Cement News tagged under: Refractories
RHI Magnesita to acquire Resco Group11 April 2024, Published under Cement NewsRHI Magnesita has announced plans to acquire US-based Resco Group, a manufacturer of alumina and refractories. The deal is reported to be worth up to US$430m, says Reuters. According to RHI Magnesita, the move will accelerate its growth in alumina-based refractories and enable it to offer its US customer base an improved range of products. “The acquisition advances our 'local for local' production strategy and will shorten supply chains, improve our speed of reaction, and increase the se... |
MCi Carbon to provide CCU plant for RHI Magnesita19 January 2024, Published under Cement NewsRefractories specialist RHI Magnesita has announced an industrial-scale carbon capture project with MCi Carbon. RHI Magnesita will be MCi Carbon’s first global commercial customer. Alongside an additional multi-million-dollar investment from RHI Magnesita, MCi Carbon's will accelerate its mission to scale up and commercialise its carbon capture and utilisation technology (CCU). "This investment marks a pivotal moment for MCi Carbon and underscores the trust our partners place in our transfo... |
Developing sustainable refractory solutions26 September 2023, Published under Cement NewsRHI Magnesita’s low-carbon products form part of the company’s commitment to the decarbonisation of the refractory industry. Two case studies featuring kilns that operate with high fuel substitution rates show how the new low-carbon series maintains desired product qualities while addressing the challenges associated with modern manufacturing. By Peter Steinkellner, RHI Magnesita, Europe. Figure 1: RHI Magnesita’s carbon emissions per scope, 2022 Refractory company RHI Magnesita... |
HarbisonWalker International announces new brand identity05 June 2023, Published under Cement NewsHarbisonWalker International (HWI), which announced in February 2023 that it would combine with Calderys, has unveiled a new brand identity. The new look reflects HWI as a member of Calderys, the global refractories company’s brand in the Americas. “ The new visual identity of HWI, as a member of Calderys, is a significant step on our journey to form a unified business that incorporates the best of both brands to create a global high-growth leader. We have undertaken this exercise with t... |
Dalmia Cement sells stake in Dalmia Bharat Refractories27 March 2023, Published under Cement NewsDalmia Cement (Bharat) Ltd (DCBL) has agreed to sell its entire investment of 18,723,743 equity shares in Dalmia Bharat Refractories Ltd to M/s Sarvapriya Healthcare Solutions Private Ltd. The transaction represents 42.36 per cent of share capital, at a total consideration of INR8000m (US$97.12m), and forms part of DCBL’s strategy to exit non-core business/investment, according to the company. |
Calderys and HarbisonWalker International appoint joint CEO21 February 2023, Published under Cement NewsFollowing the completion of HarbisonWalker International (HWI)’s acquisition by Platinum Equity by way of a merger agreement, the global investment firm confirmed Calderys and HWI will join forces to create a leading world-class refractories solutions provider. Michel Cornelissen, currently president and CEO of Calderys, is appointed Global CEO of the combined company, effective immediately. “We have a tremendous opportunity to bring together the best of both companies to create a high-gr... |
Imerys sells Calderys03 February 2023, Published under Cement NewsFrench refractory supplier Calderys has become an independent company encompassing the full scope of the high temperature solutions (HTS) business area formerly under Imerys. The new company is owned by US-based Platinum Equity (PE) following the successful completion of regulatory approvals and customary closing conditions. Calderys operates a global network of experts and 36 industrial sites in 16 countries. Michel Cornelissen has been instrumental in positioning Calderys as a global le... |
Shinagawa Refractories agrees Brazilian refractory deal28 December 2022, Published under Cement NewsShinagawa Refractories Co Ltd (Shinagawa) has agreed with Saint-Gobain SA to complete the acquisition of the Brazilian Refractories business and the Alumina-based Wear-Resistant Ceramics business in the United States from Saint-Gobain SA on 29 December 2022. The acquisition of the Brazilian Refractories Business represents a natural extension of Shinagawa’s longstanding collaboration with Saint-Gobain in Brazil, whereby Shinagawa has been supplying technology for the manufacture of iron and... |
RHI Magnesita acquires Dalmia Bharat Refractories Ltd22 November 2022, Published under Cement NewsRHI Magnesita announces the acquisition of the Indian refractory business of Dalmia Bharat Refractories Ltd (DBRL) via a share swap agreement, in exchange for 27 million shares in RHI Magnesita India Ltd, a 70 per cent owned subsidiary of the group. DBRL is one of the leading refractory producers in India with approximately 1200 employees and production capacity of over 300,000tpa, from five refractory plants and raw material sites. Commenting on the acquisition, Stefan Borgas, CEO of R... |
Game changer in the kiln08 November 2022, Published under Cement NewsIn today’s operating environment, the refractory lining in the safety zone of a kiln needs to accommodate the requirements of alkali resistance and energy-saving properties. A new brick by Refratechnik is designed to become the link between established refractory products for this zone, making it a game changer for the kiln. By Lutz Derks, Refratechnik Cement GmbH, Germany. Refratechnik Cement GmbH’s kronal® 60 ar is a newly-developed refractory brick for the safety zone in the ki... |