Royal Group linked to new $2.2bn firm
A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd would produce urea fertiliser for both the Cambodian and regional markets, Vinojit Ambalavaner, the managing director of Royal Group’s oil, gas and chemicals operations, said. The company plans to later control the distribution, shipping and export of the product as well. “The intention is to have the whole value chain,” Ambalavaner, who also serves as a director of Nitrogen Chemicals, said…
