Deepak Fertilisers and Petrochemicals Corporation and Smartchem Technologies have jointly filed an application for initiation of anti-dumping investigation concerning imports of ammonium nitrate from these nations.
Deepak Fertilisers has formed a joint venture with Australian firm to provide mining services in Brisbane. The JV is executed through DFL's arm Smartchem Technologies, which will hold 65 percent stake, while the Australian company will hold the remaining 35 percent.
"Smartchem Technologies (STL), a subsidiary of DFPCL, as a part of its forward integration initiative, announced the launch of its overseas venture for Mining Services in Brisbane, Australia," said India‘s leading manufacturer of mining chemicals.