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Jaypee Group forays into fertilizer business by taking over Duncan’s plant

Jaypee Group is floating a new company in the style of “Jaypee Industries and Fertiliser Ltd” to venture into fertilizer business. It has evinced interest to takeover the closed unit of Duncan’s plant in Kanpur. The plant has a capacity to manufacture 2250 tonnes of urea per day. The plant which was producing “Chaand” brand has been closed for over 3 years and many international companies have shown interest but away later due to uncertain reasons.

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