RHI Magnesita has increased its portfolio by acquiring American company Missouri Refractories Inc. (MORCO).
The site is located in the Midsouth of the United States, a region that is said to be of growing in importance for RHI Magnesita.
It produces over 400 monolithic mixes, which serve a multitude of industries, including steel, cement, lime and glass.
“With its more than 45 years of experience in fulfilling the needs of demanding, MORCO perfectly fits into RHI Magnesita’s strategy to strengthen our position in the North American refractory market.
“The dedicated team in Pevely, Missouri, truly is an asset that will contribute to RHI Magnesita’s success in the whole region,” said Stefan Borgas, CEO of RHI Magnesita.”