Tata Chemicals today reported results for its fiscal third quarter and for the nine months ended 31 December 2012, and says it is taking steps with a previously announced brownfield expansion of a urea plant at Babrala, India, following revision of the Indian governmentâ€™s urea policy. Tata Chemicals also says that it expects â€ścontinued pressure on the soda ash and complex fertilizer business.â€ť The company reports flat consolidated net income of 2.24 billion Indian rupees ($41.88 million) in the quarter ended 31 December 2012. Consolidated revenues were up...
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