Deepak Fer­tilis­ers set to boost ca­pac­ity

India Business Journal - - NEWS ROUND-UP -

Deepak Fer­tilis­ers and Petro­chem­i­cals Cor­po­ra­tion plans to in­vest Rs 450 crore to ex­pand

pro­duc­tion ca­pac­ity at its plant in Taloja near Mum­bai. The funds will be used to en­hance pro­duc­tion of iso­propyl al­co­hol (IPA) and di-iso­propyl ether (DIPE). The com­pany is the sole man­u­fac­turer of IPA in

In­dia, a sol­vent pri­mar­ily used by the phar­ma­ceu­ti­cal in­dus­try. The Pune-based com­pany will ex­pand IPA ca­pac­ity by 1 lakh tonnes per an­num and DIPE pro­duc­tion by 70,000 tonnes per an­num. The project is ex­pected to be com­pleted in about 30 months.

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