Deepak Chem Tech to invest Rs50bn in greenfield chemical plants in Gujarat

Deepak Chem Tech, a subsidiary of Deepak Nitrite, plans to invest Rs 50 billion over four years to set up greenfield plants in Dahej and Nandesari, Gujarat, producing specialty chemicals, phenol/acetone, and bisphenol. The MoU was signed with the Gujarat state government on 24 May 2023.

“India’s Deepak Chem Tech (DCT), a wholly-owned subsidiary of chemicals producer Deepak Nitrite Ltd (DNL) plans to invest Rs 50bn ($604.32) over the next four years to set up plants to produce various chemicals it said in a statement.”icis.com

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• icis.comIndia’s DCT to invest Rs50bn in greenfield chems, specialty chems plantsNov 28, 2021

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