Bitumag Industries Pvt. Ltd., a wholly owned subsidiary of Ducol Organics & Colours Ltd. (NSE: DUCOL), has announced the commissioning of its second production line for polymer modified bitumen-based waterproofing membranes. With this expansion, the company’s annual production capacity has crossed 10 million square meters, positioning it among the largest manufacturers of waterproofing membranes in India.
The milestone follows Ducol’s strategic acquisition of Bitumag in April 2025 and marks a significant step in its efforts to deepen its footprint in the construction chemicals space. The expansion supports Ducol’s three-pronged growth strategy: boosting wallet share through customer synergy, scaling capacity both organically and inorganically, and accelerating innovation through dispersion chemistry.
The newly added production line not only strengthens Bitumag’s operational capabilities but also offers major commercial advantages. By more than doubling its capacity, Bitumag is now equipped to serve larger infrastructure and real estate projects, while achieving greater economies of scale and reducing lead times. This enhanced production volume positions the company to pursue higher-margin contracts, secure long-term supply agreements, and expand into export markets, thus significantly improving revenue visibility and profitability potential over the medium term.
Bitumag’s specialty in polymer modified bitumen membranes, known for their durability and resistance to environmental stress, has already made it a trusted partner in critical infrastructure applications like roads, bridges, basements, and tunnels. With demand rising for high-performance and sustainable building materials, the company is well-placed to benefit from the fast-growing waterproofing chemicals market in India—estimated at ₹15,000–₹20,000 crore and expanding at 13–15% annually.
Commenting on the development, Mr. Gunendra Pal Singh, Head of the Waterproofing and Chemicals segment at Ducol, said:
“Our increased capacity is a testament to Bitumag’s commitment to quality, scale, and delivery excellence. The expanded infrastructure will support India’s infrastructure boom and enhance reliability for our customers. The shared clientele between Bitumag and Ducol presents a significant opportunity to grow our wallet share.”