RHI acquires SMA Mineral Magnesia and expands in Turkey

摘要

Leading world refractories producer RHI AG is making good on its earlier announced strategy of securing refractory raw material supply outside China, predominantly magnesia-based, by acquiring Norwegian magnesia producer SMA Mineral Magnesia AS and expanding its Turkish subsidiary's capacity. Henning Jensen, chief executive officer of RHI, talking to IM on the SMA deal, said: "It's not over after this one, this is just one step on the way."