RCF Plans Chemical Park and Commodity Exchange in India

Rashtriya Chemicals and Fertilizers (RCF; Mumbai), one of the largest state-owned fertilizer companies in India, is planning to establish a chemical park, a commodity chemical trading exchange, and a hydrogen plant on about 100 acres of land that it owns at Mumbai, media reports say. RCF owns about 800 acres at Trombay in northeastern Mumbai and has been evaluating various options to create value for its real estate assets, the reports say. RCF will soon hire a consultant to advise on establishing the chemical park and the commodity exchange, they add. The...

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