Port Gentil, Gabon — India’s Tata Chemicals Ltd. has opted to pull out of plans to have a 25.1 percent equity stake in a proposed greenfield ammonia and urea project here (GM Sept. 19, 2011, p. 12). Other partners include Olam International Ltd. and the Gabon government. Tata reportedly made the move due to a new focus away from overseas projects, as well as an indication by Olam that it was moving to a minority, instead of majority, stake in the project.
Transparency Across the Fertilizer Value-Chain