Pondy Oxides and Chemicals Limited has commenced commercial production at its new facility in Thervoykandigai, Thiruvallur District, Tamil Nadu. The first phase of the plant, operational since April 16, 2025, adds 36,000 metric tons per annum (MTPA) to the company’s production capacity. Upon full completion, the facility is expected to reach a total capacity of 72,000 MTPA.
This expansion increases the company’s overall lead production capacity from 132,000 MTPA to 204,000 MTPA. The project involved a capital expenditure of approximately INR 700 million during the first nine months of the 2024–25 financial year. To support this and other initiatives, Pondy Oxides raised INR 1.75 billion through a Qualified Institutional Placement.
In addition to the Thervoykandigai facility, the company had acquired 123 acres of land in Mundra, Gujarat, at a cost of INR 410 million, in early 2024. The location was chosen for its proximity to the port and the region’s industrial development, aiming to enhance export capabilities. In Januray 2024, Pondy Oxides had also signed a Memorandum of Understanding with the Government of Tamil Nadu to invest between INR 3 billion and INR 5 billion over the following five years to develop recycling and manufacturing plants for non-ferrous metals, lithium-ion batteries, paper, plastics, and rubber.
The company’s major customers include battery and chemical manufacturers, with exports accounting for approximately 55% of its revenue. Pondy Oxides exports products to countries such as Japan, South Korea, Thailand, Indonesia, Vietnam, and Malaysia.
Pondy Oxides and Chemicals Limited is engaged in the manufacturing of non-ferrous metal products, including lead, zinc, and aluminium-based alloys, as well as oxides and chemicals used across various industrial applications. The company operates production facilities in multiple locations and has been expanding its footprint through both greenfield and brownfield projects. Its strategy focuses on increasing capacity, improving automation, and strengthening its export presence.