TSSEZ to build technical ammonium nitrate plant

Chief Minister of Odisha, Shri Naveen Patnaik recently performed the ground-breaking ceremony of the Rs 2200 crore Technical Ammonium Nitrate (TAN) project of Smartchem Technologies Ltd. being set up at Gopalpur Industrial Park by Tata Steel Special Economic Zone Limited (TSSEZ) which is a fast emerging as a preferred investment destination in India. Earlier in July this year, a new tea packaging plant of Tata Consumer Products Limited (TCPL) was inaugurated in the Park which has been set up with an investment of Rs 100 crore. 
Smartchem Technologies Ltd. is a 100% subsidiary of Deepak Fertilizers and Petrochemicals Limited (DFPCL), which is ranked among the top five producers of TAN in the world. STL has signed a sub-lease deed agreement with the developers of the industrial Park, Tata Steel Special Economic Zone Limited (TSSEZ), a 100% subsidiary of Tata Steel for setting up this complex that will be spread over 40.24 acres of land. The project is expected to cater to around 30% of TAN demand in the country. STL will produce all variants of solid ammonium nitrate pills, including the medical-grade, from the same plant.
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