Madras Fertilizers (MFL) has entered into an agreement with Indian Potash (IPL)
to manufacture 20-20-0-13 (N-P-K-S) complex for the company.
Currently, MFL is in the process of stabilising its complex fertilisers
production line to manufacture complexes for IPL. Production is expected to
stabilise at about 20,000 tonne over the next one month. Currently, MFL is
producing about 7,000 tonne per month.
The product is likely to be branded for IPL which will import the raw
materials at its own cost and pay the conversion cost to MFL.