Deepak Chem Tech approves Rs 3,500 crore investment for new chemical capacities

Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite, approved an investment of approximately Rs 3,500 crore to set up new manufacturing capacities for Phenol, Acetone, and Isopropyl Alcohol, along with greenfield infrastructure.

“The Board of Directors of DCTL approved the setting up of new manufacturing capacities for 300 KTA of Phenol, 185 KTA of Acetone, and 100 KTA of Isopropyl Alcohol, along with greenfield infrastructure, at a total investment of approximately Rs 3,500 crore.”insights.dsij.in

• 1 source
• insights.dsij.inLife Insurance Corporation India holds 9.47 per cent stake: Company Board Approves Rs 3,500 Crore Investment Across 3 New Manufacturing Capacities to Boost Integrated Chemical ProductionDSIJ Intelligence-2Apr 10, 2025

Summarized from public sources; check the original articles before acting on it.