In the last four quarters, there has been a consistent improvement in operating margin profile. Performance improvement is broadly in line with the base scenario mentioned in the July’22 note ...

commanding a 60–70% market share in Coal Tar Pitch (CTP) and other derivatives such as naphthalene and coal oils. It has forward integrated into carbon black production (using carbon black oils ...

Pitch, or high-temperature coal tar, looks like black stone, though it is a liquid with very high viscosity. But how can we prove that this "stone" is actually a dense fluid? Prof. Thomas Parnell ...