Deepak Chem Tech to acquire Trinseo's polycarbonate assets in Germany

Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite, will acquire Trinseo's polycarbonate assets in Stade, Germany, including a technology license, for Rs 5000 Crore. The acquisition supports a new greenfield polycarbonate resin plant in Dahej, India.

“This is historic collaboration between DCTL and Trinseo opens strategic opportunities for both the companies to explore partnerships in downstream compounds as well as complimentary technology tie-ups to service India's burgeoning appetite for high quality engineering polymers.”prnewswire.com

• 2 sources
• prnewswire.comDeepak Chem Tech Limited to invest Rs 5000 Crores to acquire Polycarbonate Assets of Trinseo at GermanyDeepak Nitrite LimitedNov 15, 2024
• timesofindia.indiatimes.comDeepak Chem Tech to Invest ₹5,000 Crore in Polycarbonate Production via Trinseo Acquisition | Vadodara News - The Times of IndiaTNNNov 16, 2024

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