ITPL opens greenfield bitumen derivatives plant near Chennai

Economic Times
Economic Times
1w ago • 13 views
IndianOil Total Pvt Ltd has launched a new bitumen derivatives plant in Gummidipoondi, enhancing road construction material supply in southern India.
ITPL opens greenfield bitumen derivatives plant near Chennai
A What happened
IndianOil Total Pvt Ltd (ITPL) has inaugurated a new greenfield Bitumen Derivatives Plant in Gummidipoondi, near Chennai, aimed at enhancing the supply of road construction materials in southern India. The plant, which was commissioned on November 20, will produce several forms of bitumen, including Polymer Modified Bitumen (PMB) and Crumb Rubber Modified Bitumen (CRMB). This facility is designed to meet the demands of national highways, state roads, and major city infrastructure projects. ITPL's Chairman Anuj Jain emphasized the plant's role in supplying high-performance materials tailored for local conditions. The joint venture combines IndianOil's distribution network with TotalEnergies' expertise in asphalt technology, ensuring improved supply reliability across southern states. The strategic location of the plant is expected to enhance serviceability for highway agencies and reduce logistics lead times for customers in Tamil Nadu, Karnataka, Andhra Pradesh, Kerala, and Telangana.

Key insights

  • 1

    New Plant Inauguration: ITPL's new facility enhances road construction material supply.

  • 2

    Local Production Focus: The plant produces materials tailored for India's climatic conditions.

  • 3

    Joint Venture Strength: Combines IndianOil's network with TotalEnergies' technology.

Takeaways

The establishment of the new bitumen derivatives plant by ITPL marks a significant step in improving infrastructure development in southern India, ensuring better quality materials and efficient supply chains for road construction.

Topics

Business & Markets Economy Climate & Environment Energy