Bulletin Updates

Indorama India: An update – 29 Mar 2022

Mar 29, 2022

Indorama India Pvt Ltd was incorporated in September 2017 to acquire the Tata Chemicals’ phosphate fertiliser plant at Haldia (West Bengal). The Haldia plant has a capacity to produce 841,500 MTPA of NPK (660,000 MTPA of DAP equivalent) and 198,000 MTPA of single super phosphate (SSP). The plant also has the facility to produce 750 TPD of sulphuric acid

The company acquired the plant and TCL’s Paras brand on a slump-sale basis, with the effective date of acquisition being June 1, 2018. In addition to the fertiliser business, the spandex yarn manufacturing business of the Indorama Group has been demerged from another Group entity into IIPL, with effect from October 1, 2019

The company seems to be going from strength to strength

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