Skip to main content

MoneyWorks4Me

Deepak Nitrite eyes $1 billion turnover in 3-4 years: Report

25 Sep 2017 Evaluate

Deepak Nitrite is reportedly eyeing to achieve $1 billion turnover in the next three to four years. The company is targeting the same with its upcoming Rs 1,400 crore phenol-acetone facility at Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Dahej, Gujarat. Moreover, the company will explore more downstream products from phenol.

Gujarat-headquartered Deepak Nitrite manufactures Bulk Chemicals & Commodities, Fine & Speciality Chemicals and Fluorescent Whitening Agents. The company has manufacturing facilities at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and at Hyderabad in Andhra Pradesh.

Peers
Company Name CMP
Godrej Industries 957.05
SRF 2485.00
BASF India 2955.40
Pidilite Inds. 1576.00
Tata Chemicals 607.25
View more..