At Rain Industries Ltd. (RAIN), we produce materials for today and a sustainable tomorrow by transforming by-products from other industries into value-added materials for countless products and applications.
The sustainability efforts in our Carbon and Advanced Materials segments start with the 'upcycling' of green petroleum coke and coal tar, by‑products of oil refining and steel production, respectively.
Similarly, our Cement business utilises fly ash from coal-fired power plants as an additive in our portland pozzolana cement. By extracting additional value from these industrial by-products, we are producing critical raw materials for goods that people use every day and that help meet the growing demand for greener products, a cleaner environment and a circular economy.
Key performance highlights of CY21
RAIN AT A GLANCE
#1
Global producer of
coal tar pitch (CTP)
#2
Global producer of calcined petroleum coke (CPC)
2,400+
Employees
16
Production facilities across Asia, Europe and North America
VICE CHAIRMAN'S MESSAGE
Revenue of ` 145,268 Mn represented a 38.8% increase compared with ` 104,647 Mn in 2020. Moreover, we finished the year with six consecutive quarters of increased revenues.
Operating profit (or adjusted EBITDA) of ` 25,174 Mn, which was up 26.5% compared with ` 19,896 Mn in the previous year, putting us back in our historically normal range
Strong safety performance with our third consecutive year with a total recordable injury rate below 0.2%, quite an achievement in this COVID-19 environment, where many of our production facilities have been operating with a depleted workforce and the added stress that comes with it
Meeting the mark with an effective people approach
Our focus is on raising an aware and confident workforce that can unravel answers to tomorrow’s challenges, while prioritising their safety and professional growth. We have seamlessly adopted the emerging hybrid working environment, with employees not directly involved with the operation and maintenance of our production facilities, working from home. We have also stepped up our efforts to make people interactions more meaningful.
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