One of the largest companies within the Murugappa Group, Coromandel International, has been vitalising the agricultural sector since its inception in 1964 under the name Coromandel Fertilizers. Today, Coromandel International is a leading manufacturer and markets a wide range of Fertilisers, Speciality Nutrients, Crop Protection and Retail.
Coromandel manufactures and markets around 2.9 million tonnes of phosphatic fertilisers, making it a leader in its addressable markets and the second largest phosphatic fertiliser player in India. In its endeavour to be a complete plant nutrition solutions company, Coromandel has also introduced a range of Speciality Nutrient products including Organic Fertilisers. The Crop Protection business produces insecticides, fungicides and herbicides and markets these products in India and across the globe. Coromandel is the second largest manufacturer of Malathion and only the second manufacturer of Phenthoate.
Sabero Organics, a leading producer and supplier of Crop Protection chemicals and specialty chemicals and a significant player in Mancozeb fungicide in global markets, is a subsidiary company of Coromandel.
Coromandel has also ventured into the retail business setting up more than 420 rural retail centers in the agri segment called ‘Mana Gromor’ out of which about 200 centres have lifestyle segment called ‘Mitra’.
The Company has strategic partnerships with leading companies across the globe. A Technical Assistance Agreement was inked with Foskor (Pty) Ltd. of South Africa, one of the largest phosphoric acid producing companies, for extending Coromandel’s technical assistance. Coromandel and Gujarat State Fertiliser Corporation (GSFC) signed a joint venture agreement in November 2005 with Groupe Chimique Tunisien (GCT) and CPG of Tunisia to set up a phosphoric acid plant at La Skhira, Tunisia, at an estimated cost of US$ 500 million.
Coromandel was voted one of the Top 10 Greenest Companies in India by Tata Energy Research Institute (TERI) - Business Today, reflecting the Company`s commitment to the environment and society.
The organisation has come a long way since 1906 and owes its success to its engaged workforce and customers, committed vendors, suppliers and supportive investors.