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Rain Industries update on step down subsidiary - Rain Carbon Inc.

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Capital Market

Rain Carbon Inc. adds new business segment - Carbon and Advance Materials

Rain Industries' step down wholly owned subsidiary, Rain Carbon Inc. announced that it has revised its reporting segments to include Carbon and Advanced Materials, effective 01 January 2018. The shift from Chemicals to Advanced Materials reflects the company's increasing focus on transforming by-products of its coal tar and petrochemical feedstock distillation activities to produce raw materials that support high-growth products of the future.

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First Published: Jun 22 2018 | 11:04 AM IST

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