Deepak Fertilisers and Petrochemicals
Deepak Fertilisers and Petrochemicals, established in 1979, is a publicly listed Indian conglomerate specializing in industrial chemicals, fertilizers, and value-added real estate, with an annual turnover exceeding half a billion USD.
Company History
Established in 1979, Deepak Fertilisers and Petrochemicals started as an ammonia manufacturer. Since then, the company has grown into a multi-product Indian conglomerate. It is publicly listed and has an annual turnover exceeding half a billion USD. Deepak Fertilisers is a significant player in multiple sectors, including industrial chemicals and specialty fertilizers, and has expanded its chemical footprint to Gujarat.
Products
Deepak Fertilisers and Petrochemicals has a diverse product portfolio. This includes industrial chemicals, bulk and specialty fertilizers sold under the flagship brand Mahadhan, farming diagnostics and solutions, and fresh produce. The company also manufactures technical ammonium nitrate and explores value-added real estate projects. Purosolv, one of its brands, offers various certified Pharmacopeia solvents such as IPA, Methanol, Acetone, and MDC, manufactured in a GMP facility.
Strategic Partnerships and Expansions
DFPCL has entered several strategic partnerships and expansions to broaden its impact. Notable partnerships include alliances with AgroStar for home delivery of fertilizers and Samunnati to benefit farmers. Recently, DFPCL secured a long-term LNG supply agreement with Equinor and announced a major investment in a Global Scale Technical Ammonium Nitrate Plant in Gopalpur, Odisha. The company also announced a Nitric Acid Brownfield Expansion and the demerger of its Mining Chemicals & Fertilizer Businesses.
Community Engagement
Deepak Fertilisers and Petrochemicals actively engage in community work through its CSR arm, the Ishanya Foundation, primarily in Taloja and Pune, Maharashtra. The foundation's efforts have extended to supporting India's fight against COVID-19. Additionally, the company has been recognized in India's ET 500 and Fortune India 500 rankings for the year 2019, reflecting its positive contributions and industry standing.
Innovative Retail Ventures
DFPCL has ventured into the retail industry with innovative concepts. The company's retail destination, Creaticity in Pune, is a specialized center for design and interiors, covering over 6 lakh sq ft. This initiative represents India's first and largest retail setup centered on home interiors and design, highlighting DFPCL's diversified business interests and innovative retail solutions.