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Qatar Fertilizer JV Eyed

7:41 AM MST | March 2, 2009

Indian Farmers Fertiliser Cooperative (IFFCO; New Delhi) says it has agreed with Qatar Fertiliser Co. (Qafco; Doha) to establish a fertilizer production joint venture in Qatar. The jv will be owned 51% by Qafco and 49% by IFFCO. It will be based on natural gas feedstock available in Qatar, and its entire fertilizer output will be purchased by IFFCO at market prices for sale in India, IFFCO says. Further details of the proposed jv were not disclosed. Qafco and IFFCO have launched a joint feasibility study for the...

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