Subsidiary DCTL inks HyCO plant deal with Praxair India for polycarbonate project

Deepak Chem Tech (DCTL), a wholly owned subsidiary of Deepak Nitrite, has signed a long-term agreement with Praxair India (a Linde company) to set up a dedicated on-site HyCO plant supplying key feedstocks for DCTL's upcoming polycarbonate facility at Padariya, Dahej, Gujarat. Praxair will build, own, and operate the facility, expected to be commissioned in 2028 alongside the polycarbonate plant. The arrangement secures long-term raw material supply for the project serving automotive, electronics, construction, and consumer segments.