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India GSFC pact with US firm on waste use.

233 words
28 September 1998
16:41
Reuters News
LBA
English
(c) 1998 Reuters Limited

AHMEDABAD, India, Sept 28 (Reuters) - India's Gujarat State Fertilizers and Chemicals Limited said on
Monday it had signed a Memorandum of Understanding (MoU) with a US firm to make wood from solid
waste generated by its process plants.

"GSFC has signed an MoU with MR International Inc., Florida USA for development of
phosphochalk-based wood using innovative technologies," a company statement said.

It said the details of investment were yet to be finalised but the project would go on stream in one and a
half years.

GSFC said it has a huge stock of waste phosphochalk - about four million tonnes which can be used
to make ecologically-friendly building materials.

Phosphochalk is a byproduct generated in the making of ammonium sulphate fertilizer.

MR International Inc. is an agent for U.S.-based Ecomat, which has developed technology to use
industrial waste for making cost competitive building materials like bricks, cement and wood, it said.

The company will make doors, windows, electric poles and railway sleepers from the phosphochalk
wood, GSFC said..

GSFC, based in the western city of Baroda, registered a net profit of 1.7 billion rupees ( $40 million) on
a turnover of 19.99 billion rupees in 1997/98 (April-March).

The Gujarat state government has a 42 percent share in the company. ( $1 = 42.5 rupees).

(C) Reuters Limited 1998.

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