Coromandel International Ltd, part of the Rs13 crore Murugappa Group, has entered into a licence agreement with Shell Research Ltd, an affiliate of UK-based energy giant Royal Dutch Shell Plc, for using the latter's technology for manufacturing sulphur-enhanced fertilisers.
Under the agreement, Coromandel International will use the `Shell Thiogro' technology of Shell Research Ltd to manufacture sulphur enhanced fertilisers (SEF), Coromandel said in a filing with the National Stock Exchange (NSE).
Coromandel plans to manufacture the SEF fertilisers from its plant in Visakhapatnam and may extend it to its Kakinada unit later, it said in the statement.
Shell's-patented Sulphur Thiogro technology enables plants to more easily absorb sulphur - a vital nutrient for many crops - from fertilizer.
has beendeveloped by Shell Sulphur Solutions, a global business unit of the Royal Dutch Shell group of companies.
With production facilities at multiple locations, Coromandel manufactures and markets a wide range of phosphatic fertilisers, crop protection products, speciality nutrients like sulphur pastelles, water-soluble fertilisers, micronutrients and organic fertilisers.