OCP, Kribhco plan $230 M NPK plant

摘要

New Delhi—Morocco's OCP Group and India's Kribhco (Krishak Bharati Cooperative Ltd.) have announced that they have entered into a 50-50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh, India. The plant will require an initial investment of approximately $230 million and will have an annual production capacity of 1.2 million mt of NPK fertilizers.