Rain Industries announced the closure of its plant situated in Uithoorn, The Netherlands. The plant is engaged in the business of downstream production of resins and modifiers using derivatives from coal and petro tar distillation. The decision to close the plant was due to eroding profitability for hydrocarbons and C9 aromatic resins, particularly for printing ink adhesives.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
