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Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, on Wednesday said it will diversify into speciality and industrial chemicals. Coromandel International is in the business of fertilisers, crop protection chemicals, bio-products, speciality nutrients, organic fertilisers and retail. In a statement, the company said that its Board approved a plan to expand its operations in crop protection chemicals and foray into Contract Development & Manufacturing Organisation (CDMO) business. The Board also approved the plan to diversify into new growth areas, namely speciality and industrial chemicals. "This is in line with the company's strategy to establish a sizeable presence in the crop protection chemicals business and leverage its deep technical capabilities and best-in-class infrastructure to enter into adjacencies like CDMO, speciality and industrial Chemicals," it added.
Minister for Chemicals and Fertilisers Mansukh Mandaviya on Thursday stressed on the need to promote nano liquid urea in place of conventional granular urea, saying that it is better, cheaper, convenient and will help the government in saving a huge amount of subsidy. In June 2021, cooperative IFFCO launched nano urea as an alternative to conventional urea. It has also set up manufacturing plants to produce nano urea. IFFCO is selling nano urea at Rs 240 per bottle of 500 ml, which can replace one bag of conventional urea of 45kg costing around Rs 265. There is no government subsidy on nano urea. While virtually interacting with four farmers and two owners of Pradhan Mantri Kisan Samruddhi Kendras (PMKSK) from different states, Mandaviya enquired about the availability of various fertilisers including nano urea and also whether farmers were getting other advisory services at these centres. Under an scheme, around 3 lakh retail fertiliser shops in the country are getting converted i
The Ministry of Road Transport and Highways (MoRTH) on Monday made it mandatory for goods vehicles, manufactured on or after September 1, used for carrying dangerous or hazardous materials to be fitted with location tracking device. The ministry in a notification said it has been brought to the notice that vehicles, which are not under the ambit of national permit, carrying various gases viz. argon, nitrogen, oxygen etc. and goods of dangerous or hazardous nature, are not fitted with Vehicle Location Tracking Devices. "Accordingly, the ministry, has mandated that every vehicle of categories N2 and N3, manufactured on and after the 1st day of September, 2022, in the case of new models, and 1st day of January, 2023, in the case of existing models, carrying dangerous or hazardous goods, shall be fitted with a vehicle tracking system device as per Automotive Industry Standard (AIS) 140," it said. Category N2 vehicle means motor vehicles used for carriage of goods and having a gross ...