Page 144 - CW E-Magazine (22-4-2025)

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an aggregate investment of about Commenting on the
Rs. 3,500-crores. development, Mr. Deepak
Mehta, Chairman and
The investment amount will be Managing Director of
fi rmed up during detailed engineering Deepak Nitrite said,
and is to be funded through a mix of “Deepak Group is com-
debt and equity, the company informed mitted to create one
in a stock exchange fi ling. The new capa- of the most integrated
city of phenol and acetone would be capacities, which will
ultimately integrated to produce poly- give it great resilience
carbonate resins (PC). DCTL has and strength that is a
already signed agreements to acquire and must in current times.
shift a PC plant from Germany to India.
The products being
The proposed new capacities will be its recently commissioned facility at import substitute, will increase
in addition to the existing capacities of Savli, Vadodara (Gujarat). our Group’s contribution towards
330-kta of phenol, 200-kta of acetone Atmanirbharata and the path of Vikshit
and 80-kta of IPA operated by Deepak This facility is introducing new Bharat.”
Phenolics Ltd., another wholly-owned PC compounds for electronic and
subsidiary of the company. Deepak mobility sectors. Once completed, the Separately, the Board of DCTL
Nitrite informed that another subsidiary, entire complex will help the Deepak also approved investment of around
Deepak Advanced Materials Ltd., has group to meet India’s growing market Rs. 220-crore to support its foray into
started PC compounding operations at demand. speciality fl uoro chemicals.

Keyaan Distilleries inaugurates ethanol plant in UP

UP Chief Minister Mr. Yogi
Adityanath has inaugurated Keyaan
Distilleries’ 300-klpd grain-based
distillery in Gorakhpur. Designed,
engineered, and commissioned by Pune-
based Praj Industries Ltd., the facility
will produce fuel ethanol and rectifi ed
spirit for medicinal use using broken
rice, maize, and corn as feedstock.
The plant is scalable up to 500-klpd.

Spread across 30 acres, the distil-
lery is expected to create over 1,200
direct and indirect jobs, while provid-
ing consistent demand for local grains –
empowering farmers and integrating
them into the clean energy value chain. “Praj Industries has delivered an in- empowered India,” Praj said in a press
tegrated, future-ready distillery solu- note. Keyaan Distilleries, a leading
The CM praised the project for tion, combining high effi ciency with manufacturer of ethanol, extra neutral
enhancing energy security, promoting environmental sustainability. alcohol, carbon dioxide, and associated
foreign exchange savings through chemicals, had earlier committed an
reduced crude imports, and setting The inauguration marks a defi ning investment of Rs 1,200-crore under an
the stage for advanced green fuels moment in the journey toward a self- agreement with the Gorakhpur Indus-
like Sustainable Aviation Fuel (SAF). reliant, energy secure, and agriculturally trial Development Authority (GIDA).

144 Chemical Weekly April 22, 2025

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