Nexxus Petro to Start Operations at Pali Plant on Aug 30

AHMEDABAD — Nexxus Petro Industries Limited announced on Thursday, August 13, 2026, that it has completed the setup of its new Used Tyre Pyrolysis Plant at its wholly-owned unit in Pali, Rajasthan. Commercial operations at the 30 Tons Per Day (TPD) facility will begin on August 30, 2026.

The development marks the company's downstream expansion into manufacturing Tyre Pyrolysis Oil (TPO) and carbon—industrial fuels widely used by road construction contractors to heat bitumen in hot-mix asphalt plants. The initiative transitions the company from pure fuel processing to captive, in-house production.

Production Capacity and Operational Roadmap

The new unit at Pali operates with an initial capacity of 30 TPD and is supported by 500 KL of on-site liquid storage tank capacity. Built with pre-engineered civil foundations and structural layouts, the Pali site can support a total capacity of 60 TPD.

Following 30 days of stable commercial operations of Phase 1, Nexxus Petro plans to initiate Phase 2 by adding a second 30 TPD modular unit within a few months, bringing the total processing output to 60 TPD.

Revenue Impact and Financial Growth Strategy

The Phase 1 operations are projected to generate annual revenue of ₹25–30 crore, expanding to ₹50–60 crore once the 60 TPD capacity is fully commissioned.

• Profit Margin Outlook: The tyre pyrolysis segment carries net profit (PAT) margins of 8–10%, which is higher than the company's core bitumen business.

• Annual Performance Target: Nexxus Petro projects a turnover of ₹400 crore for FY 2026–27, targeting a overall PAT margin of up to 4%.

• Capital Funding Structure: The ₹14 crore capital expenditure was funded via internal accruals alongside term loans. The project qualifies for effective interest subsidies of approximately 5% per annum over 7 years.

Strategic Positioning Across Indian Markets

Nexxus Petro operates three processing and manufacturing plants across Western and Central India:

• Pali, Rajasthan: 300 MT/Day bitumen capacity.

• Mundra, Gujarat: 150 MT/Day bitumen capacity.

• Bhopal, Madhya Pradesh: 100 MT/Day bitumen capacity.

The combined capacity across all facilities reaches 550 MT/Day, backed by NABL-accredited quality testing laboratories. The company holds an exclusive CSIR-CRRI and CSIR-IIP certified license for KrishiBind bio-bitumen technology and is empaneled with the Rajasthan Public Works Department (PWD).

Official Sources Section

Company filings submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 confirm the completion and scheduled operational launch date.

Quote Section

According to official disclosures, Haresh Senghani, Chairman & Managing Director of Nexxus Petro Industries Limited, stated:

"The establishment of our 30 TPD Used Tyre Pyrolysis facility at Pali marks a significant step forward in our growth journey as we move from processing activities into high-margin in-house production. By recycling waste tyres into high-demand industrial heating fuel, we provide our road construction clients with a reliable supply while advancing environmental sustainability."

Why It Matters

By manufacturing Tyre Pyrolysis Oil directly, Nexxus Petro can cross-sell industrial heating fuel to its existing customer base of road construction contractors. Replacing imported Light Diesel Oil (LDO) with locally produced TPO helps clients manage fuel expenses in hot-mix asphalt preparation while supporting industrial waste recycling.

Key Facts at a Glance

• Facility Location: Pali, Rajasthan.

• Initial Production Capacity: 30 Tons Per Day (TPD).

• Commercial Start Date: August 30, 2026.

• Revenue Potential: ₹25–30 crore in Phase 1; ₹50–60 crore upon reaching 60 TPD.

• Primary Product: Used Tyre Pyrolysis Oil (TPO) and Carbon.

FAQ Section

When will commercial production start at the Pali plant?

Commercial production at the Used Tyre Pyrolysis Plant in Pali is scheduled to begin on August 30, 2026.

What is the initial processing capacity of the facility?

The plant begins operation with an initial installed capacity of 30 Tons Per Day (TPD), supported by 500 KL of liquid storage capacity.

How much revenue does the company expect from this unit?

Phase 1 operations are targeted to generate ₹25–30 crore annually, scaling to ₹50–60 crore once Phase 2 expands total capacity to 60 TPD.

What are the primary applications for Tyre Pyrolysis Oil?

Tyre Pyrolysis Oil serves as an industrial heating fuel used by road construction contractors in hot-mix asphalt plants to heat bitumen.

Source: Official corporate disclosure submitted by Nexxus Petro Industries Limited to BSE Limited.