In a strategic move to strengthen its backward integration and scale up raw material production, Deepak Nitrite Board has approved a ₹3,500 crore greenfield investment. The project will establish new manufacturing capacities of:
*300 KTA of Phenol
*185 KTA of Acetone
*100 KTA of Isopropyl Alcohol (IPA)
The expansion complements Deepak Nitrite’s existing production infrastructure and aligns with its long-term vision to integrate upstream feedstocks for the future production of Polycarbonate (PC) Resins.
Total Investment
The latest approval builds on the company’s earlier commitment of ₹5,000 crore toward its PC Resin project. With the new allocation, the total planned investment in this segment now stands at approximately ₹8,500 crore. The move underscores Deepak Nitrite’s ambition to create a fully integrated and self-reliant value chain for PC resins, catering to growing domestic and global demand.
Reinforcing Leadership in Chemical Intermediates
Deepak Nitrite Limited continues to maintain its leadership in the chemical intermediates sector with a diverse portfolio serving multiple industries, including:
*Dyes and pigments
*Agrochemicals
*Pharmaceuticals
*Plastics and textiles
*Paper and personal care products
Deepak Nitrite is also a prominent supplier of petrochemical derivative intermediates such as phenolics, acetone, and IPA.
Commitment to Responsible Manufacturing
As reported by tradebrains.in, all of Deepak Nitrite six manufacturing locations are accredited under the Responsible Care initiative, reflecting the company’s dedication to safety, sustainability, and ethical chemical production both in India and internationally.
