Rain Carbon Announces North American Innovation Center for Energy Storage Materials

Equipment installation is already underway, with the start-up of the demonstration facility scheduled to commence in the first quarter of 2025.

"Our new R&D center is the natural, next step to bring together RAIN's battery materials and high-purity carbon businesses, which are well established in the energy storage materials sector in both Europe and Asia," said Gerry Sweeney, President of RAIN. "Our R&D teams are already known as market leaders. We aim to combine these strengths with our long-standing presence in North America to use this new facility to expand our existing list of patents and to spring-board RAIN to an even higher, more-value-added level in the evolving energy storage space."

Dr. Michael Spahr, Vice President of Innovations in RAIN's Carbon Distillation & Advanced Materials business unit, expressed enthusiasm about this R&D investment, emphasizing: "We are thrilled to expand our global R&D and Energy Storage Materials expertise. This move reaffirms our dedication to the growing North American Energy Materials supply chain while maintaining our position as an innovator on a global scale."

Rain Carbon Inc., a company with headquarters in Dover, Delaware, USA, is a wholly owned subsidiary of Rain Industries Limited and is a global, vertically integrated supplier of a diversified portfolio of carbon-based and chemical products that are essential raw materials for staples of everyday life. The company's Carbon segment converts industrial by-products of oil refining, steel production, bio-based and recycling sources into high-value carbon materials and intermediate chemicals. The Advanced Materials segment extends the value chain of its carbon processing through the down-stream refining of a portion of its output into eco-friendly, specialized chemical products. RAIN products enable customers in the aluminum, green steel, graphite, energy storage, tire, adhesive, coatings, pigment and specialty chemicals industries to transform by-products into usable, valuable products. RAIN's LIONCOAT^® battery-grade carbon precursor materials are world-wide used ingredients for graphite and silicon-carbon composite materials used in lithium-ion batteries.

Learn more about RAIN's innovative technical product solutions at www.raincarbon.com.

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