Rain Industries’ step-down wholly owned subsidiary -- Rain Carbon will begin construction of a new resin polymerization and hydrogenation plant in mid-July at its integrated coal tar and petrochemical site in Castrop-Rauxel, Germany.
The plant hydrogenated water-white resins will serve as a cornerstone of Rain Carbon’s new Advanced Materials product segment. Once operational in the third quarter of 2019, the plant will have a resins production capacity of up to 50,000 tons per year.
Rain Industries is engaged in the business of manufacturing cement, Calcined Petroleum Coke (CPC) and power. It is the largest producer of CPC with a production capacity of 2.49 million tonnes per annum (MTPA).