Aachen ‘17: Raw materials, consolidation troubling refractory makers

• Autores: Davide Ghilotti
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 598, 2017 (Ejemplar dedicado a: Diciembre/Enero)
• Idioma: inglés
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• Resumen

  • Small and medium-sized operators in the refractories sector are worried about additional pressures coming from two sides, as higher raw material costs come at a time when larger market participants get even larger through mergers and acquisitions (M&A).Scarcity in the supply of raw materials and continuing consolidation are among the leading concerns for market participants active in refractories, Industrial Minerals heard as the industry got together for its annual gathering in Germany in mid-October. Local governments in magnesia-producing areas are seeking to reduce the number of scattered players by setting up a government-controlled consortium of companies that will control mining output and processing. Several local companies are said to have signed up to the initiative, although the numbers vary widely, depending on who you ask.As reported by Industrial Minerals throughout 2016, several bauxite mining operations and processing facilities have been shut, many of them permanently.