Deepak Phenolics Commences Commercial Production Of Phenol & Acetone
Deepak Phenotics Limited (DPL), a wholly-owned subsidiary of Deepak Nitrite Limited announced the commencement of commercial production at its Mega-Plant for Phenol & Acetone. This facility, aligned with the 'Make in India' initiative of Government of India, has the capacity to manufacture 200,000 MTPA of Phenol and 120,000 MTPA of its co-product Acetone. This is supported by the capacity to manufacture 260,000 MT of Cumene for captive consumption.
DPL aims to serve India's present demand for Phenol and Acetone from this facility and is expected to benefit from strong demand growth in these products. Local availability of Phenol and Acetone is expected to boost the production of downstream intermediates, which will diversify the applications for these products and further expand the overall market in the country.