With perseverance and a strong commitment to growth, we expanded our horizons further.
The journey has not been without challenges.
Recognising synergies between calcined petroleum coke and coal tar pitch—both essential raw materials in aluminium production—we took another strategic leap.
What remains unchanged is our commitment to sustainable progress.
To shape the next chapter of our legacy, we will focus on five key strategic pillars that will drive sustainable growth and long-term value creation.
Global producer of
coal tar pitch
Global producer of calcined
petroleum coke
Production facilities across three continents: Asia, Europe and North America
Total employees
Supply chain partners
across the globe
Sales volume
Revenue from operations
Contribution to
consolidated revenue
Sales volume
Revenue from operations
Contribution to
consolidated revenue
Sales volume
Revenue from operations
Contribution to
consolidated revenue
We are transforming our energy use. For example, our Hamilton, Canada plant kicked off a project to reduce emissions by electrifying the steam generation system.
In 2024, we standardised OSHA safety guidelines across all our global sites, enhancing safety and best practices organisation-wide.
Our Nandyal plant earned the GreenCo Certification in 2024 for sustainability achievements. What’s next? We are aiming for even higher standards.
We reduced energy consumption and environmental impact with a major lighting retrofit across our India sites in 2024.
Dear Stakeholders,
As we mark 50 years of RAIN, we celebrate a journey forged through resilience, foresight and the relentless pursuit of growth. For us, reaching this milestone is an achievement in itself.
Brian Jude McNamara
Chairman
Read the full statementIn today’s increasingly interconnected world, our preparedness, experience and adaptability are our greatest assets. We are confident of our ability to navigate new challenges. This ensures that RAIN remains a trusted, dependable presence in the global market, delivering consistent value and fostering long-lasting relationships.
Jagan Mohan Reddy
Managing Director
Read the full statement
At RAIN, we take a holistic approach to value creation by focusing on business growth and creating long-term value for our stakeholders. We closely monitor market dynamics and adapt our strategies to ensure stability and resilience. In pursuit of our business objectives, we prioritise maintaining strong relationships with our stakeholders by addressing their diverse needs that support sustainable value creation.
We have fortified our financial foundation with strategic planning and risk management, ensuring steady growth. Despite rising costs, energy constraints and supply chain disruptions, we stand resilient and adaptable in a shifting economic landscape.
Revenue
EBITDA
At RAIN, we are driving manufacturing excellence through strategic capacity enhancements, operational efficiencies and a strong focus on sustainability. Investments in advanced technologies and process optimisation are enabling higher productivity, improved energy efficiency and enhanced product quality.
Capacity utilisation by segment
Carbon
Advanced Materials
Cement
We have consistently leveraged our deep knowledge, technological expertise and proprietary processes to reinforce RAIN's unique position across its segments. Over the past year, we have actively applied these strengths to drive forward innovative projects focused on creating a cleaner and more sustainable future.
R&D expenditure
Products launched compared to 13 in 2023
Our relentless pursuit of excellence prioritises developing and empowering our human capital. We have designed our strategic focus areas to enhance employee growth and contribute to our overarching business goals.
Total employees, compared to 2,503 in 2023
Cumulative hours of employee training, compared to 50,058 in 2023
Total recordable incident rate (TRIR), compared to 0.26 in 2023
Building lasting, positive relationships with our stakeholders is at the heart of our commitment to social responsibility. Through a range of targeted initiatives, we work to strengthen connections, promote community well-being and drive meaningful contributions in the areas where we operate.
CSR and other related donations during the reporting period
Patients treated at the hospitals under the Pragnya Priya Foundation
Students educated during the year under the Pragnya Priya Foundation
In the face of pressing global challenges like climate change, resource scarcity and pollution, we are firm in our commitment to responsible and sustainable business practices. Here we explore our strategic focus areas, showcasing initiatives aimed at efficient resource use and lowering environmental impact. These efforts reinforce our commitment to a sustainable future.
Trees planted
Energy generated from waste-heat recovery systems resulting 0.42 Mn tCO2e of GHG emissions avoidance.
Power generated from solar power systems
EcoVadis sustainability ratings
RAIN's commitment to sustainable business practices has been recognised through EcoVadis, a globally trusted provider of business sustainability ratings.
UN Global Compact
Since August 2023, we have supported the UN Global Compact, committing to the Sustainable Development Goals (SDGs). RAIN's Carbon and Advanced Materials segments submitted their first Communication on Progress (CoP) in July 2024, demonstrating our ongoing commitment to these global principles.
CDP climate change disclosure
Our German Carbon and Advanced Materials sites have been participating in the CDP climate change questionnaire since 2019
DQS Sustainability Heroes Awards
RAIN was nominated for the DQS Sustainability Heroes Award in the 'Sustainability Strategy' category, competing against 33 companies. Though we did not win, being among the top 7 nominees showcases the strength of our sustainability efforts.
Cement sector excellence
At the 3rd National Sustainability Awards on Cement & RMC held by the Quality Circle Forum of India (QCFI) at Hyderabad in January 2024, our Cement segment's Nandyal site received the Energy Excellence award.
Safety Recognition by CII
RAIN's Carbon segment plants in India received gold and silver medals in the Industrial Safety Excellence Awards competition in 2024 from the prestigious Confederation of Indian Industry (CII) in Andhra Pradesh State.
GreenCo Rating System
The GreenCo Rating, developed by CII Godrej GBC, is a benchmark for sustainability in Indian industries. It evaluates factories across nine key areas, including energy efficiency, water conservation and material resource management, emphasising continuous improvement beyond regulatory compliance.
General Disclosures
Covers our corporate identity, governance and operational structure, focusing on transparent and responsible business practices.
Management and Process Disclosures
Outlines our stakeholder engagement, grievance mechanisms and processes supporting our commitment to ESG principles.
ESG Disclosures
Provides in-depth coverage of our
ESG performance metrics.
Integrity, Ethics and Transparency
We maintain integrity, transparency and ethical governance across all operations
Safe and Sustainable Goods and Services
Our products are safe, environmentally responsible and contribute to sustainable development.
Employee Well-being
We promote safety, health and inclusive well-being for our workforce.
Stakeholder Engagement
We engage with stakeholders meaningfully to foster mutually beneficial relationships.
Human Rights
We respect and protect human rights in all business activities
Environmental Responsibility
We reduce our environmental footprint, enhance resource efficiency and invest in renewable energy
Public and Regulatory Policy
We engage responsibly with public policy and regulatory environments.
Inclusive Growth and Social Equity
We support inclusive growth, community development and equitable opportunity
Customer Value and Responsibility
We deliver value to customers by meeting their needs with integrity, quality and transparency.
