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Acid Plant Database November 4, 2011
Owner | Southern Petrochemical Industries Corporation (SPIC) |
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Location |
Tuticorin India |
|
Background | - | |
Website | www.spic.in | |
Plant | - | |
Coordinates* | 8° 44' 26" N, 78° 8' 21" E | |
Type of Plant | Sulphur Burning | |
Gas Source | Elemental Sulphur | |
Plant Capacity | 470 MTPD | |
SA/DA | Retrofitted to DA | |
Emissions | - | |
Status | - | |
Year Built | 1975 | |
Technology | - | |
Contractor | - | |
Remarks | Acid Plant Power Generation: 6 MW | |
Pictures |
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|
General |
Other Production - Ammonia: 1100 MTPD - Urea: 1600 MTPD - Phosphoric Acid: 165 MTPD - Di-ammonium Phosphate: 1350 MTPD - Aluminum Fluoride: 8 MTPD Power Production: 24 MW combined capacity |
|
References |
“Life Extension of a Vintage Plant Through Reliability Improvement Systems”,
IFA Technical Conference, |
|
News |
October 22, 2011 - The cash-strapped, debt-burdened
Southern Petrochemicals Industries Corporation (Spic) will soon enter into
an agreement with Greenstar Fertilizers to sell its phosphatics business,
including that of sulphuric acid, phosphoric acid, DAP, NPK, single super
phosphate and aluminium fluoride units, situated at Tuticorin district of
Tamil Nadu, for an undisclosed sum.
Interestingly, Spic group company, Sicagen India, is said to have
invested R50 crore into Greenstar Fertilizers for 11% non-convertible
redeemable cumulative preference share of R100 each, sources pointed out.
Greenstar was incorporated in August 2010 with an aim to distribute
imported fertilisers, micro nutrients apart from entering into manufacturing
of fertilisers and allied products. It is learnt that Greenstar has offices
in Noida and Chennai. Promoters of Spic, including AC Muthiah, Ashwin
Muthiah and Sidd Lifesciences (run by Ashwin Muthiah) together hold 48% in
Sicagen
September 16, 2011 - Cash-strapped Southern Petrochemicals
Industries Corporation (Spic) plans to sell its phosphatic (including
sulphuric acid, phosphoric acid, DAP, NPK, single super phosphate and
aluminium fluoride) business situated at Tuticorin, together with the
business undertaking, for a consideration of not less than R300 crore to
bring down its liabilities of R3,000 crore.
Interestingly, the plant was revived only in October last year after
three years of closure owing of huge debt and lack of working capital, among
other issues. Asset
Reconstruction Company of India (ARCIL) (debt aggregator) has decided to
sell the Tuticorin plant business also to raise funds to bring down the
overall liability. ACRIL took over the entire debt portion of Spic a few
years ago and has been involved in selling several Spic properties,
including real estate properties in TN, Mumbai and other places, non-core
businesses and its stake in JVs including Spic
September 15, 2011 - Southern Petrochemicals Industries
Corporation Limited has informed the Exchange that as part of the financial
restructuring of the Company the Board of Directors at its meeting held on
September 14, 2011 approved the proposal for the sale of the Phosphatic
(including Sulphuric Acid, Phosphoric Acid, DAP, NPK, Single Super Phosphate
and Aluminium Fluoride) Business of the Company situated at Tuticorin,
together with the Business Undertaking, for a consideration of not less than
Rs 300 crores, (which price may be adjusted against any secured liabilities
that may be transferred along with the Business Undertaking) on the terms
and conditions and in the manner as deemed fit by the Board. The above
proposal will be subject to the approval of the shareholders by postal
ballot and other necessary approvals.
|
MTPD - Metric Tonne per Day
STPD - Short Ton per Day
MTPA - Metric Tonne per Annum STPA - Short Ton per
Annum
SA - Single Absorption
DA - Double Absorption
* Coordinates can be used to
locate plant on Google Earth