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Private Sector | Gujarat - India | PID: 191348
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Deepak Nitrite has lined up capex plan worth Rs 200 crore in the next three-nine months for setting up a facility to a solvent-isopropyl alcohol (IPA) at its existing complex at Dahej in south Gujarat.
By February or March 2019, the company will come up with one more downstream product, one more solvent - IPA. The company also intends to set up a power plant. The projects will be commissioned in the next nine months.
Deepak Nitrite has set up the country's largest phenol-acetone plant at Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) with a capacity of about 2,00,000 tpa.
The capacity for co-product acetone is 1,20,000 tpa. Considering future prospects and its plans to venture into more downstream products, Deepak Nitrite has also acquired about 125 acre land for future expansions.
| Updated on: 06 - Dec - 2019
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