Deepak Nitrite Limited CC-Sep23.pdf · 2023-11-09
So, a couple of questions. First, on the growth capex front. So, we signed an MOU with Gujarat Govt. regarding the INR 5,000 crore investment plan. So, what is the progress on it? And if possible, can you throw some light with respect to the bifurcation of the capex across the specialties, phenol, acetone, bisphenol, and probable timelines for the same?
So, going forward for the next four to five years, it will be a complete transformation from being to exchange of commodity to going venture into a specialty kind of setup. So just wanted to get a sense, like whatever investments which we are making in, so where does China compete? And particularly, it can be a big trade because a lot of investment will be going in this particular domain. So, if this particular destocking in Chinese continues for some more time. So, can it have a delay on the timelines which we are setting in?