFC to buy 46% in Tunisian company.

Chemical Business Newsbase

| September 30, 2005 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Chemical Business (India))

Coromandel Fertilisers is collaborating with the Gujarat State Fertiliser Corp (GSFC) to buy a stake in Groupe Chimique Tunisien (GCT) of Tunisia to ensure consistent supply of phosphoric acid. Industry sources reported that the two Indian companies will each acquire a 23% stake in the biggest Tunisian producer of phosphoric acid, which is the critical …

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