RHI Magnesita N.V. Overview
Pro stress-test →RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. The company serves customers worldwide with around 16,000 employees in 47 main production sites, 8 recycling facilities and more than 70 sales offices.
Strategic Profile
Pro stress-test →RHI Magnesita maintains a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions. In 2024, it acquired the US-based Resco Group to expand the capacity of its supply chain in the USA. The company plans to capture 50,000 tons of CO2 annually starting in 2028, converting it to CO2-negative mineral value products.
Competitive Landscape
Pro stress-test →RHI Magnesita holds the leading refractory producer position globally with headquarters in Austria. The refractory market remains highly consolidated post-2017 merger, with RHI Magnesita commanding approximately 10-12% global market share. Competitors include international players in Brazil, China, and the United States, along with regional European suppliers.
Industry Context
RHI Magnesita N.V. operates in Refractory Materials & High-Temperature Ceramics.
Key facts
Founded: 1834 (RHI); 2017 (merger with Magnesita) · Headquarters: Vienna, Austria · Employees: 16,000 · Revenue: €3.4B (2022)