Deepak Fertilizers Expands Its Chemical Footprints In Gujarat
Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of industrial chemicals and fertilisers (referred to as “DFPCL” or the “Company”), proudly announces the commercial production of Nitric Acid complex at Dahej, Gujarat. The new facility, with a project cost of approx. Rs. 550 Crores, has production capacities of ~92 KTPA for Concentrated Nitric Acid (CNA) and ~149 KTPA for Diluted Nitric Acid (DNA).
Nitric Acid in different grades are used in nitro aromatics, pharmaceuticals, dyes, steel rolling industry, defence and explosives industries. Major players in the Aromatics segment have expanded their capacities for existing and new products which is expected to drive demand for CNA in the medium to long term in the region.
DFPCL is now the second largest manufacturer of Nitric Acid in Asia, having the largest integrated nitric acid plants with a combined the capacity of about 1.07 Million TPA at Taloja and Dahej. The Company is one of the leaders in the space with the current market share of about 45% and the existing capacities are running at full utilization levels supported by high demand from end-use players and captive requirements. Post addition of these new capacities, the Company’s market share will increase to about 54%.