Vadodara-based chemical manufacturer Deepak Nitrite Limited (DNL) will invest Rs 1,200 crores to set up a phenol and acetone plant at Dahej in Bharuch district in Gujarat.

“The board of directors approved to undertake a project for manufacturing phenol and acetone with a capital outlay of around Rs 1,200 crores. The proposed Phenol plant will be located at Dahej,” Deepak Nitrite Limited said in a filing with the Bombay Stock Exchange (BSE) on Friday.


The capacity of the Phenol plant will be 200,000 million tonnes per annum (MTPA) and that of co-product Acetone will be 120,000 MTPA, the company said.

here is company details.

 

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