Tata Chemicals

Yara International Completes the Acquisition of Tata Chemicals' Urea Plant at Babrala, UP

The buyout will enable Yara to increase its turnover in India over eight-fold to $350 million from $40 million. In August 2016, Yara entered into an agreement with Tata Chemicals’ Babrala plant and distribution business in Uttar Pradesh for $400 million on a debt and cash-free basis, including normalised net working capital.