New Delhi: Tata Chemicals on Thursday said its US subsidiary has tied up with FMC Corporation and Church & Dwight to set up a manufacturing facility of sorbents, used for air pollution control, with an investment of USD 60 million (about Rs 297 crore).
"Tata Chemicals (Soda Ash) Partners, Church & Dwight and FMC Corporation have signed a definitive agreement to form a partnership to manufacture and market sodium-based dry sorbents for air pollution control in electric utility and industrial boiler operations," company said in a statement.
The joint venture firm Natronx Technologies, which would be based at Princeton in SUS, "intends to invest about USD 60 million to construct a 4,50,000 tonnes per year facility to produce sorbents by the fourth quarter of 2012", it added.
The investment will be shared equally by the partners, it said, adding that the demand for this product is estimated in a range of USD 200-400 million by 2015.
Sorbents, primarily sodium bicarbonate and trona, are used by coal-fired utilities to remove harmful pollutants, such as acid gases, in flue-gas treatment processes.
While Church & Dwight manufactures and markets a wide range of personal care, household and speciality products, FMC Corporation is a diversified chemical company in agricultural, industrial and consumer markets globally.
Tata Chemical's wholly-owned subsidiary Tata Chemicals North America owns 75 per cent stake in Tata Chemicals (Soda Ash) Partners, which has formed a partnership with FMC and Church & Dwight.
Tata Chemicals is a market leader in branded Iodised salt segment in the country. It is the world's second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America.