Deepak Nitrite Ltd. is an Indian

chemical A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...

manufacturing company. The company’s manufacturing facilities are located at

Nandesari Nandesari is a census town in Vadodara district in the Indian States and territories of India, state of Gujarat. Demographics India census, Nandesari had a population of 7259. Males constitute 53% of the population and females 47%. Nandesari ha ...

and

Dahej Dahej is a cargo port situated on the South-west coast of Gujarat, India in Bharuch district. There is 17.5 million tonnes per year capacity LNG terminal operated by Petronet in Dahej. Port Information General The Port of Dahej is located in ...

Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories ...

Roha Roha () is a town and subdistrict/upazila/tehsil in the Raigad district of Maharashtra state in India, 120 km southeast of Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the ...

and Taloja in

Maharashtra Maharashtra () is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to th ...

and

Hyderabad Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...

Telangana Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, ele ...

. Deepak Nitrite produces a spectrum of chemicals, including

agrochemicals An agrochemical or agrichemical, a contraction of ''agricultural chemical'', is a chemical product used in industrial agriculture. Agrichemical typically refers to biocides (pesticides including insecticides, herbicides, fungicides and nematicid ...

, colourants,

rubber Rubber, also called India rubber, latex, Amazonian rubber, ''caucho'', or ''caoutchouc'', as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds. Types of polyisoprene ...

pharmaceuticals Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

speciality Specialty or speciality may refer to: * Deed, a contract in law * Index of speciality, a geometrical invariant * ''Speciality'' (album), an album by J-Pop singer Nami Tamaki * Specialty (medicine), a field within medicine * Specialty (dentistry), ...

and

fine chemicals In chemistry, fine chemicals are complex, single, pure chemical substances, produced in limited quantities in multipurpose plants by multistep batch chemical or biotechnological processes. They are described by exacting specifications, used f ...

. Deepak Mehta is the

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the company and his son Maulik Mehta is the

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

History

The founder of the company Chimanlal Khimchand Mehta (father of Deepak Mehta) was the known chemical trader in Jain family of Gujarat. The company was incorporated in March 1970.

Sodium nitrite Sodium nitrite is an inorganic compound with the chemical formula . It is a white to slightly yellowish crystalline powder that is very soluble in water and is hygroscopic. From an industrial perspective, it is the most important nitrite sa ...

and nitrate plants were commissioned at Nadesari,

Vadodara Vadodara (), also known as Baroda, is a city situated on the banks of the Vishwamitri River in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district. The city is named for its abundance of banyan ...

and production started in 1972. The plant produces chemicals like

sodium nitrite Sodium nitrite is an inorganic compound with the chemical formula . It is a white to slightly yellowish crystalline powder that is very soluble in water and is hygroscopic. From an industrial perspective, it is the most important nitrite sa ...

sodium nitrate Sodium nitrate is the chemical compound with the chemical formula, formula . This alkali metal nitrate salt (chemistry), salt is also known as Chile saltpeter (large deposits of which were historically mined in Chile) to distinguish it from ordi ...

and other allied chemicals, dyes, hexamethylene tetramine and dyes intermediates. The company held its

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

(IPO) in 1971. The IPO oversubscribed by 20 times. In 1984 company acquire Sahyadri Dyestuffs & Chemicals unit from ''Mafatlal Industries''. Company established Hydrogenation Plant at Taloja,

in 1995. The company acquired ''management and control of Aryan Pesticides Limited,

'' and ''DASDA Division of Vasant Chemicals,

'' in 2003 and 2007 respectively. In 2015, The company promoted ''Deepak Phenolics Limited'' for the manufacturing of

phenol Phenol (also known as carbolic acid, phenolic acid, or benzenol) is an aromatic organic compound with the molecular formula . It is a white crystalline solid that is volatile and can catch fire. The molecule consists of a phenyl group () ...

acetone Acetone (2-propanone or dimethyl ketone) is an organic compound with the chemical formula, formula . It is the simplest and smallest ketone (). It is a colorless, highly Volatile organic compound, volatile, and flammable liquid with a charact ...

. Deepak Phenolics is a subsidiary of Deepak Nitrate. Deepak Phenolics manufactures pharmaceutical grade

isopropyl alcohol Isopropyl alcohol (IUPAC name propan-2-ol and also called isopropanol or 2-propanol) is a colorless, flammable, organic compound with a pungent alcoholic odor. Isopropyl alcohol, an organic polar molecule, is miscible in water, ethanol, an ...

(IPA) and acetone. The company is also planning on producing downstream products of phenol and acetone. In 2021, Deepak Mehta stated that the company also has

hydrogenation Hydrogenation is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to redox, reduce or Saturated ...

capabilities, and are also looking to add fluorination to their chemical offerings.

References

External links

* Chemical companies of India Manufacturing companies of India Pharmaceutical industry of Gujarat 1970 establishments in Gujarat Companies based in Vadodara Manufacturing companies established in 1970 Indian companies established in 1970 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange {{med-company-stub

History

See also

References

External links