Cement News tagged under: RHI Magnesita
RHI Magnesita announces Indian merger03 August 2018, Published under Cement NewsRHI Magnesita has announced a merger between its three companies in India, Orient Refractories, RHI India and RHI Clasil. Upon completion, the move will consolidate the group’s position in the Indian market to allow it to tap into its growth potential more effectively, according to a press release. While subject to regulatory approval, the merger is expected to be completed within the next 9-12 months. The combined company expects an operating revenue of INR12,356m (US$182.23m) on a profor... |
RHI Magnesita undertakes major investment in China27 June 2018, Published under Cement NewsRefractory specialist RHI Magnesita will invest EUR20m in its dolomite plant in Chizhou, Anhui province in China. The step is part of a decisive response to address global pressures in the supply of raw materials to the refractory industry and rapidly provide additional volumes to its worldwide customers, said the company in a statement. The Chizhou site includes an extensive dolomite mine and raw material production as well as facilities for the production of high-quality dolomite-bas... |