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Page 16 - Fertilizers Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stock Market Sectors: Stock market update: Fertilisers stocks up as market rises

Stock Market Sectors: Stock market update: Fertilisers stocks down as market rises

Stock Market Sectors: Stock market update: Fertilisers stocks down as market falls

Stock Market Sectors: Stock market update: Fertilisers stocks up as market rises

SPIC Ltd unveils Rs 1,900 cr investment plan over the next two years

Southern Petrochemical Industries Corporation (SPIC) Ltd unveiled plans to invest Rs 1,900 crore in a strategic expansion over two years. Notably, Rs 970 crore will enhance the urea plant and establish a 150 MTPD Green Ammonia Plant. Greenstar Fertilizers Ltd allocates Rs 640 crore for a water-soluble fertilizer mixing plant and plant refurbishments. Additionally, Tuticorin Alkali Chemicals and Fertilisers Ltd commits Rs 290 crore for a soda ash and ammonium chloride plant. These initiatives aim to create employment and uphold SPIC s commitment to ESG principles, emphasizing responsible business practices.

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