As part of its expansion program in FY07, the company is setting up a forward integration plant for manufacturing advanced carbon materials at the existing plant in Mahistikry. The plant is expected to be completed by 2007. The company is in the process of entering into a joint venture for the acquisition of an existing coal tar distillation plant in China. To further expand its global operations, it has invested in a 100% wholly-owned subsidiary in Hong Kong. The company has a raw material storage capacity of around 40,000 MT. It has long-term tie-ups with all major leading Indian steel plants and international suppliers for the supply of coal tar. The coat tar pitch forms the basic raw material for aluminum and graphite electrode manufacturers. The registered office of the company is located at 23A, Netaji Subhas Road, 8th Floor, Room No 15, Kolkata-700001, West Bengal.