21/05/2014
FERTILIZER NEWS 21-05-2014
Deepak Fertilisers raises offer price for Mangalore Chemicals
Deepak Fertilisers and Petrochemicals Corp Ltd. has raised its offer price for a 26% stake in Mangalore Chemicals and Fertilizers Ltd. after signalling the start of a takeover battle for the company run by liquor baron Vijay Mallya’s UB Group with its open offer to shareholders on 23 April...
Government to stop gas supply to urea firms making P&K fertilisers
The government will stop supply of KG-D6 gas to phosphatic and potassic fertiliser plants of firms like Deepak Fertilisers & Petrochemicals Ltd. and Rashtriya Chemicals and Fertilisers Ltd. and restrict supply of cheaper domestic gas to urea manufacturing units only...