Acon Industries

What Acon Industries does

Acon Industries 2015 Limited is a privately held, 100% Māori-owned surfacing services company headquartered in Tauriko, Tauranga, New Zealand, founded in 2015 by Eruera Tuhakaraina. It supplies and installs asphalt and chipseal surfaces for government agencies, construction companies, commercial businesses, and homeowners across the Bay of Plenty and Waikato regions. The company's core services include Asphalt Services (bitumen-bound aggregate surfacing for roads, carparks, subdivisions, and commercial sites) and Chipseal Services (water-based binding with crushed aggregate, popular on rural roads and farms), complemented by Reclaimed Asphalt Product (RAP) mixes incorporating up to 30% recycled material.

The company's competitive positioning is anchored in a new-generation Almix Duo Drum 66CF continuous mix asphalt plant at 1 Anianiku Place, Tauriko, imported from Malaysia after a global search. The plant delivers 120 tonnes per hour capacity, automated batching and temperature control, advanced filtration meeting a PM10 threshold of 20mg/m3, and modular commissioning in approximately two weeks. Plant construction was completed in late 2025 and full commercial operation commenced in February 2026. Acon operates an in-house fleet of trucks, pavers, rollers, sprayers, excavators, cold planers, and loaders, and delivers on-site via direct field sales with site assessment, surfacing recommendation, and full quotation.

Acon earns revenue on a per-project basis via quotation-based pricing for asphalt and chipseal surfacing, plus per-tonne transaction revenue from open-market asphalt supply to local contractors and councils through a dedicated plant ordering channel. Pricing is not publicly disclosed; progress payments are common for larger projects and payment terms are 20 days end-of-month for approved clients or 7 days from invoice. The company also maintains public liability insurance of at least NZ$5 million. As of 2025 it employs 30 people, up from 2 at founding, and in February 2026 appointed Ricky Nugent (35 years' infrastructure experience) as CEO.

Name

Acon Industries

Legal name

Acon Industries 2015 Limited

Website

https://aconindustries.co.nz

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Acon Industries is a 100% Māori-owned New Zealand surfacing contractor providing asphalt and chipseal installation, plus open-market asphalt supply, to government, commercial, and residential clients across the Bay of Plenty and Waikato regions from its new 120 tph Almix plant in Tauriko, Tauranga.

Ownership category

akta.pro rank

Product category

Road Surfacing Services

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412)

SIC

Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

akta.pro secondary industries

Asphalt Emulsions (Cationic/Anionic, CRS/SS, Specialty Emulsions) (EUALAKAB), Asphalt Additives & Performance Enhancers (Anti-strip, Warm-mix, Fibers, Rejuvenators) (EUALAKAH)

Keywords

• Asphalt surfacing services
• Chipseal surfacing
• Road construction services
• Asphalt plant operations
• Pavement maintenance

Headquarters

HQ city

Tauranga

HQ country

New Zealand

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Asphalt Surfacing Services: Supply and installation of asphalt surfaces for commercial, government, and residential projects. Revenue earned on a per-project basis through quotation and contract agreements.
2. Chipseal Surfacing Services: Supply and application of chipseal surfaces, popular on rural roads and farms due to cost-effectiveness, quick application, and adaptability to various climates and conditions.
3. Asphalt Plant Supply: Acon's own asphalt plant supplies mix to the open market to local contractors and councils, generating revenue through asphalt product sales.
4. Asphalt Plant Ordering (AC Plant Ordering): Direct ordering of asphalt from Acon's plant for upcoming jobs or projects, with team confirmation and order processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Acon Industries supplies and installs asphalt and chipseal surfacing for commercial, government, and residential projects across New Zealand's Bay of Plenty and Waikato regions. The company operates its own Almix Duo Drum 66CF asphalt plant capable of producing up to 120 tonnes per hour with up to 30% Reclaimed Asphalt Product (RAP) integration, and sells asphalt mix directly to local contractors and councils.

Product overview

Acon Industries operates as a surfacing services company offering two core products: Asphalt Services and Chipseal Services. Asphalt services use bitumen (petroleum-based binder) mixed with aggregate for smooth, durable surfaces suitable for heavy traffic. Chipseal services use water-based binding agents with crushed aggregate, popular for rural roads and cost-effective applications. The company also offers Reclaimed Asphalt Product (RAP) as an environmentally sustainable option incorporating up to 30% recycled materials, positioning them at the forefront of sustainable infrastructure in New Zealand. The product portfolio is delivered through their owned equipment fleet including trucks, pavers, rollers, and their new Almix Duo Drum 66CF asphalt plant capable of 120 tonnes per hour production.

Differentiator

Problem solved

Functional benefit

Products and services

• Asphalt Services Asphalt surfacing services providing smooth, durable, and flexible surfaces that withstand heavy traffic loads and reduce noise levels. Uses bitumen (a petroleum-based viscous liquid) as the binder mixed with aggregate particles. Surface layer longevity of 15-20 years depending on the asphalt mixture used.
• Chipseal Services Chipseal surfacing using water-based binding agents as an environmentally friendly alternative. Popular on rural roads and farms due to cost-effectiveness, quick application, and adaptability to various climates and conditions. Provides excellent skid resistance in wet conditions, extends pavement life by sealing out moisture, and is fully recyclable.
• Asphalt Plant Supply (AC Plant Ordering) Open-market supply of asphalt mix from Acon's Almix Duo Drum 66CF plant to local contractors and councils. Production capacity up to 120 tonnes per hour, with custom mix capability including Stone Mastic Asphalt (SMA) and up to 30% Reclaimed Asphalt Product (RAP). Enables reduced lead times for local projects and reduces reliance on asphalt imports from other regions.

Quantifiable outcome

• 120 tonnes per hour production capacity (scalable)
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core, minor and major.

• Road SciencecoreTechnology or Integration · 1 November 2025Road Science is designing asphalt mixes tailored specifically to Acon's new Tauriko plant, ensuring optimal formulations for the plant's capabilities and local market requirements.
• PrecisionminorImplementation/ SI/ Consulting Partner · 1 September 2025Precision is on-site to set lids ahead of pouring for spillceptor pads as part of the concrete works at the Tauriko plant site.
• Rapid StructureminorImplementation/ SI/ Consulting Partner · 1 September 2025Rapid Structure is on site to set profiles for structure pads inspection documentation at the Tauriko plant site.
• RZGminorImplementation/ SI/ Consulting Partner · 1 September 2025RZG is completing the remaining pads at the Tauriko site, with three pads left to complete.
• Arenm Technologies Ltd.majorImplementation/ SI/ Consulting Partner · 1 August 2025Arenm Technologies Ltd. is building the Motor Control Centre and electrical works for Acon's asphalt plant, responsible for motor control connections during commissioning phase.
• Electrical Works LtdmajorTechnology or Integration · 1 August 2025Electrical Works Ltd completed the Main Switchboard for Acon's asphalt plant, ready for installation as part of the electrical infrastructure.
• TP Mechanical EngineeringmajorImplementation/ SI/ Consulting Partner · 1 August 2025TP Mechanical Engineering is the plant assembler for Acon's asphalt plant, scheduled alongside an Almix technician for 22 September 2025 to commence plant construction.
• AlmixcoreTechnology or Integration · 1 January 2025Almix (based in Malaysia) supplied the Duo Drum 66CF continuous mix asphalt plant following a global search for the best fit-for-purpose solution. An Almix technician was scheduled for September 2025 to commence plant construction, and the Almix team arrived in November 2025 to support start-up and troubleshooting.
• Port of TaurangacoreStrategic or Co-development PartnerPort of Tauranga is actively seeking environmentally responsible solutions for road maintenance programmes. Acon's 30% RAP capability and new plant align with Port's sustainability goals, enabling partnership on sustainable infrastructure.
• Ministry of Social DevelopmentminorStrategic or Co-development PartnerAcon works alongside the Ministry of Social Development to enhance Māori participation and advancement in the roading and construction industry through their iwi and whānau-centric employment model.
• Te Puni KōkiriminorStrategic or Co-development PartnerAcon collaborates with Te Puni Kōkiri to enhance Māori participation and advancement in the construction and infrastructure industry.
• AmotaiminorStrategic or Co-development PartnerAcon works with Amotai to enhance Māori participation and advancement in the industry, aligning with their commitment to Māori enterprise and economic development.
• Bay of Plenty Regional CouncilmajorOthersBay of Plenty Regional Council granted the non-notified regional resource consent for discharge to air and land for Acon's Tauriko asphalt plant. The consent reflects the plant's design features, advanced emissions controls, and industrial zone location.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Isaac Construction: New Zealand civil construction and asphalt contractor operating primarily in the South Island. Comparable to Acon as a vertically integrated contractor delivering asphalt surfacing, chipseal, and civil works for councils and commercial customers.
• Fulton Hogan: Largest New Zealand-headquartered asphalt producer and roading contractor, with an extensive network of asphalt plants across NZ and Australia. Directly comparable to Acon as a vertically integrated surfacing contractor plus asphalt plant operator serving councils, government, and commercial customers.
• J Swap Contractors: New Zealand civil contractor with asphalt production capability serving regional markets. Directly comparable to Acon as a contractor-operator delivering roading, chipseal, and asphalt services to councils and commercial clients.
• Higgins Group: Major New Zealand roading and asphalt contractor (part of Fletcher Building), with national plant coverage. Directly comparable to Acon as a contractor offering asphalt surfacing and chipseal services to councils, government, and commercial clients across NZ.

Broad incumbents

• Wirtgen Group: Global manufacturer of asphalt plants, milling machines, and road construction equipment, including the Wirtgen, Vögele, and Hamm brands. Comparable to Acon as a broad incumbent in the asphalt equipment ecosystem, supplying plant technology to operators worldwide including Acon's Almix-sourced facility.
• Downer Group: ASX-listed infrastructure services group with substantial NZ roading and asphalt operations, including the Road Science mix design business that Acon partners with. Comparable as a broad incumbent offering asphalt, chipseal, and infrastructure services at much greater scale than Acon.
• Boral Limited: ASX-listed Australian building materials and infrastructure group with significant asphalt and bitumen operations. Comparable as a broad incumbent asphalt producer and contractor operating across Australasia, providing a benchmark for Acon's plant-supply-plus-surfacing model.

Others

• Almix: Malaysia-based global manufacturer of continuous and batch asphalt plants, supplier of the Duo Drum 66CF unit now operating at Acon's Tauriko site. Comparable as an enabling technology partner in Acon's value chain rather than a direct competitor.
• Road Science: New Zealand-based asphalt mix design specialist (part of the Downer Group ecosystem) currently designing custom mix formulations for Acon's new Tauriko plant. Comparable as an enabling technology partner rather than a competitor.

Regional players

• Alex Fraser Group: Australian leader in recycled construction materials including reclaimed asphalt pavement (RAP) and recycled concrete aggregate. Comparable to Acon as a RAP-focused asphalt materials producer, though operating in Australia rather than NZ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aconindustriesnz
• LinkedInlinkedin.com/company/acon-industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Acon Industries