Help Desk -
9958816305, 9810335381
Email
Password

Dalmia OCL Launches Magnesa Carbon Refractory Brick Plant in Odisha

Steel News - Published on Tue, 22 Sep 2020

Image Source: Dalmia OCL Magnesa Carbon Refractory Brick
Indian refractory company Dalmia-OCL Ltd has launched a new refractory line for production of Magnesia Carbon, MgO-C bricks, at its Rajgangpur plant in Odisha. It will come up in 3 phases of 36,000 tonne each and will have a final capacity of 108,000 tonne and cater to the demand of domestic steel manufacturers.

With the launch of the new manufacturing line, the company aims to substitute imports with locally manufactured MgO-C bricks and expects to capture 25 percent market share. Subsequently, the company plans to export these bricks to Europe and other key steel markets across the globe. The company has made a cumulative investment of INR 50 crore in the past 2 years and expects its total refractory business to grow by 50% in the next 5 years. Further, Dalmia-OCL plans to make a cumulative investment of another INR 100 crore in the next five years to boost its domestic manufacturing capacity

Source :

Posted By : Yogender Pancholi on Tue, 22 Sep 2020
Related News from Steel segment