DCTL partners Praxair India for HyCO plant to secure raw material

Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has signed a long-term agreement with Praxair India (a Linde company). Under this agreement, Praxair India will build, own, and operate a dedicated on-site HyCO plant. This facility will manufacture and supply key raw materials for DCTL's upcoming polycarbonate manufacturing plant in Padariya, Dahej, Gujarat. The partnership ensures a reliable and long-term supply of essential inputs, supporting consistent availability and operational efficiency for DCTL's polycarbonate project. The on-site facility is expected to be commissioned in 2028, aligning with DCTL's polycarbonate plant. This move is crucial for domestic production of high-performance materials for various high-growth sectors.