Nexxus Petro Expands with 30 TPD Used Tyre Pyrolysis Plant

Nexxus Petro Industries Limited has established a new state-of-the-art Used Tyre Pyrolysis Plant with a capacity of 30 Tons Per Day (TPD) at its facility in Pali, Rajasthan. Commercial production is slated to begin on August 30, 2026. This expansion is part of the company's business growth strategy, aiming to generate additional revenue of ₹50-60 Crore per annum with an 8-10% net profit margin. The plant will produce Used Tyre Pyrolysis Oil (TPO) and Carbon, serving as a cost-effective substitute for Light Diesel Oil (LDO) in road construction. The company plans a Phase 2 expansion to scale up to 60 TPD within months of Phase 1's successful operation. The project is funded through internal accruals and a term loan with interest subsidies.