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Deepak Fertilisers to Invest $350 Million to Build Technical Ammonium Nitrate Plant in Australia (Updated)

6:00 AM MDT | March 31, 2011 | Deepti Ramesh

Deepak Fertilisers and Petrochemicals (Pune, India) says it is working towards setting up a 300,000-m.t./year technical ammonium nitrate (TAN) plant in the state of South Australia in Australia. The government of South Australia has identified a potentially suitable site for the project, which will be the subject of a feasibility study. The site is close to a deep sea port and a city with a long established industrial history with complete infrastructure, skilled workforce etc., thereby providing the project with a more favorable cost competitive construction and...

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