India’s Gujarat State Fertilisers and Chemicals Ltd. (GSFC) on Aug. 23 told CNBC that it expects a 15-20% increase in fertilizer volumes. The company said its fourth ammonium sulfate plant, which will have a capacity of 132,000 mt/y, should start up in December.
In 2024, GSFC said three new plants will come up, including its fifth sulfuric acid plant, a solar power plant, and a facility to produce HX crystal. A revamped urea plant is expected to come online in 2025.