Magnezit Group signs cooperation agreement with Brazil’s Vamtec

By Siobhan Lismore-Scott
Published: Thursday, 05 February 2015

The distribution and research agreement forms part of the Russian magnesia and refractory producer’s strategy to build its global presence. By marketing its products in Brazil it is going up against Magnesita, so any impact is likely to be seen in end of year results 2015.

Russian magnesia producers Magnezit Group has taken a decisive step into the Brazilian market by signing a sales agreement with Brazil’s Vamtec SA, a trader and producer of goods for...

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