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Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) plans to set up a Greenfield plant for the manufacture of Technical Ammonium Nitrate (TAN) in South Australia.
The proposed plant will have a capacity of 300 kpta, and involve an estimated investment of $350 million, the company said in a statement.
This would be the first such plant in SA and provide TAN supplies primarily to the local market.
The Government of SA has identified a site near Port Bonython, Whyalla for the plant.
Detailed feasibility and environment impact assessment studies and other statutory clearances will be undertaken by DFPCL in the course of next 12-15 months. The project will be completed 24 months thereafter.
In India, DFPCL has about two decades of experience in the manufacturing and marketing of TAN, which is a critical input in the growing mining & construction industry.
It has three plants with a total capacity to manufacture nearly half a million tpa.
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