# Deepak Nitrite approves ₹3,500 crore investment for new chemical plants

Deepak Chem Tech, a subsidiary of Deepak Nitrite, will invest ₹3,500 crore to set up new plants for Phenol, Acetone, and IPA production. This greenfield expansion supports backward integration into Polycarbonate Resins.

- Type: Investment
- Announced: 2025-04-10
- Where: India
- Value: $420.0M (35.0B INR)
- Status: announced
- Products: Phenol, Acetone, IPA, Polycarbonate Resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Deepak Nitrite](https://endata.com/companies/40376.md)
- [Deepak Chem Tech](https://endata.com/companies/59268.md) (partner)

## Sources

- [inshorts.com](https://inshorts.com/en/news/deepak-nitrite-board-approves--3-500-crore-investment--1744288229378), 2025-04-10: "Deepak Chem Tech, a subsidiary of Deepak Nitrite, will invest ₹3,500 crore to set up new plants for Phenol, Acetone, and IPA production."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.