Coromandel International Limited or COROMANDEL

CFL or Coromandel Fertilizers was incorporated in 1964 and is engaged in the manufacturing of fertilizers, plant protection chemicals, and specialty nutrients. It is also a part of the $ 2.4 billion Murugappa Group. The Company markets around 2.5 million tonnes of phosphatic fertilizers, while making it a market leader and also the second-largest phosphatic fertilizer player in the country. The Company also markets both phosphogypsum and sulphur pastilles. The company has fertilizer plants located in Visakhapatnam, Ennore and Ranipet and plant protection chemicals unit situated at Navi Mumbai, Ranipet and Jammu. It also has marketing branches in several states such as Madhya Pradesh, Chhattisgarh, Orissa, Andhra Pradesh, Karnataka, Tamilnadu, Punjab, Haryana, Rajasthan, Gujarat, Maharashtra, Kerala, and Tamil Nadu. In May 2009, the company signed a Joint Venture Agreement with M/s. Soquimich European Holdings BV, Netherlands, which is a subsidiary of SQM, Chile, for setting up of about 15000 MT Water Soluble Fertilizers (NPK Grades) plant at Kakinada at a total investment of INR 100 Million. Along with both the parties holding an equal share in the proposed joint venture. On 25 Sep 2009, the Company name was changed from 'Coromandel Fertilizers Ltd' to the 'Coromandel International Ltd.' In April 2010, it entered into a share purchase agreement with the promoters of Pasura Biotech for acquiring 100% shareholding in Pasura. The Company is engaged in the formulation of Pesticides and has a plant in Jammu in the State of Jammu & Kashmir (J&K). The Coromandel International also executed a license agreement with the Shell Research, an affiliate of London-based Royal Dutch Shell plc., in Sep 2010 for using the latter Shell Thiogro Technology for manufacturing Sulphur Enhanced Fertilizers or SEF. The company is exploring new possibilities to conduct business in Latin America. Coromandel was also ranked among the top 20 best companies to work for by Business Today. It was voted as one of the ten greenest companies in India via TERI, due to its commitment towards the environment & society. The Company has also ventured into the retail business setting up more than 425 rural retail centers in the Agri and lifestyle sections. And in its endeavor to be a complete plant nutrition solutions company, Coromandel has also introduced a spectrum of Specialty Nutrient products, which include Organic Fertilizers.

Some of its Products:

• Fertilizers– Under this segment, the company manufactures and markets a spectrum of fertilizers such as Gromor 14–35–14, PARAMFOS 16–20–0–13, PARRYGOLD, GODAVARI DAP, and many more.
• Plant Protection Chemicals– Under this segment, the company manufactures and markets pesticides, including insecticides, fungicides, herbicides, and plant biostimulants. The Company also exports its product to various companies and technical collaboration with companies such as DuPont, BASF, FMC, Otsuka, and more for marketing their products in India.
• Specialty Nutrients– The Company manufactures and markets several specialty nutrients such as bentonite sulphur, water-soluble fertilizers, micronutrients, and organic fertilizers.

Some of the Awards:

• The company received FAI Best Production Performance Award 2006 for the Phosphoric Acid Plant at Vizag.
• The Company received the award for 2005–06 Best Energy Conservation in the Fertilizer sector.
• CII EXIM–BANK Business Excellence Award for the 'strong commitment to excel' for both Vizag and Kakinada plants.
• CNBC Award for the most engaged workforce.
• DMA – Erehwon National Award for innovation in the HR.