Delivering our Promise of Strengthening our Segmental Performance

We delivered our promise of turning around Performance Products segment by reorienting our geographical focus, efficient plant utilisation and product-wise change. The segment also benefited from improved demand and pricing trends in local and export markets. We also strengthened Basic Chemicals and Fine & Speciality Chemicals through brownfield expansion, full capacity utilisation and backward integration.

Strategic Initiatives that led us to deliver growth

  • Better pricing and cost management
  • Pursuing selective opportunities in domestic and export markets
  • Capacity enhancement and improved utilisation of key products
  • Expansion in key building blocks enabled catering to higher demand from end-user industries
  • Being a fully integrated supplier of OBA led to capitalising on shifts in the industry landscape and evolving market opportunities

Moving from Promises to Achievements:

Basic Chemicals

  • Brownfield capacity expansion in major products
  • Rising demand in local and export markets
  • Improved product mix leading to strong realisation gains

Fine & Speciality Chemicals

  • Brownfield capacity expansion in major products
  • Backward integration
  • Firm realisation in select products
  • Cost leadership initiatives

Performance Products

  • Reorientation of focus on customers and end-user together
  • Efficient utilisation of plant, improved product mix and other operating efficiencies
  • Differentiated products, price and market
  • Widening of customer base and new geographies
  • Full integration of value chain

Deepak Phenolics Limited

  • Setup facility to locally manufacture 2,00,000 MTPA of Phenol and 1,20,000 MTPA of Acetone
  • Achieved ramp-up of capacity utilisation; contributed to significant forex savings