Tata Chemicals eyes fertiliser units in the Middle East

摘要

Tata Chemicals,which failed to acquire Egyptian Fertilizer Company,is looking out for acquisitions in the Middle East,where low cost of gas makes fertiliser projects viable,to ramp up its fertiliser business."Middle East is definitely on our acquisition radar,we are very keen to increase our presence in that market to take advantage of the abundant and low-cost gas available," informed Mr.Homi Khusrokhan,Managing Director,Tata Chemicals."Our Bangladesh project has been in limbo for a while due to the political unrest in the country,but we are very keen on that," he added.