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Phenol Acetone project likely to be commissioned in last quarter of 2017 by Deepak Nitrite

Published on June 7, 2017

As announced earlier DNL (Deepak Nitrite Ltd) has started the construction of its mega project to manufacture 200,000 MTPA of Phenol and 120,000 MTPA of the co-product Acetone. This will be supported by manufacturing 260,000 MT of Cumene, which is a feedstock for manufacturing Phenol and Acetone. This proposed plant is located at Dahej in Gujarat. The total expenditure of this project is estimated to be around Rs1400 crore. According to company sources, the world-class Phenol & Acetone project is taking good shape and has attained substantial progress in the construction work. This project is expected to be commissioned in the last quarter of current financial year. Till date, the Company has invested an amount of close to Rs. 475 crore. Overall, more than Rs. 900 crore has been committed for this project implementation till date.

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