MCF plans Rs 480 cr expansion

Bengaluru : Mangalore Chemicals and Fertilizers, the fertiliser wing of the UB Group owned by Vijay Mallya, has received approval from Karnataka government to manufacture urea, basic organic chemicals and other specialty fertilizers in Panabur village of Mangalore district of the state.

The company will invest Rs 483 crore to produce these fertiliser in this fertiliser unit as per the state government.

Mangalore Chemicals and Fertilizers has a capacity to manufacture 217,800 tonnes of ammonia, 379,500 tonnes of urea, 255,500 tonne of phosphatic fertiliser, 15,330 tonne of ammonium bi-carbonate and 33,000 tonne of sulphuric acid per annum.