THE Murugappa Group-owned Coromandel Fertilisers Ltd, which was renamed Coromandel International Ltd (CIL) with a new brand identity, has lined up a capital expenditure programme of Rs 1,200 crore for expansion of its fertiliser and pesticide production capacities in the next four to five years. The company will spend an additional Rs 500 crore to setup an overseas ammonia plant through a joint venture with a partner, which will essentially supply gas as raw material for the plant.
展开▼
