Deepak Fertilisers & Petrochemicals Corporation (DFPCL), a leading manufacturer of fertilizers and chemicals has announced its plan to enhance its Nitric Acid capacities. Since, DFPCL is among the leading manufacturers and suppliers of Nitric Acid in India.
Currently, the company has a manufacturing facility in Taloja, Maharashtra and manufactures three variants of Nitric Acid which include Dilute Nitric Acid, concentrated Nitric Acid and strong Nitric Acid. The current capacity is close to 840,000 MTPA, but most of which is used for captive consumption with only ~160,000 MTPA available for merchant sale. With the increased capacity, the company will be able to provide an incremental ~148,000 MTPA.
Land for this project has already been acquired and the company plans to deploy a state-of-the-art manufacturing facility with an investment of Rs 550 crores. The project is scheduled to be completed by H2 of 2018.
Deepak Fertilisers and Petrochemicals Corporation is engaged in offering industrial and agriculture chemicals and agri products. It manufactures methanol, nitric acid, Iso propyl alcohol, carbon dioxide and hydrogen. Its agribusiness segment provides nutrients and fertilizers. It also offers specialty retailing services under the brand name Ishanya