PPL’s EV/EBITDA multiple of 5.6x is at a significant discount to its closest peer, Coromandel International, and closer to GSFC, which trails PPL in terms of return ratios by a margin.
The latest updates from the world's largest fertiliser manufacturers indicate healthy global demand and constrained supplies of key crop nutrients
Tata Chemicals has entered into an exclusivity agreement for negotiations with Indorama Holdings for the potential sale of its fertilizer business. The spin-off was anticipated for quite some time and the deal seems to be mutually beneficial.
Sun Group, India's one of the leading international trading and consultancy organisations, is considering to set up a USD 40 million phosphate production plant in Egypt.
The new plant will have capacity of about 1.27 million tonnes of urea per annum and it will also produce ammonia. The new project will be covered under the new urea investment policy, which has been recently notified by the government.
Indian fertiliser makers are renegotiating import deals of potash, phosphate and other raw materials, as a sharp rupee fall has lifted production cost at a time when farmers resist price rise and the government not willing to raise subsidy, three industry officials said.
A Vellayan, Executive Chairman of Murugappa Group joins CNBC-TV18 to talk about the group’s companies and the headways they have made.