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Magnezit upgrades Slovmag
July 29, 2010 - 00:00 GMT
KEYWORDS:
Magnezit
,
Slovmag
,
refractories
,
refractory
,
magnesia
,
magnesite
Russian group ups refractories capacity and magnesia supply for Slovakian acquisition
Claimed as the largest refractories producer in Eastern Europe, with a production capacity of 150,000 tpa bricks and monolithics, Slovmag was acquired by Magnezit in 2008 (IM 18 January 2008: Magnezit buys Slovmag).
Slovmag is one of Slovakias two magnesite producers, the other being Slovenské Magnezitové Závody a.s. (SMZ) in nearby Jelsava.
Magnezit spokeswoman, Tatiana Zabrodina, told IM: At present [Slovmag] use mainly local raw materials, and for production...
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Euromoney Institutional Investor PLC.
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