Sterlite plant closure raised sulphuric acid prices by 300%: CEO
Vedanta-run Sterlite Copper's CEO P Ramnath has said the closure of the company's copper smelter in Tuticorn has increased the prices of sulphuric acid by 300% in 6 months. He added the plant produced sulphuric acid, a key raw material for making fertilisers, as a by-product. The plant met 80-90% of the country's demand for sulphuric acid, Ramnath further said.