Horizon Reclaim Commences Commercial Operations at Rajkot Pyrolysis Oil Facility; Strengthens Capital and Expands Capacity
Horizon Reclaim (India) Limited, a leading manufacturer specializing in reclaimed rubber, has marked a significant milestone with the successful commissioning of its state-of-the-art Rajkot (Unit II) manufacturing facility. The company, which transforms end-of-life tyres and industrial rubber waste into high-quality products, commenced commercial operations at this facility on July 20, 2026, generating its first commercial sale.The launch of the Rajkot unit signifies a strategic expansion into the waste-to-energy segment through the commercial production of Pyrolysis Oil, diversifying the company's product portfolio and strengthening its integrated recycling ecosystem. This development allows for efficient resource recovery from end-of-life tyres, producing valuable resources including Carbon Char and Steel Scrap.
Horizon Reclaim operates across three primary product categories: Natural Reclaim Rubber, Synthetic Reclaim Rubber (EPDM & Butyl), and Crumb Rubber. Beyond these core products, the company's integrated model includes Pyrolysis Oil production. These materials cater to various sectors, including tyre, automotive, footwear, industrial, and infrastructure markets.
Facility Milestones and Capacity Overview
The operational expansion efforts at Horizon Reclaim are substantial. The company’s manufacturing capabilities are set to increase significantly upon the full commissioning of ongoing projects.| Metric | Details |
|---|---|
| Industry Experience | 19+ Years |
| Unit I Installed Capacity | 14,100 MTPA |
| Unit II Rajkot (Pyrolysis Oil Facility) Installed Capacity | 36,000 MTPA |
| Unit III Bhagwanpur Installed Capacity | 9,600 MTPA |
| Total Potential Expansion Capacity | Up to 86,800 MTPA |
The pyrolysis process at the Rajkot facility ensures sustainable resource recovery. The valuable products generated are as follows:
| Product | Application |
|---|---|
| Pyrolysis Oil | Alternative industrial fuel for boilers, kilns and industrial heating applications |
| Carbon Char | Used in rubber products, construction materials and as a substitute for fossil-based carbon inputs |
| Steel Scrap | Recycled and supplied to steel manufacturers for reuse |
Strengthening Capital Structure and Future Growth
In addition to operational achievements, Horizon Reclaim has strengthened its financial position. The company successfully repaid or prepaid borrowings amounting to ₹26.70 Crores, which helps reduce finance costs and bolsters the balance sheet.The company also outlined strategic use of future capital, proposing that ₹9.43 Crores from IPO proceeds be utilized for investment in plant and machinery. Meanwhile, Capital Work In Progress (CWIP) reflecting ongoing development at the Rajkot and Bhagwanpur manufacturing facilities increased from ₹355.59 Lakhs in FY25 to ₹3,619.54 Lakhs in FY26.
Following its listing on the BSE SME Platform and the commencement of commercial operations at the Rajkot facility, Horizon Reclaim is focused on ramping up production. The company plans to implement an Enterprise Resource Planning (ERP) system to improve supply chain visibility and enhance overall manufacturing productivity. Furthermore, management is actively evaluating opportunities to expand its presence in international markets, leveraging its diversified product portfolio and sustainability-focused model.
Stock Price Movement
Horizon Reclaim (India) Ltd is ticking up as of 11:32, currently valued at ₹143.75 after gaining 3.12%. The shares have moved through an intraday range, bouncing from a low of ₹140.00 to reach the high of ₹143.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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