Paradeep Phosphates Limited (PPL) is one of India's leading private sector players in phosphatic fertilizers. PPL currently has a total capacity of 3 million MT, of which 2.60 million MT is Phosphates and the balance 0.40 million MT is Urea. PPL can produce a wide mix of phosphatic fertilizers, across six fungible production trains, ranging from DAP, N-10, N-12, N-14, N-19, N-20, N28 and others. The company is also a major supplier of various industrial products like Gypsum, Zypmite, HFSA (Hydrofluorosilicic Acid), Sulphuric Acid, and Ammonia.
The company’s two large manufacturing units are at Paradeep, Odisha (1.8 million MT) and at Zuarinagar, Goa (1.2 million MT).
PPL sources its raw materials globally through long-term contracts and sells the finished fertilizers under the established brand names of “Jai Kisaan” and “Navratna” to over 8 million farmers across 16 states in India.
PPL was incorporated in 1981 as a joint venture between the Government of India (GoI) and the Republic of Nauru (RN) to set up a phosphatic fertilizers manufacturing unit at Paradeep, Odisha. Later in 1993, with the divestment of RN's stake, PPL became a public sector enterprise (PSU). Subsequently, in 2002, GoI decided to divest close to 80% of its stake in favour of Zuari Maroc Phosphates Pvt. Ltd. (ZMPPL), a joint venture between Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. While ZACL is a pre-eminent fertilizer player in India; the OCP Group, based in Morocco, is one of the world's largest phosphatic companies, controlling over 70% of the world's known phosphate reserves, with a revenue of over USD 10 billion in FY 22.
In May 2022, PPL successfully completed its INR 1500 crore initial public offering (IPO), during which GoI divested its entire remaining 19.55% stake. The company also used part of the proceeds to complete the acquisition of the 1.2 million MT fertilizer plant in Goa in June 2022. Post IPO, ZMPPL holds 56.10% in PPL.
To be the one-stop solution for the farm economy.
To create value for farmers and stakeholders by providing integrated agri-solutions to all farm needs.
Paradeep Phosphates Limited has won several prestigious awards and accolades in the areas of sustainability, corporate excellence, and leadership. It has also been recognised for its exemplary leadership in the chemicals and fertilizer sector in the country.
View allOCP, founded in 1920, with revenues of over USD 10 billion in 2021, is one of the leading global producers of phosphate rock. It operates largely in Morocco and the Western Sahara region which has approximately 70% of the global phosphate rock reserves, and is 95% owned by the Moroccan government.
OCP has a monopoly on the exploration and operation of phosphates, and is engaged in all activities, operations and services related to the operation, development, marketing, and promotion of phosphates and their derivatives, both in Morocco and abroad.
Visit websiteZuari Agro Chemicals Ltd. was founded in 1967 by eminent Indian industrialist, Late Dr. K. K. Birla and has been a leading player in the Indian fertilizer space ever since. Today, it is the holding company of several other companies in the related space, including Paradeep Phosphates (PPL), Mangalore Chemicals and Fertilizers Ltd. (MCFL) and Zuari FarmHub Ltd (ZFHL).
MCFL is a leading fertilizer producer and supplier to the Southern states of the country, offering both urea and phosphatic fertilizers. ZFHL (a 100% subsidiary of ZACL) is deeply involved in the non-bulk space and deals with specialty nutrients, crop protection, and seeds. Zuari FarmHub also has a network of company-owned and company-operated retail stores called Jai Kisaan Junctions that sell agri-inputs and other farm solution products directly to end consumers. Today, Zuari Agro Chemicals is the flagship company of the Adventz Group, led by Chairman Mr. Saroj Kumar Poddar.
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