RHI divests dolomite business to Intocast

By Davide Ghilotti
Published: Monday, 11 September 2017

RHI is divesting its dolomite operations in Spain and Italy, which will be taken over by Germany’s Intocast, following European directives prior to the merger with Magnesita. Separately, the company is also selling off the fused cast refractories for glassmaking business in Italy and Russia.

Austrian-headquartered RHI has reached an agreement with Intocast Group to take over its dolomite business, in a divestment that the European Commission imposed as part of the merger process with Brazilian refractory maker Magnesita, RHI told IM.

The pool of assets being sold consists of two production sites, in Marone,...

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