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IndianOil Total Inaugurates New Bitumen Derivatives Plant Near Chennai

Written by: Team Angel OneUpdated on: 2 Dec 2025, 5:19 pm IST
IndianOil Total opened a bitumen derivatives plant near Chennai, adding capacity for specialised road materials across southern infrastructure.
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IndianOil Total Pvt Ltd (ITPL), the joint venture between Indian Oil Corporation and TotalEnergies Marketing Services, has begun operations at its new bitumen derivatives plant in Gummidipoondi, on the outskirts of Chennai.  

As per PTI, the facility was commissioned on November 20, 2025, and adds another manufacturing unit to India’s bitumen and road materials network. 

Inauguration and Officials Present 

The plant was inaugurated by Anuj Jain, ITPL Chairman and IOC Director (Finance), along with Olivier Van Parys, Senior Vice-President for TotalEnergies in the Asia Pacific and Middle East.  

The company noted that the site has been built with automated systems and follows standard safety protocols used across its operations. 

Production Scope and Materials 

The Gummidipoondi unit will manufacture a range of bitumen derivatives used in road construction and maintenance. This includes Polymer Modified Bitumen (PMB), Crumb Rubber Modified Bitumen (CRMB), Natural Rubber Modified Bitumen (NRMB) and different grades of bitumen emulsions.  

These materials are commonly used for highways, state roads, and city infrastructure that require specific performance standards. 

Southern Infrastructure Projects 

ITPL said the plant’s location allows it to supply materials across Tamil Nadu, Karnataka, Andhra Pradesh, Kerala and Telangana.  

The unit is expected to help reduce delays and improve availability for projects under the National Highways Authority of India, state highway departments and urban development bodies working on mobility and industrial corridors. 

Background of the Joint Venture 

Formed in 2020, ITPL brings together IndianOil’s distribution network and TotalEnergies’ experience in asphalt-related technology.  

The venture supplies modified bitumen products to public agencies, private contractors and concessionaires involved in large-scale road and infrastructure developments. 

Operational Focus and Usage 

According to the company, the new plant will support ongoing and upcoming projects in southern India, where demand for consistent and timely supply of road materials has increased with the rise in highway expansion and urban mobility works.  

The facility is intended to stabilise supply for contractors working across multiple states. 

Read More: Government Seeks Parliament Nod for ₹1.32 Lakh Crore Additional Expenditure! 

Indian Oil Corporation Share Price Performance  

As of December 02, 2025, 10:08 am, Indian Oil Corporation share price was trading at ₹163.80, a 0.51% increase from the previous closing price. 

Conclusion 

The commissioning of the plant increases regional access to modified bitumen grades used in major construction programmes. It is expected to assist government and private contractors in meeting project requirements more consistently. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Published on: Dec 2, 2025, 11:49 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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