Adani to invest in ADNOC for speciality Chemicals

The four companies have signed a note of understanding to engage in an exceedingly joint practicability study to assess a collaboration for institution of a chemical advanced in Mundra, Gujarat. In January this year, Adani Group had declared plans to line up a Rs 16,000 crore chemical mill at Mundra in partnership with BASF. The current MoU, the statement aforesaid, was successive step in January announcement. The overall investment is calcula....