Deepak Chem Tech

Deepak Nitrite's subsidiary Deepak Chem Tech signed an MoU with the Gujarat government to invest around Rs 9,000 crore to establish plants at Dahej, Gujarat, manufacturing polycarbonate, MMA, PMMA, and aniline, with operations expected from 2027.

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.