Performance Chemiserve has low offtake risks – 1 Aug 2022

Performance Chemiserve is a step-down subsidiary of Deepak Fertilisers and Petrochemicals and manufactures nitro-phosphate (NP), nitrogen-phosphorous-potassium (NPK) and bentonite sulphur fertilisers and industrial chemicals such as technical ammonium nitrate (TAN), methanol, nitric acid and isopropyl alcohol (IPA).

The company has entered into a take-or-pay agreement with the promoter entities, DFPCL and STL