ABU DHABI: Indian fertiliser maker Zuari Industries has signed a memorandum of understanding to set up an $800m manufacturing facility in the UAE. The plant in Ras Al Khaimah will produce one million tonnes of di-ammonium phosphate fertiliser a year when it comes on stream, Zuari’s adviser on the deal, Alpen Capital, said. The plant will be Zuari’s first manufacturing facility outside India.Reuters
