Indo Borax & Chemicals Ltd has announced the launch of a new high-value chemical product—Boron Oxide, with production set to commence in July 2025. As per its regulatory filing to the BSE and NSE dated June 9, 2025, the company aims to manufacture 4,000 metric tonnes per annum of Boron Oxide at its new facility being set up in Pithampur, Indore, Madhya Pradesh.
The estimated capital expenditure for the project is Rs 20 crore, which will be financed through internal accruals. This new product will cater exclusively to the domestic market, leveraging Boric Acid—an existing product of the company—as a raw material. Notably, many customers for Boric Acid are also expected to be consumers of Boron Oxide, allowing for efficient market penetration.
Indo Borax plans to reach full production capacity within a year in a phased manner. The Boron Oxide manufactured will be primarily used in the refractories sector, supporting industries that require high-performance materials.
The company reaffirmed that this strategic move aligns with its intent to expand its product portfolio in high-margin chemical segments using existing operational strengths.
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