Himadri Chem to serve East Asian market with Chinese arm

Kolkata : The Rs 700-crore Kolkata based coal-tar pitch maker Himadri Chemicals and Industries Ltd plans to use its upcoming $40-million (Rs 200 crore) facility in China to cater the key markets in East Asia. The first phase of the proposed 100,000 million tonnes facility will be commissioned in January 2012.

Coal-tar pitch and its downstream products are used in aluminium, graphite and cement manufacturing. While the aluminium sector uses it for purification of the metal; coal-tar is used as a ‘binder' for commercial graphite production. SNF (sodium naphthalene formaldehyde), a downstream product of coal-tar pitch, mixed with ready-mix concrete, finds its use in the construction sector.