Coromandel Fertilizers is setting up a water soluble fertilizer plant at its Kakinada plant in Andhra Pradesh in joint venture with Chile based SQM group. It will have a capacity of 15000 mtpa and will produce crop specific fertilizers. It also invests in R&D to make this water soluble fertilizers to suit the climatic conditions of India. The new products will be launched in mid 2012.
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