Fertilisers: Lower budgeted subsidies dilute positives

Fertilisers: Lower budgeted subsidies dilute positives
Fertiliser stocks which notched up 4-5 per cent gains during the initial part of the Budget presentation had lost much of their sheen by market close on Monday. The actively traded Chambal Fertilisers, Coromandel International and Nagarjuna Fertilisers closed the day with declines in price.
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Indonesian Firm Invests In Petchem Complex
An official at the National Petrochemical Company of Iran said they had reached an agreement with Pusri firm from Indonesia to build a new petrochemical complex in Pars Special Economic and Energy Zone, southern Iran.
Read more on Zawya

PurePOWER Technologies Enters Aftertreatment Business with Customer-Friendly Technology
COLUMBIA, S.C.--(BUSINESS WIRE)--PurePOWER Technologies LLC, a global provider of diesel power system components, has entered the diesel aftertreatment business. PurePOWER® Aftertreatment Systems addresses hydrocarbon and soot reduction utilizing diesel oxidation catalysts (DOC) and diesel particulate filters (DPF). Additional products include a zeolite-based nitrogen oxides (NOx) reduction ...
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Wheat output may top 25m tons
LAHORE: Wheat output is likely to cross the target of 25 million tons this season, beating last year’s production of 23.7 million tons.
Read more on Dawn

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