Vesuvius acquires Universal Refractories to strengthen own foundry portfolio

By Sofia Okun
Published: Thursday, 02 December 2021

Refractory materials producer Vesuvius has bought United States-based Universal Refractories, a speciality refractory producer, for £42.6 million ($56.7 million), UK-based Vesuvius announced Thursday December 2.

Universal Refractories, based in Pennsylvania, produces tundish (steel continuous casting) applications, which make up 75% of its sales, and consumable products for the foundry industry,...

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