Deepak Fertilisers announces demerger of its Mining Chemicals & Fertiliser Businesses

The Board of Directors of Smartchem Technologies Limited (STL) at its meeting held approved a Corporate Restructuring Plan with the objective of unlocking growth potential of each of the businesses. STL is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of industrial chemicals and fertilisers (DFPCL). Commenting … Read more

India’s Deepak Fertilisers to Invest $291M on Ammonium Nitrate Complex

Smartchem Technologies Ltd. (STL), a 100% subsidiary of Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL), said it would invest ₹ 22 billion to set up a technical ammonium nitrate (TAN) complex at Gopalpur Industrial Park in Odisha. The ground-breaking and foundation-laying ceremony was held on Thursday. The project is located at Tata Steel Industrial Park, … Read more