Indian Farmers Fertiliser Co-operative Ltd (IFFCO), India's leading fertiliser cooperative, got permission from the Quebec Provincial Government to set up a 1.6 billion US dollar Urea plant. Quebec province, Canada's largest, is located in the east-central region of the country.
A decision in this regard was taken on 26 March 2014 by the cabinet of the Quebec Provincial Government and was notified in the official gazette of Quebec on 19 April 2014.
The proposed Urea plant will have a production capacity of up to 1.6 million tonnes of urea and 760000 tonnes of diesel exhaust fluid (DEF).
La Coop federee, an agri-food organisation in Quebec that is one of the project shareholders, has agreed to purchase some 500000 tonnes of urea a year for distribution across the province, Canada and several US states.
The plant is scheduled to be commissioned by 2017.
In January 2013, IFFCO's Canadian subsidiary acquired the land for the plant. The site is at Becancour Port and Industrial Park, which provides access via land, rail and water to markets across North America. The deep-water port will also facilitate exports, especially to markets in Europe.
Indian Farmers Fertiliser Co-operative Limited (IFFCO) was registered as Multi-unit Co-operative Society in 1967. Under Multistate Co-operative Societies act 1984 & 2002, it was deemed to be registered as a Multistate Co-operative Society. The Society is primarily engaged in production and distribution of fertilizers.
IFFCO commissioned ammonia - urea complex at Kalol and Kandla in Gujarat in 1975. Other Ammonia - urea complex was set up at Phulpur in Uttar Pradesh in 1981. The ammonia - urea unit at Aonla was commissioned in 1988.
IFFCO runs the India's oldest ammonia-urea plant at Kalol, Gujarat.
IFFCO Chairman and Managing Director U S Awasthi
When: 19 April 2014