Paradeep Phosphates Limited (incorporated in 1981) is a premier fertilizer company engaged in manufacturing and marketing of complex phosphatic fertilizers. The company was initially commissioned as a joint venture between Government of India and Republic of Nauru and subsequently, in 1993 it was changed into a wholly owned Government of India Enterprise. After disinvestment by Government of India in February 2002, the management of the company is presently with the fertilizer majors - Zuari-Chambal Group and OCP of Morocco.
PPL produces about 1.2 million metric tonnes of DAP and other complex fertilizers annually. The plant also produces intermediary products like Phosphoric Acid and Sulphuric Acid, which are critical raw materials in the manufacture of phosphatic fertilizers. The plant, located in the port town of Paradeep in the district of Jagatsinghpur in Orissa, has an installed capacity of 7,20,000 metric tonnes per annum of DAP (2,400 metric tonnes per day). PPL is one of the largest integrated DAP plants in India. With a market share varying around 13%, it has a strong presence in the complex fertilizer market - its products marketed under the popular NAVRATNA brand represent a combination of multiple nutrients like Nitrogen, Phosphorus, Potash and Sulphur etc. PPL range of products cater to almost all agricultural applications.
With a stellar turnaround, PPL is a case study in favour of privatization. The company?s focus on performance and continuous efforts towards development are reflected in the FAI Awards for Improvement in Overall Performance of the company in 2002-03, 2005-06, 2008-09 and the Best Technical Innovation in the year 2005 - 06. PPL received the ISO 14001: 2004 certification in May 2006 for good environment management systems, reflecting the fact that along with technical advancement, the company also values maintaining and working towards a clean and safe environment.