Mangalore Chemicals and Fertilizers (MCF) Ltd has received environmental clearance to set up a one million tonne phosphatic fertiliser plant at its existing facility in New Mangalore.
The company is a subsidiary of Zuari Agro and Chemicals Ltd (ZACL). BusinessLine quoted MCF Managing Director Suresh Krishnan as saying: “We received the approval from the Ministry of Environment, Forest and Climate Change about 10 days ago.”
“The plan is to set up a new DAP/NPK plant of 8,00,000 tonnes capacity at Mangaluru,” he said further. MCF currently has a four-lakh-tonne DAP/NPK plant at Panambur in New Mangalore.
It may be recalled that MCF, an erstwhile UB Group company, became a subsidiary of ZACL when the Saroj Kumar Poddar-led Zuari Group acquired a 53 per cent stake in 2015.
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