Updates

Big plans to unfold soon

Plan for Rs.5,000-crore urea plant in Kochi

Staff Reporter

Efforts on to link Kochi to national gas grid: Paswan

Scrutinising: Union Fertilizers Minister Ram Vilas Paswan and Chief Minister V.S. Achuthanandan take a look at the house built from gypsum wall panels at the Fertilizers and Chemicals Travancore complex in Kochi on Saturday.

KOCHI: The Union Fertilizer Ministry will consider setting up a million-tonne urea plant in Kochi at an investment of about Rs.5,000 crore once liquefied natural gas (LNG) is available here, said Union Chemicals and Fertilizers Minister Ram Vilas Paswan on Saturday.

The Minister was speaking after laying the foundation for a joint venture between Fertilizers and Chemicals Travancore (FACT) and Rashtriya Chemicals and Fertilisers (RCF) for making reinforced wall panels from phosphogypsum. Full story

More investment in logistics

Ambuja Cements Cochin terminal to be ready by December

Exim News Service reported that Ambuja Cements is constructing a dedicated terminal at Cochin Port at a cost of INR 85 crore. This is expected to be ready for operations in December 2008. The terminal may have the capacity to handle about 1 million tonne a year and may be used for domestic distribution.
Full story

...and warehousing

EXPLORING new business possibilities relating to the upcoming Vallarpadam Container Terminal, Mini Muthoottu group plans to set up a comprehensive warehousing facility in Kochi.

First of its kind in Kerala, the Logistics Park will have the state-of-the-art warehousing system that would offer adequate storage facility for all kinds trans-shipment goods.

The project, to be at an investment of Rs 300 crore, is expected to be completed in two years. Full story