Expansion4 Dec 2025, 06:41 pm
Deepak Nitrite Ltd's Subsidiary Commences Manufacturing Operations at Nitric Acid Plant with $515 Crores Capital Expenditure
AI Summary
Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Ltd., has started manufacturing operations at its Nitric Acid Plant in Nandesari, Dist. Vadodara, Gujarat. The total capital expenditure incurred for the project is approximately ₹ 515 Crores as of the date of commencement. This strategic move will strengthen the group's backward and forward integration, securing key intermediates, enhancing resilience, and deepening penetration into high-value applications. This development marks a significant step in the group's evolution toward a more integrated and value-accretive chemical platform, from Ammonia to Amines.
Key Highlights
- Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Ltd., has commenced manufacturing operations at its Nitric Acid Plant.
- The total capital expenditure for the project is approximately ₹ 515 Crores.
- This strategic move will strengthen the group's backward and forward integration, securing key intermediates, and deepening penetration into high-value applications.
- This development marks a significant step in the group's evolution toward a more integrated and value-accretive chemical platform.
- The new Nitric Acid Plant is located in Nandesari, Dist. Vadodara, Gujarat.