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Company Directory - Coromandel International Limited

Company Details - Coromandel International Limited

Coromandel International Limited Logo

Coromandel International Limited

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Coromandel International Limited is a leading Indian company in the business of fertilizers, crop protection, and public health. With a strong focus on sustainable agricultural practices and providing high-quality products and services, the company operates a facility in Ennore for fertilizer handling and packaging.

CCI Score

CCI Score: Coromandel International Limited

-17.53

Latest Event

Coromandel International Partners with IFDC for Sustainable Fertilizer Innovation

Coromandel International Limited signed a Master Research Agreement with the International Fertilizer Development Center to advance innovation in fertilizer development and promote sustainable agriculture in India. The partnership leverages the firm’s advanced R&D facilities and market reach alongside IFDC’s global expertise, aiming to deliver new fertilizer solutions that enhance crop productivity, reduce input costs, and improve environmental outcomes.

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ENABLER

Coromandel International Limited is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Coromandel International Partners with IFDC for Sustainable Fertilizer Innovation Logo
    DEC
    04
    2024

    Coromandel International Limited signed a Master Research Agreement with the International Fertilizer Development Center to advance innovation in fertilizer development and promote sustainable agriculture in India. The partnership leverages the firm’s advanced R&D facilities and market reach alongside IFDC’s global expertise, aiming to deliver new fertilizer solutions that enhance crop productivity, reduce input costs, and improve environmental outcomes.

  • +60

    Business Practices and Ethical Responsibility

    May 30

    The strategic partnership emphasizes sustainable and innovative agricultural solutions, aligning with progressive, community-focused business practices. By investing in sustainable fertilizer development, Coromandel demonstrates a commitment to ethical responsibility and environmental stewardship that benefits farmers and marginalized communities.

    Coromandel International and International Fertilizer Development Center Partner to Advance Fertilizer Innovation and Sustainable Agriculture in India

  • Coromandel International Partners with IFDC for Fertilizer Innovation Logo
    DEC
    03
    2024

    Coromandel International Limited signed a strategic Master Research Agreement with the International Fertilizer Development Center to drive sustainable fertilizer innovation in India. The collaboration aims to enhance soil health, improve crop productivity and reduce environmental impact, supporting ethical business practices and technological advancement in agriculture.

  • +40

    Business Practices and Ethical Responsibility

    May 30

    The partnership emphasizes sustainable and ethical business practices by fostering innovation in fertilizer development, which supports the well-being of farmers and promotes socially responsible industrial practices.

    Coromandel International and IFDC Partner to Advance Fertilizer Innovation in India

  • +30

    Technology and Services Impact

    May 30

    The agreement is expected to catalyze technology-driven improvements in fertilizer production, advancing environmentally sustainable practices that bolster the agricultural sector and benefit marginalized farming communities.

    Coromandel International and IFDC Partner to Advance Fertilizer Innovation in India

  • Bribery Allegations and Political Manipulation in Ennore Logo
    AUG
    25
    2024

    Bribery allegations have been raised against Coromandel International Ltd, with PMK leader S Ramadoss alleging that the company paid local protesting residents to remain silent over safety concerns following the resumption of operations at its ammonia fertilizer facility. The claims highlight potential unethical business practices and efforts to manipulate political outcomes by undermining public dissent.

  • -70

    Public and Political Behavior

    May 30

    The allegation that Coromandel International Ltd paid residents to silence them indicates an attempt to manipulate public opinion and evade democratic accountability, which undermines the integrity of public and political processes.

    Investigate bribery allegations against Coromandel: PMK - DT Next

  • -70

    Business Practices and Ethical Responsibility

    May 30

    The bribery allegations suggest a serious breach of ethical business practices, indicating that the company may be prioritizing its operational continuance over transparent and accountable business conduct, thereby undermining trust and ethical responsibility.

    Investigate bribery allegations against Coromandel: PMK - DT Next

  • Controversy Over Alleged Bribery to Quell Protests Logo
    AUG
    24
    2024

    Coromandel International released a statement denying allegations that it paid cash to residents of four Ennore villages to quell prolonged protests following an ammonia gas leak. Despite reports from The News Minute detailing payments to various village members during the protest period, the company asserted that such claims were baseless and emphasized its compliance with all regulatory guidelines.

  • -50

    Public and Political Behavior

    May 30

    The allegations of cash payouts to villagers—if verified—indicate a potential attempt to suppress dissent and mitigate public backlash from an environmental incident, which aligns with authoritarian suppression tactics. Although the company denied the claims and cited adherence to governance standards, the reported actions raise serious concerns about its political behavior.

    Coromandel International says they did not give payouts to Ennore residents

  • Coromandel Refutes Bribery Allegations in Ennore Unit Logo
    AUG
    24
    2024

    Coromandel International Limited issued a statement refuting allegations that village leaders in Ennore were bribed with ₹3 crore in connection with the reopening of its fertiliser unit. The company clarified that the plant resumed operations in full regulatory compliance and has secured all necessary permissions.

  • +30

    Business Practices and Ethical Responsibility

    May 30

    The company’s prompt refutation of bribery allegations and emphasis on regulatory compliance demonstrates a commitment to high governance standards and ethical business practices. This action supports transparency and accountability in business practices, aligning with anti-fascist principles aimed at reducing corrupt influence over community leaders.

    Fertiliser unit refutes allegations of bribery to village leaders in Ennore

  • Ammonia Leak and Safety Negligence at Ennore Facility Logo
    DEC
    26
    2023

    Following an ammonia leak on December 26, 2023, at the Coromandel International Limited Ennore unit, traders and local residents from 33 villages protested by shutting their shops and organizing road blockades, demanding the permanent closure of the plant. The protest was fueled by accusations that the company failed to implement essential emergency alert systems and preventive safety measures.

  • -60

    Business Practices and Ethical Responsibility

    May 30

    Coromandel International Limited is criticized for neglecting critical safety protocols, notably the failure to install a proper emergency alert system at its Ennore facility. This negligence has resulted in hazardous conditions, leading to a mass protest by local communities demanding the facility's permanent closure. The incident underscores a serious lapse in ethical business practices and responsibility towards community safety.

    TN: Ennore Traders Down Shutters, Demand Permanent Closure of Coromandel International Ltd

  • Ammonia Leak Incident Leads to Regulatory Fines Logo
    DEC
    26
    2023

    On December 26, an ammonia leak from Coromandel International Limited’s fertilizer plant in Tamil Nadu caused health issues, with 52 people treated for ammonia poisoning. Regulatory investigators have mandated a fine of 59.2 million rupees and required extensive safety upgrades, including replacing the old offshore pipeline and installing warning systems, while local communities protested against the incident.

  • -50

    Business Practices and Ethical Responsibility

    May 30

    The incident demonstrates significant lapses in corporate safety and environmental responsibility, resulting in public health issues and regulatory action. The failure to prevent the ammonia leak, which necessitated heavy fines and mandated upgrades, indicates a disregard for ethical business practices and public safety.

    Leading Indian fertilizer company faces fines over ammonia leak

  • Potential Legal Action Following Ammonia Gas Leak Logo
    DEC
    26
    2023

    Coromandel International faces potential legal action and a demand to pay ₹5.92 crore in environmental compensation following an ammonia gas leak at its Ennore facility. The incident led to severe ecological damage, including the death of marine life and health risks for nearby residents, prompting state regulatory intervention.

  • -60

    Business Practices and Ethical Responsibility

    May 30

    The ammonia gas leak represents a significant lapse in safety and regulatory compliance, leading to environmental harm and public health risks. This negligence, particularly impacting vulnerable local communities, underscores deficient business practices and ethical responsibility.

    Action likely against fertiliser firm over ammonia gas leakage in Tamil Nadu’s Ennore

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