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Refratechnik signs joint venture contract in China

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World Cement,

Refratechnik, Haicheng Guotian Mining, and Yingkou Jinlong Refractories have signed a joint venture contract.

The contract is for the production of high-grade caustic calcined magnesia (CCM) and dead burned magnesia (DBM), which will take place in Pailou town, Haicheng, China.

Yingkou Jinlong Refractories and Refratechnik are already long-standing partners in China. Haicheng Guotian Mining, meanwhile, is an existing producer of CCM and DBM in Haicheng, with long-term secure access to magnesite ore.

Construction has already begun on the new state-of-the-art plant, which includes flotation. Production is expected to commence in 2019. At this stage, it is thought that capacity will reach 100 000 tpy of DBM and more than 100 000 tpy of CCM, as well as related industrial minerals.

This project marks a significant step in Refratechnik’s strategy of further up-stream integration to secure supply for the company’s worldwide refractory production. It will also strengthen and diversify its international industrial minerals business.

Furthermore, Refratechnik’s strategic magnesia resource base is strengthened by adding to its Baymag world-class magnesite operation in Canada.

Refratechnik is a group of companies with a worldwide setup, which develops, manufactures, and installs high-grade refractories for high-temperature industrial processes.

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China cement news Cement news 2018