Magnesita to triple DBM capacity under restructure

摘要

BRAZIL'S MAGNESITE AND refractories group, Magnesita SA has undergone a corporate restructure to become Magnesita Refratarios SA, and is planning to significantly expand its dead burned magnesia and refractories production by 2010.Last year, Magnesita was acquired by Latin American private equity group, GP Investments Ltd (GPI) and Gavea (see IM September '07, p.29). More recently, in April 2008, Japan's leading refractories group, Krosaki Harima Corp. purchased a 3% stake in the Brazilian company (see IM May 08, p.10).