Zuari Fertilisers & Chemicals Limited (ZFCL) is a wholly-owned subsidiary of Zuari Agro Chemicals Limited. The Company is setting up a 2 lakh MTPA capacity Granulated SSP plant at MIDC Mahad, Maharashtra. SSP or Single Super Phosphate is a fertilizer that contains phosphorus as its primary plant nutrient. Relatively cheap, SSP comprises several micro- nutrients like Calcium, Magnesium, Iron, Aluminium, Sulphur and Gypsum.
Often billed as a poor man's fertilizer, SSP is an essential fertilizer that treats sulphur deficiency of fertilizers and enhances yields as lower costs.
With an objective of increasing productivity and growth of agriculture, usage of SSP fertilizers needs to be enhanced in comparison to Urea, DAP and NPK fertilizers. With this in mind, Zuari's management decided to increase its market share of SSP fertilizers in its marketing area of Maharashtra, Karnataka, Andhra Pradesh and Tamil Nadu.
Once the SSP plant at Mahad goes on-stream, Zuari will be significantly equipped to meet rising demand of SSP fertilizers in its primary marketing areas. The construction of the plant began in May, 2012 and is expected to be commissioned by April, 2013. SS Engineering Company is the process technology consultant for the project while Simon India Limited is providing procurement/constru-ction services.
In a major step forward in backward integration, Zuari recently acquired 30% equity stake in Fosfatos del Pacifico (Fospac), through MCA Phosphates Pte Ltd., its Singapore based Joint Venture with Mitsubishi Corporation. Additionally, the Zuari- Mitsubishi combine has entered into an Off-Take agreement with Fospac, to purchase the entire production of concentrated rock phosphate after meeting local demand, if any, for a minimum term of 20 years.
A significant part of the contracted rock phosphate quantity will accrue to Zuari . ZFCL has proposed to set up a one million tone integrated phosphatic fertilizer facility on the Western coast of India and the Peruvian rock phosphate will largely meet the raw materials requirement of the plant.
Jai Kisaan Bhawan,
Zuarinagar, Goa – 403 726
Board of Directors :
Mr. Binayak Datta
Mr. H.S. Bawa
Mr. S.K. Poddar
Mr. Naveen Kapoor
Mr. N. Suresh Krishnan