18 May 2011

Bodal Agortech Project got the terms of reference from Ministry of Environment and Forests (MOEF).

Bodal Agortech Limited is a wholly owned subsidiary of  Bodal Chemicals Limited, India's leading manufacturer and marketer of Dye and Dye intermediates. The company has a plan to set up a fertilisers-cum-chemicals complex at Padra in the Vadodra district of Gujarat by investing Rs 70 crore. Recently the company has recieved a terms of reference for preparation of environment impact assessment studies on the project from the Ministry of Environment and Forests (MOEF).

The new fertilisers-cum-chemicals complex would have a 1500 tonnes per day (TPD) single super phosphate (SSP) unit, 500 tonnes per day (TPD) NPK (Nitrogen - Phosphorous - Potassium) fertilisers unit and 400 tonnes per day (TPD) sulphuric acid unit. The complex would produce 50 tonnes per day (TPD) of fluorosilicic Acid (H2SiF6) and 20 tonnes per day (TPD) of benzene sulphonyl chloride.

India is the 2nd largest producer of agrochemicals in Asia. The domestic agrochemicals & fertilisers market size is huge  and growing at 10%. Bodal AgroTech's SSP plant is a perfect forward integration as its main raw material is spent Sulphuric Acid which is readily available in house in large quantities. By setting up the SSP plant, we shall save substantially on purification and raw material costs of the sulphuric acid. It is expected to have 20 to 25% operating profitability margin. The SSP plant when fully operational is expected to generate a Rs 240 crore per year turnover.

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