Zuari Industries, a joint venture between the K K Birla Group and the US Steel Corporation today said that it has signed gas supply agreement with Gas Authority of India (GAIL) for supply of RLNG to its fertilizer plant.

The RLNG will be used as feed stock in place of Naphtha for Company`s plant at Zuarinagar, Goa.

 The expected date of supply of RLNG is Jan. 01, 2013.

The company is into manufacturing and distribution of ammonia, fertilisers, pesticides and urea as well as marketing of seeds.

Shares of the company gained Rs 2.05, or 0.54%, to settle at Rs 382.85. The total volume of shares traded was 6,004 at the BSE (Thursday).