Rain Carbon Inc. to Establish New Coal Tar Distillation Facility in Andhra Pradesh
Team Finance Saathi
31/Jan/2025

What's covered under the Article:
- Rain CII Carbon’s new coal tar distillation facility in Andhra Pradesh.
- Key details on the expansion project, including phases and capacity.
- Strategic benefits for India’s steel, graphite, battery, and aluminum industries.
Rain CII Carbon (Vizag) Limited, a subsidiary of Rain Carbon Inc., has unveiled its plans to set up a state-of-the-art facility in the Andhra Pradesh Special Economic Zone (APSEZ) in Anakapalli, Andhra Pradesh. This new coal tar distillation and pitch processing facility is part of Rain Carbon’s broader strategy to bolster its position in the growing industrial sector in India, particularly in response to the rapid expansion of the steel industry.
Key Project Phases and Features:
- Phase I: Expected to start in the second half of 2025, this phase will focus on processing 50,000 metric tons (MT) of pitch annually, targeting the Indian graphite, battery, and aluminum markets. The estimated investment for this phase is around US $5 million.
- Phase II: Involves the deployment of modular distillation technology with an annual processing capacity of approximately 200,000 MT. This phase will leverage both domestic Indian coal tar and imported petroleum feedstocks.
Strategic Impact:
This new facility is aimed at upgrading pitch and processing byproducts from upcoming steel projects in the region, which will be crucial for India’s burgeoning graphite and battery industries. Rain Carbon aims to tap into this growth while also reinforcing its strong relationships with suppliers and customers in the Indian market.
Environmental and Sustainability Focus:
Rain Carbon has already secured all necessary regulatory approvals, including environmental clearances, ensuring that the facility meets sustainability standards. This expansion is aligned with Rain Carbon's ongoing commitment to innovation and sustainable practices, further solidifying its position as a global leader in coal tar distillation.
The Upcoming IPOs in this week and coming weeks are Chamunda Electricals.
The Current active IPO are Malpani Pipes And Fittings and Dr. Agarwal's Health Care.