Visakhapatnam, India – October 18, 2023: Coromandel International Limited, India’s prominent agri-input solution provider and the largest private-sector player in phosphatic fertilizers, proudly unveiled its state-of-the-art Sulphuric Acid plant today. This strategic addition solidifies Coromandel’s backward integration capabilities, enabling greater self-sufficiency in its operations.
Backing the Downstream Phosphoric acid and Phosphatic Fertilizer Production
Mr. Arun Alagappan, Executive Vice-Chairman of Coromandel, inaugurated the company’s third Sulphuric Acid Plant at its fertilizer complex in Visakhapatnam. This cutting-edge plant has a substantial investment of INR 400 Crores. It has a daily production capacity of 1,650 metric tonnes. As a result, Coromandel’s Sulphuric acid capacity is set to increase from 6 lakh tonnes per annum to a remarkable 11 lakh tonnes per annum. This significant expansion supports the company’s downstream processes, particularly those involving Phosphoric acid and Phosphatic Fertilizer production.
Technological Excellence and Environmental Responsibility at Coromandel Fertilizers Plant
The plant employs a Double Conversion and Double Absorption (DCDA) process with a 5-bed Catalyst Converter. It is all seamlessly managed by an automated DCS system. Notably, it adheres to some of the most stringent global emission standards. Furthermore, the steam generated by the Sulphuric acid plant will serve as an invaluable resource for captive power generation. Coromandel engaged the expertise of technology licensor MECS (Monsanto Enviro-Chem Systems) and detailed engineering provider TKIS (ThyssenKrupp Industrial Solutions).
In addition to the Sulphuric Acid Plant, Coromandel has taken a significant step toward water sustainability by establishing a 6 MLD desalination plant to meet its additional water needs. This initiative is in partnership with Veolia Water Technology and Solutions, a renowned global leader in the water and wastewater treatment industry.
Coromandel International Limited Commitment to Make in India
Coromandel, with a production capacity of 3.5 million tonnes per annum of complex fertilizers, has been dedicated to reinforcing its backward integration capabilities across key raw materials and intermediates, including Phosphoric acid, Sulphuric acid, and Rock phosphate. This move aligns with the vision of “Athmanirbhar Bharat,” promoting self-reliance in manufacturing, championed by the Honorable Prime Minister of India.
Reducing Import Dependence
India currently stands as the third-largest global importer of Sulphuric acid, bringing in nearly 20 Lakh tonnes of acid annually. The commissioning of Coromandel’s new Sulphuric Acid Plant will reduce the nation’s import dependence by 25-30%.
About Coromandel International Limited
Coromandel International Limited is a prominent agri solutions provider in India, offering a diverse range of products and services along the agricultural value chain. The company operates in two primary segments: Nutrient and allied businesses, and Crop Protection. These segments encompass Fertilizer, Crop Protection, Bio Products, Specialty Nutrients, and Organic businesses. Notably, Coromandel is the second-largest manufacturer and marketer of Phosphatic fertilizers in India.