CCI approves acquisition of Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited

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....CI approves acquisition of Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited <br>News and Press Release<br>Dated:- 25-6-2021<br><BR>The Competition Commission of India (C....

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....CI) approves acquisition of the Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited. The proposed combination envisages acquisition of Zuarinagar, Goa plant of Zuari Agro ....

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....Chemicals Limited (ZACL) by Paradeep Phosphates Limited (PPL). As a result of the acquisition, PPL shall acquire business of developing and manufacturing urea and non-urea fertiliser products presentl....

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....y being carried out by ZACL at the Zuarinagar, Goa Plant PPL, part of the Adventz Group, is engaged mainly in the manufacture and sale of non-Urea fertilizers, namely, di-ammonium phosphate (DAP) and....

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.... NPK fertilizers. It also imports and sells Muriate of Potash (MoP). ZACL, a public listed company, is also a part of the Adventz Group. It is primarily engaged in the development and manufacturing o....

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....f fertilizers in India. It has manufacturing facilities at Zuarinagar, Goa where it produces Urea and non-Urea fertilizers. Detailed order of the CCI will follow.<BR> News - Press release - PIB....