Lead Reclaim and Rubber Products Ltd raised ₹35.58 Crore via a preferential issue to expand into four new sustainable product verticals. The company is establishing new manufacturing facilities in Gujarat for Tyre Pyrolysis Oil, Recovered Carbon Black, Recycled EPDM, and Tyre Crumbs, significantly diversifying its portfolio and production capacity.
Lead Reclaim and Rubber Products Ltd is venturing into Tyre Pyrolysis Oil (TPO) production with a new ₹20-25 Crore plant in Mundra, Gujarat. Target capacity is 1,500 MT/month for TPO and Recovered Carbon Black. This strategic pivot positions the company for opportunities in sustainable aviation and marine fuels.