Mike O’Driscoll
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| “It’s not over after this one, this is just one step on the way.”, Henning Jensen, chief executive officer, RHI AG. |
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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.”
“With SMA in full flow, this will increase our magnesia materials self-sufficiency by almost 20% [in terms of value]” Jensen added.
Overall, this would bring RHI’s magnesia self-sufficiency by value to 61%, nearing the company’s target of hitting 80% by around 2015.
The SMA purchase contract contains conditions which must be met by 31 August 2011.
For the first quarter...