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.

Deepak Nitrite Share Price

2211.15 46.60 (2.15%)
02-Dec-2022 18:01 View Price Chart
Peers
Company Name CMP
Tata Chemicals 1039.35
Pidilite Inds. 2735.10
Aarti Inds 674.15
Chemplast Sanmar 436.60
Atul 8893.45
View more..