• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Hyderabad , Dec. 22

RAIN Calcining Ltd (RCL) has renewed its association with the US-based Oxbow Carbon & Minerals LLC with revised agreements to market calcined petroleum coke (CPC) and supply raw material - green petroleum coke (GPC).

The company informed the stock exchanges on Wednesday that under the agreements Oxbow would continue to act as its marketing representative for CPC, in all countries except India.

It could also source, procure and deliver GPC from refineries to the Visakhapatnam plant.

Oxbow would market the expanded capacity of the 4.8-lakh tonne of CPC expected to come online from April 1.

It could also supply the additional quantity of GPC required by RCL consequent to the expansion.

According to RCL, these agreements would continue till December 31, 2007, unless terminated earlier by mutual agreement.

The company's initial supply and marketing agreement was with the US-based Applied Industrial Materials Corporation, which was acquired by Oxbow during December last year.

The combined entities have formed the largest marketer/distributor of petroleum coke in the world with volumes reaching approximately 12 million tonnes.

Oxbow markets petroleum coke to customers throughout the US and more than 35 countries.

More Stories on : Alliances & Joint Ventures | Coke & Metalurgical Coke

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Modison to pay 10 pc interim

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line