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Tata Chemicals ponders divesting fertilisers segment

By James Sean Dickson
Published: Monday, 06 July 2015

Mergers, sales and acquisitions are looking more likely across the fertiliser industry. The rumoured intentions of divestment sit oddly with a number of companies reporting positive consumption trends and pricing developments.

India’s Tata Chemicals Ltd is reportedly looking for potential purchasers for its fertiliser business unit.

The fertilisers segment of the company contains both nitrogen-based and phosphate-based fertiliser production facilities and covers the sale of nitrogen-phosphor-potassium (NPK) and diammonium phosphate (DAP) products. It is worth around $800m-$1bn, a source told newswire Bloomberg....

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