GSFC Commissions Amsul Plant in India

Indian state-owned Gujarat State Fertilizers & Chemicals Ltd. (GSFC) has commissioned a new plant for the production of ammonium sulfate at Fertilizer Nagar, Vadodara, in Gujarat state.

The Ammonium Sulfate IV plant, the company’s fourth, has 132,000 mt/y of capacity and started commercial production on Jan. 8, according to a Bombay Stock Exchange (BSE) filing by the company.

GSFC’s shares rose as much as 11.72% on Jan. 8 following the new plant’s commercial start-up, the highest since the company’s listing on the BSE on Sept. 26, 1996, according to Indian media reports.