Deepak Nitrite Limited Announces Demise of Chimanlal K. Mehta, Chairman Emeritus and Founder
July 03, 2023 at 11:44 am EDT
Share
Deepak Nitrite Limited announced demise of Shri Chimanlal K. Mehta - Chairman Emeritus & Founder. Shri C. K. Mehta envisioned in 1970 - more than 50 years ago, the dream for 'Make in
India' - to set up a chemical plant based on indigenous technology at Vadodara, which led to incorporation of Deepak Nitrite Limited. He is credited with leading an able Board and laying the foundation of a strong professionally driven organization on principles of deep-rooted values and commitment to excellence and Responsible Chemistry. Even as the next generation leads the organization, he continued to provide the overall strategic business direction to Deepak Group. His aspiration to usher a social change inspired Deepak Group to look beyond business needs. He has been instrumental in initiating many CSR initiatives and in establishing Deepak Foundation that has in the last 40 years, since its inception, touched the lives of over 2 million people across the nation through grassroot work in areas of health, education, social welfare, disability and special need, skill building and livelihood.
Deepak Nitrite Limited is an India-based company, which is engaged in manufacturing and trading of chemicals. The Company operates through two segments: Advanced Intermediates and Phenolics. Its Advanced Intermediates segment offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, specialty agrochemicals, optical brightening agent (OBA), diamino stilbene disulfonic acid (DASDA). Its Phenolics segment offers cumene, phenol, acetone, isopropyl alcohol, ammonium sulfate (AMS). The Company's products cater to several industries, such as colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, diesel blending, agrochemicals, glass, personal care, paper, detergents and textiles, laminates, ply, adhesive, paints, auto, pharmaceuticals, plastics, and others. The Company's manufacturing facilities are located at Nandesari, Dahej (Gujarat), Roha, Taloja (Maharashtra) and Hyderabad (Telangana).