Deepak Chem Tech partners with Praxair India for strategic HyCO plant to secure polycarbonate raw materials

By: ICN Bureau

Last updated : April 30, 2026 7:56 pm



The on-site facility is expected to be commissioned in 2028, in line with DTL's polycarbonate plant


Deepak Chem Tech Limited (DCTL), a subsidiary of Deepak Nitrite Limited, has signed a long-term agreement with Praxair India (a Linde Company) to construct a HyCO plant. This facility will supply essential raw materials for DCTL's upcoming polycarbonate manufacturing plant located in Dahej, Gujarat.

Under the agreement, Praxair India will build, own and operate dedicated on-site facility to supply key feedstocks for polycarbonate production. The arrangement establishes a reliable, long-term supply of an essential input for the project.

This partnership combines DCTL’s downstream materials platform with Praxair India’s industrial gas expertise. The on-site model ensures reliable supply and operational efficiency, allowing DCTL to focus on its core business

DCTL's integrated polycarbonate facility is set to become a key domestic producer for India’s fast-growing automotive, electronics, construction, and consumer sectors. By partnering with Praxair India, the project secures a stable, scalable supply chain designed to ensure high product quality as operations expand.

"This agreement marks an important step in advancing our polycarbonate project," said Meghav Mehta, ED &CEO, Deepak Chem Tech Limited. "A long-term arrangement of critical raw material supply through a dedicated on-site solution enhances execution visibility, supports efficient project delivery and creates value for our customers. We are pleased to partner with Praxair India, whose global expertise and wide capabilities align well with the requirements of this project."

The on-site facility is expected to be commissioned in 2028, in line with DTL's polycarbonate plant. 

Deepak Chem Tech Limited Deepak Nitrite Limited Praxair India Linde HyCO plant polycarbonate raw materials automotive electronics construction

First Published : April 30, 2026 12:00 am