CIPL to invest Rs 400 cr in 50,000 TPA phosphoric acid plant in India
27-May-2025 02:35 PM 3937
Mumbai, May 27 (Reporter) Caitlyn India Private Limited (CIPL) on Tuesday announced a Rs 400 crore investment to set up a 50,000 tonnes per annum (TPA) integrated phosphoric acid plant in India. The facility will be located in a port-accessible industrial zone, with the company currently evaluating options in southern India. The project will require approximately 30 to 50 acres of land, a CIPL statement said. The plant will use hemihydrate–dihydrate (HH-DH) technology, enabling high-purity phosphoric acid production and cleaner gypsum by-products. It will also include a captive sulphuric acid unit to support cost-effective and efficient operations. CIPL aims to commission the plant by FY 2027. Initially, phosphoric acid output will be supplied to Indian fertiliser manufacturers. The company also plans to use a portion of the production captively, once it sets up its own NPK fertiliser facility in the future. Agnivesh Agarwal, Director, CIPL said, “India’s phosphoric acid market is expanding rapidly, but domestic supply continues to lag behind demand. This investment reflects our commitment to support the country’s fertiliser sector with high-quality, locally produced inputs, while also building a globally competitive, sustainable manufacturing facility.” CIPL plans to source its primary raw material, rock phosphate from countries including Morocco, Jordan and Egypt. The company is exploring long-term contracts to ensure stable supply and pricing. This investment aligns with national efforts to enhance fertiliser self-sufficiency and reduce import dependence...////...
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