Nexxus Petro Industries Ltd. Positioned at the Forefront of India's Bio-Bitumen Revolution

Nexxus Petro Industries Limited (the "Company") is well-positioned to benefit from a major structural shift underway in India's road infrastructure sector. With international bitumen prices surging nearly 40% due to the ongoing West Asia conflict, and domestic prices climbing from approximately ₹40,000 per tonne to ₹54,000-₹76,000 per tonne, the Government of India is accelerating efforts to indigenous bitumen supply - a transition for which Nexxus holds a certified, government-backed technology license.

India's Bitumen Import Challenge

India currently imports approximately 54% of its bitumen requirement - nearly 6 million tonnes out of an annual national demand of 11 million tonnes. Bitumen, a key input in road construction, is directly derived from crude oil, making it highly vulnerable to global energy price volatility.

Speaking at the All India Management Association's (AIMA) leadership conclave, Union Minister for Road Transport & Highways, Shri Nitin Gadkari, underscored the urgency of exploring domestic alternatives. He stated that a blend of 30% bio-bitumen from agricultural waste, 16% rubber powder from end-of-life tyres, and 7% waste plastic could entirely eliminate India's dependence on imported bitumen - a declaration that has significantly elevated industry and investor attention toward licensed bio-bitumen producers.

Strategic Significance for Nexxus Petro

Nexxus Petro is among only 15 companies nationwide to have been granted a technology license by CSIR-CRRI and CSIR-IIP for manufacturing bio-bitumen under the trade name KrishiBind™ - a bio-binder derived from agricultural biomass. The Company already holds this CSIR-certified license, placing it in an exclusive cohort of certified bio-bitumen producers at a time when:

- Government policy is actively driving adoption of bio-bitumen alternatives.

- Bitumen import costs have surged 40%, pressuring infrastructure project economics.

- India's road construction programme is accelerating under the PM Gati Shakti and Bharatmala initiatives, sustaining long-term demand.

- Commercial production of bio-bitumen is expected to scale manifold in coming years, as highlighted by Minister Gadkari.

- Sustainability and ESG imperatives are encouraging procurement of bio-based, waste-derived alternatives.

With this government-certified patent license in hand, Nexxus Petro is positioned to supply KrishiBind™ to road construction agencies, contractors, and state highway authorities - directly capturing the growing demand for domestically produced, import-substitute bitumen.

Source : Equity Bulls

Keywords

NexxusPetroIndustries BioBitumen