About the Company 1. In 2013, M/S RHI AG, an Austrian Company acquired 69.62% of the equity shares of ORL. M/s. RHI AG is a world market and technology leader in high grade ceramic refractory materials.
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2. In year 2016, ORL parent Company, RHI AG reached an agreement with controlling shareholding of another global refractory co., M/s. Magnesita, GP & Rohne. 3. RHI Magnesita is global player in high-grade refractory products, systems & solutions which are indispensable
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Jan 17, 2021 • 17 tweets • 4 min read
Some facts about Rain Industries as per my analysis –
Rain Industries Limited (RAIN) is one of the world's leading producers of calcined petroleum coke (CPC), coal tar pitch (CTP) and other high-quality basic and specialty chemicals. CPC is produced from GPC.
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Positive triggers over 2016-2017
1. Announcement of new capital projects for CPC production and HHRC plant. 2. China who is the market leader in aluminum sector puts restriction on production due to pollution issue which led to increase in demand of CPC.
