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Hot Pursuit News

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(01 Feb 2024, 11:09)

Deepak Nitrite subsidiary inks MoU with Gujarat Govt for Rs 9,000 crore project

Deepak Nitrite said that its wholly owned subsidiary Deepak Chem Tech has signed a memorandum of understanding with Government of Gujarat to invest around Rs 9,000 crore to establish projects at Dahej, Gujarat.


The plants would manufacture polycarbonate resins and compounds; methyl methacrylate (MMA) and poly methyl methacrylate (PMMA) resins and compounds; and aniline.

Polycarbonate is used in electrical and electronic components, 5G and other high end telecommunications devices, automotive and transportation, aviation and defence applications, medical devices, consumer durables, sports and recreational, construction materials, composites, 3D printing, components for renewable energies etc.

Methyl methacrylate (MMA) is used to manufacture PMMA which is used in architecture and construction, lighting, automotive and transportation, electronics - TV and smartphone displays, medical and healthcare devices, storage cabinets, furniture. The other application areas of MMA are in acrylates ...

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