Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has announced an ambitious ₹5,000 crore investment to establish a state-of-the-art polycarbonate manufacturing plant at Dahej, Gujarat. The facility, designed to produce 165,000 metric tonnes annually, is slated for commissioning by the fourth quarter of FY 2028.
As part of this initiative, Deepak Chem has entered into a strategic agreement with Trinseo to acquire its polycarbonate assets in Stade, Germany. The deal includes access to Trinseo’s globally recognized CALIBRE™ resins and trademarks, along with a technology license to enhance DCTL’s capabilities.
Expanding Polycarbonate Applications
Polycarbonate, a versatile and rapidly growing polymer, is widely used in industries such as automotive (including electric vehicles), electronics, construction, medical devices, and emerging sectors like aerospace and drones.
Strategic Opportunities and Vision
Shri Deepak C. Mehta, Chairman and Managing Director of Deepak Nitrite Limited, hailed the collaboration as a “historic milestone.” He emphasized that this partnership unlocks new opportunities for both companies, particularly in downstream compounds and advanced materials. “The ‘Made in India’ initiative combined with global-scale capacities positions us as a leader in high-quality engineering polymers,” Mehta stated.
Trinseo, a leading global producer of engineering polymers, reported net sales of approximately $3.7 billion in 2023. Its diverse product portfolio serves prominent global brands across multiple industries. Established in 2010, the company leverages decades of industry expertise to provide innovative solutions that enhance sustainability and performance.
Trinseo is committed to advancing circularity by incorporating recycled and renewable materials into its product portfolio and supporting global decarbonization goals. With a focus on innovation and collaboration, Trinseo aims to address evolving market demands while promoting environmental stewardship. Headquartered in Berwyn, Pennsylvania, the company operates manufacturing sites and R&D facilities worldwide, serving as a trusted partner to leading brands.
Deepak Nitrite Limited is a leading manufacturer of chemical intermediates, serving industries such as dyes, pigments, agrochemicals, pharmaceuticals, plastics, and textiles. Operating across seven accredited facilities, the company emphasizes sustainability and innovation, earning accolades like the “Silver Rating” from EcoVadis in 2022. Its adherence to global standards reflects its commitment to the triple bottom line of People, Planet, and Profit.
