Magnezit Group is implementing an investment project to re-equip and modernize the company’s European production facility — the Slovmag factory in Lubenik, Slovakia. This project will help the Group substantially strengthen its position in Europe and other countries by increasing the production of state-of-the-art periclase carbon refractories for the steel industry and spinel refractories for the cement industry.
The project, which is to be completed by 2011, calls for a production increase of up to 25,000 tons per year for carbon oxide products and of 30,000 to 35,000 tons for fired products. In addition, these products will be made from Russian magnesite, meaning high-quality refractory materials, including fused periclase or sintered clinker with an MgO content no less than 97%, manufactured by the Group’s enterprises from high-quality magnesite deposits in Russia. Production will be increased by applying more efficient methods and modernizing facilities, which include machines for processing, ragging and grinding fused periclase. Moreover, the company will install state-of-the-art mixing and pressing equipment and rebuild the machines for treating items in ovens as well as introduce the production of resin-bonded refractories.
Magnezit Group CEO Sergei Odegov notes that the priorities of his company’s development strategy include strengthening the company’s positions in promising market segments, increasing the output of state-of-the-art products, modernizing production facilities and introducing innovations at them. Production cooperation and the intensive use of our enterprises’ capacity help us create a synergy effect, which facilitates the company’s efficient growth and is one of our competitive edges. Magnezit Group is developing the Satka production facility in the Chelyabinsk Region, Russia, where it intends to construct additional production lines for dense-sintered periclase clinker. The company is also building a cutting-edge production facility for fused periclase and decarbonized magnesite in the Krasnoyarsk Territory. With its high-quality resource base and cutting-edge technology, the company plans to consolidate its position and reach a new level of development.
Magnezit Group is an integrated company providing the full cycle of services from the production of raw materials to engineering and maintenance.
The Group includes 15 facilities in four countries, with the main production facilities located in the Chelyabinsk Region, Russia. The Group accounts for 70% of Russia’s magnesite refractory market and for 60% of the CIS market.
Slovmag, the largest producer of refractory materials in Eastern Europe, was incorporated into the Magnezit Group in 2008. The factory’s favorable location allows the Group to optimize its distribution of orders among its production facilities.
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DATE
Jul 28.10 
Magnezit Group to Increase Production of Refractories from Russian Magnesite in Europe