Rain Industries Earnings Presentation – Q1 CY17
| Rain Industries Earnings Presentation – Q1 CY17 | |
| Company: | Rain Industries |
| Brokerage: | |
| Date of report: | July 6, 2017 |
| Type of Report: | Investors' Presentation |
| Recommendation: | Buy |
| Upside Potential: | 0% |
| Summary: | HHCR Project will enable RAIN to take advantage of increasing demand for water white resins |
| Full Report: | Click here to download the file in pdf format |
| Tags: | Rain Industries |
Rain Industries latest investors’ presentationCompleted Capital ProjectsThe essence is that Rain Industries has not only completed five capital projects but the same are stabilized and are ready to start contributing to the kitty. The five completed capital projects are the following: (i) 300,000 Tons per annum Coal Tar Pitch Facility in Russia during Feb.’16 (ii) Flue Gas Desulfurization Plant in Chalmette, Louisiana, U.S.A. during Dec.’15 (iii) 1,000,000 Tons per annum Calcined Petroleum Coke Blending Facility in Vizag, Andhra Pradesh, India during Dec.’16 (iv) 7MW Waste Heat Recovery Power Generation Facility in Cement Plant at Kurnool, Andhra Pradesh, India during Sept.’16 (v) 17,000 Tons per annum Carbores III reactor in Castrop-Rauxel, Germany during Dec.’16 Planned Capital ProjectsRain Industries has planned two capital projects. One is the ‘Hydrogenated Hydrocarbon Resins Plant (“HHCR Project”)’ while the other is the ‘Packing Material Plant’. |
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