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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Israel Chemicals Forms JV in India

1:09 PM MDT | August 20, 2007 | DR

Israel Chemicals Ltd (ICL; Tel Aviv) says it has formed a joint venture with fertilizer manufacturer Zuari Industries (Goa, India) to produce and distribute water-soluble fertilizers in India. ICL and Zuari will establish a 10,000-m.t./year plant at an undisclosed location to make water-soluble NPK fertilizers. ICL is a leading supplier of fertilizers in Europe and a key player in the specialty fertilizer market. “The rapid growth of agriculture in India, together with the local market’s increasing use of intensive agricultural methods, represents an...

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