
Business Update3 Aug 2026, 11:29 am
Horizon Reclaim Commissions Rajkot Pyrolysis Oil Facility
AI Summary
Horizon Reclaim (India) Limited has announced the successful commissioning of its Rajkot (Unit II) Pyrolysis Oil Manufacturing Facility. Commercial operations began on July 20, 2026, with the first sale recorded. This expansion marks the company's entry into the waste-to-energy segment, diversifying its product portfolio with Pyrolysis Oil, Carbon Char, and Steel Scrap derived from end-of-life tyres. The company also reported an increase in CWIP from ₹355.59 Lakhs (FY25) to ₹3,619.54 Lakhs (FY26), indicating ongoing development of manufacturing facilities. This update follows their BSE SME listing in June 2026.
Key Highlights
- Rajkot Pyrolysis Oil facility commissioned, commencing commercial operations.
- Company enters waste-to-energy segment with Pyrolysis Oil production.
- CWIP increased significantly, reflecting ongoing expansion projects.
- Strengthens integrated tyre recycling ecosystem and circular economy focus.
- BSE SME listing in June 2026 supports future growth plans.
Price Impact
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