Chemicals fertilizer & Petrochemical

Deepak Fertilisers And Petrochemicals Corporation is planning an brown field Iso Propyl Alcohol (IPA) plant at Taloja, dist. Raigad, Maharashtra. The Company announced on 22nd September, 2017 its plans to setup a brown field Iso Propyl Alcohol (IPA) plant with high purity Diisopropyl Ether (DIPE) as co-product, at Taloja with an ISBL (Inside Battery Limit) investment of approximately Rs. 4,500 million. The company is expanding its IPA capacity by 100 KTA and 7 KTA Diisopropyl Ether (DIPE); the execution of the project would take around 30 months. Requirement of the key feedstock is going to be met with supplies from HPCL, a leading refinery in Mumbai for which an MOU has been signed recently. A brown field project, the expansion at Taloja will share synergies in various storages and utilities with the existing IPA plant. The production of high purity DIPE, which commands a significant premium, at some additional investment, is an added advantage of the project. [Info as of: Oct. `17]

India \ Maharashtra