Pondy Oxides and Chemicals Ltd (POCL), a prominent player in India’s non-ferrous metals recycling sector, has officially commenced commercial production at the first phase of its state-of-the-art smelter facility in Thervoykandigai, near Chennai. This newly launched phase boasts an annual capacity of 36,000 metric tonnes and is part of a larger project with a total licensed capacity of 72,000 metric tonnes per annum.
The Thervoykandigai plant stands out as India’s first fully automated lead smelter, incorporating advanced technologies to enhance operational efficiency and environmental sustainability. With the commissioning of this phase, POCL’s total lead production capacity has increased from 132,000 to 204,000 metric tonnes per annum.
The company has invested approximately ₹70 crore in capital expenditure during the first nine months of the current fiscal year and successfully raised ₹175 crore through a Qualified Institutional Placement (QIP) to support working capital needs and fund further capacity expansion.
Managing Director Ashish Bansal highlighted the company’s growth trajectory, stating, “The significant growth in revenue, EBITDA, and PAT was driven by increased production and sales of lead, plastics, and copper.” The second phase of the smelter facility, which will add an additional 36,000 metric tonnes of capacity, is expected to be commissioned by the first half of FY26.
Pondy Oxides and Chemicals Ltd (POCL) is one of India’s leading secondary lead smelters and a prominent player in the non-ferrous metals industry. Specializing in the production of lead, lead alloys, zinc oxides, and plastic additives, POCL serves a diverse range of industries, including automotive, chemical, and electronics.
With a strong focus on sustainability, the company emphasizes environmentally friendly recycling processes to recover valuable metals from scrap and industrial waste. POCL’s commitment to quality, innovation, and eco-conscious practices has positioned it as a trusted supplier both domestically and internationally, contributing to the circular economy and fostering long-term growth.
