RHI Magnesita

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RHI Magnesita

logo
legal form NV
ISIN NL0012650360
founding 20th June 2017
Seat Arnhem , Netherlands ( de jure ) Vienna , Austria ( de facto ) NetherlandsNetherlands 
AustriaAustria 
management
Number of employees 14,000
sales 3.081 billion euros (2018)
Branch Refractory products, systems and services
Website www.rhimagnesita.com/
As of December 31, 2018

RHI Magnesita NV is an international supplier of refractory products , systems and services. RHI Magnesita is listed on the London Stock Exchange and is part of the FTSE 250 index .

RHI Magnesita emerges from the merger of RHI AG and Magnesita to become the world's leading provider of high-quality refractory products, systems and services that are used for industrial high-temperature processes above 1,200 ° C in the steel, cement, non-ferrous metal and glass industries, among others come. With a value chain from raw materials to refractory products and performance-oriented total solutions, RHI Magnesita serves customers in almost all countries worldwide.

RHI Magnesita is represented internationally with over 14,000 employees in 35 main production plants and more than 70 sales locations.

history

Carl Spaeter
RHI Magnesita Headquarters, Vienna
RHI Magnesita Technology Center, Leoben

Mining engineer Josef Hörhager discovered the magnesite deposit on Millstätter Alpe in Carinthia, Austria , in 1908 . Emil Winter, a German-American, acquired the mining rights and founded the Austro-American Magnesite Company (later Radex Austria). The company was bought in 1974 by the American General Refractories Co. In 1987 General Refractories Co. became Radex-Heraklith Industriebeteiligungs AG ('RHI AG') as part of a management buy-out. In 1991 RHI bought Veitscher Magnesitwerke Actien-Gesellschaft, a competing company that was founded in Germany in 1889 by Carl Spaeter .

In 1995 RHI acquired a majority stake in Didier-Werke AG (in 1834 Friedrich Ferdinand Didier acquired a brickworks and lime kiln near Stettin , Poland , and thus founded the "Chamottefabrik F.Didier" and became one of the first manufacturers of refractory products in Germany). RHI bought Global Industrial Technologies in 2000 and sold all North American branches in 2002. The company completed the acquisition of Stopinc AG ( Switzerland ) in 2012 and acquired a majority stake in Orient Refractories, India in 2013.

RHI merged with the Brazilian company Magnesita in October 2017 , left the Vienna Stock Exchange and has since been listed on the London Stock Exchange as RHI Magnesita.

business

The company produces more than 1.5 million tons of refractory products annually in over 30 production sites worldwide.

Locations

In Austria there are the sites in Radenthein, Trieben, Breitenau, Veitsch and Leoben.

Web links

Individual evidence

  1. a b Shareholder FAQ - RHI Magnesita Investors. Retrieved September 23, 2019 .
  2. Financial performance in 2018. In: www.rhimagnesita.com. Retrieved March 29, 2018 .
  3. a b RHI Magnesita: Results for the year ended 31 December 2017. In: RHI Magnesita. RHI Magnesita, March 21, 2018, accessed on March 27, 2018 (English, German, Portuguese).
  4. a b c d e f RHI AG: history. In: www.fundinguniverse.com. Retrieved November 30, 2017 .
  5. RHI takes over refractory specialty producer. In: www.glassonline.com. January 31, 2012, accessed November 30, 2017 .
  6. RHI acquiring 43.6% in Orient Refractories for $ 41M. In: www.vccircle.com. January 15, 2013, accessed November 30, 2017 .
  7. ^ Industrial giant RHI Magnesita shrugs off Brexit with new London listing. (No longer available online.) In: www.cityam.com. October 26, 2017, archived from the original on February 22, 2018 ; accessed on November 30, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.cityam.com
  8. RHI and Magnesita to combine to create a leading refractory company. In: www.presseportal.de. October 5, 2016, accessed November 30, 2017 .
  9. RHI: Fear of 40 jobs orf.at, September 17, 2019, September 17, 2019.