Turkey’s Erdemir buys Kümas Magnesite
Published: Friday, 15 January 2021
Turkey’s biggest steel producer, Erdemir, has bought compatriot magnesia producer Kümas, with the sale approved by the Turkish Competition Authority, the steelmaker said on Friday January 15.
Kümas is located in Kütahya, in north-west Turkey.
It produces and supplies sintered and fused magnesia, caustic
calcined magnesia, dolomite and alumina-based refractory
materials in its integrated refractory plant. Kümas also
mines its own raw materials.
The company was previously owned by...