Deepak Nitrite is favourably positioned to capture opportunities across the chemicals and speciality chemicals landscape. As the operations cost for China, world’s largest supplier, increase due to focus on sustainable manufacturing, it will result in an increase in the landed cost of chemicals. Improving the competitiveness of alternate suppliers, it will open up opportunities for established players such as Deepak Nitrite.
Exploring new avenues
To address the opportunity in the domestic market for Phenol and Acetone which is currently met by imports, Deepak Nitrite has undertaken a greenfield project at Dahej, Gujarat. Deepak Phenolics, Deepak Nitrite’s 100% subsidiary company which manufactures Phenol, Acetone & IPA.
This plant with an investment of 1400Cr. is based on cutting-edge (KBR and ThyssenKrupp) Technology and IOT enabled will be best-in-class resource and energy efficient in the Industry.
The capital expenditure of Rs. 1,400 crore is being funded by debt and equity in the ratio 60:40
Biggest private sector investment in recent times in India.
due to boost in production of derivatives and downstream intermediates
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