Deepak Fertilizers is operating its IPA unti at its full capaicyt. Earlier the company was under pressure from Chinese dumping and its production declinedin FY 19 by 17.39%.
Due to pandemic demand for hand sanitisers has invreased by 1o folds. As a result IPA, a key ingredient in hand sanitisers, has seen a surge in demand. As a result, Deepak Fertilisers and Petrochemicals (DFPCL) has seen increase in demand from segments such as pharma, hand sanitiser, inks and derivatives. DFPCL is the largest and sole manufacturer of IPA in the country. DFPLC manufactures IPA at its plant in Taloja and its current installed IPA capacity is 70,200 MT. The company is in the process of setting up another 100,000 MT IPA plant in near future. DFPCL also trades IPA and imports it mainly from NE Asian countries.
