Update on the Gabon Fertilizer Project
Tata Chemicals Ltd has informed BSE that:- Tata Chemicals Limited (the Company' or TCL) has decided not to proceed with its proposed 25.1% equity participation in a Greenfield ammonia-urea fertiliser manufacturing project (GFC") in the Republic of Gabon, Africa. On April 11, 2011, the Company had announced its participation in the project in which Olam International Limited (Olam) currently holds 80% stake with the Government of Republic of Gabon ("ROG) holding the remaining 20%....28-03-2014