Gandhinagar: The Gujarat Government has signed an agreement with Deepak Chemtech Limited-DCTL for an investment of ₹5000 crores. Under this MoU, Deepak Chemtech Limited will invest a total of ₹5000 crores to set up 3 projects for manufacturing speciality chemicals, phenol/acetone, and bisphenol, resulting in employment opportunities for 1500 people. The director of the company said that these projects will be operational by the year 2026-2027. The Additional Chief Secretary, Industries...Read More

Vadodara: The Industrial Safety and Health Department has slapped Deepak Nitrate in Nandesari GIDC of Vadodara with a closure notice three days after a huge fire broke out in the company with a huge explosion three days ago. Production activities have been halted and the company management has been asked to get a ‘structure stability certificate’ from a government-approved institution. Seven people suffered injuries in the incident for which probes such as what could have been the reason ...Read More

Vadodara: A major fire erupted at the plant of Deepak Nitrite in the Nandesari-GIDC area of Vadodara on Thursday evening. Fire brigade units were rushed to the scene and are still trying to bring the fire under control. According to reports, seven people have been rescued by Fire Brigade. Parth Bhrambhatt, Fire Chief Officer told the media, "The primary situation seems to be that fire is there in some laboratory that is surrounded by the 1000 & 5000-litre container of IP solution... no dea...Read More

Ahmedabad: The largest Indian Phenol and Acetone producing plant of Deepak Phenolics Ltd, situated in Gujarat has that began operation almost five months ago, would decrease the import figures of these chemicals by around 60% and in longer run was likely to save around $ 400 million of valuable foreign exchange each year. Addressing a press conference here CMD of the company wholly owned subsidiary of Deepak Nitrite, Deepak Mehta today informed this. He said that before the ...Read More