In the first half of 2024, #RHIMagnesita again demonstrated its strong commitment to sustainability. Discover how we are leading the way in sustainability with an increased Ecovadis rating and a pivotal green steel project in this video with CEO Stefan Borgas and CFO Ian Botha. #Sustainability #SustainableLeadership #HalfYearResults
RHI Magnesita
Bergbau
Vienna, Austria 208.981 Follower:innen
Welcome to RHI Magnesita: The driving force of the refractory industry 🔥🌎
Info
RHI Magnesita geht aus dem Zusammenschluss von RHI und Magnesita zum global führenden Anbieter von hochwertigen Feuerfestprodukten, -systemen und -serviceleistungen hervor, die für industrielle Hochtemperaturprozesse über 1.200 °C unverzichtbar sind und unter anderem in der Stahl-, Zement-, Nichteisenmetalle- und Glasindustrie zum Einsatz kommen. Mit einer vertikal integrierten Wertschöpfungskette vom Rohstoff bis zum Feuerfestprodukt und leistungsorientierten Gesamtlösungen bedient RHI Magnesita mehr als 10.000 Kunden in nahezu allen Ländern weltweit. Mit über 14.000 Mitarbeitern in 35 Hauptproduktionswerken sowie mehr als 70 Vertriebsstandorten weist das Unternehmen eine beispiellose geografische Vielfalt auf. RHI Magnesita beabsichtigt, seine globale Führungsposition bei Umsatz, Größe, dem komplementären Produktportfolio und breiter geografischer Präsenz weltweit zu nutzen, um gezielt Länder und Regionen zu erschließen, die von dynamischeren Konjunkturaussichten profitieren. Das kombinierte Unternehmen erwirtschaftete im Geschäftsjahr 2017 einen Pro-Forma-Umsatz von € 2,7 Milliarden. Weitere Informationen finden Sie unter www.rhimagnesita.com
- Website
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http://www.rhimagnesita.com
Externer Link zu RHI Magnesita
- Branche
- Bergbau
- Größe
- 10.001 Beschäftigte
- Hauptsitz
- Vienna, Austria
- Art
- Kapitalgesellschaft (AG, GmbH, UG etc.)
- Gegründet
- 1834
- Spezialgebiete
- Ceramic refractory products, Technological leader, High-temperature industrial processes, Refractories und refractory solutions
Orte
Beschäftigte von RHI Magnesita
Updates
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RHI Magnesita Receives MSC Excellence Award for Innovation! 🎉 RHI Magnesita has been honored with the prestigious MSC Excellence Award in the #Innovation category at this month's MSC Mediterranean Shipping Company gala event in Austria. This award recognizes the success of various improvement initiatives and unique projects that are making RHI Magnesita's value chains more efficient and resilient. It also underscores the strength of our strategic partnership with MSC Mediterranean Shipping Company. A special thank you to Nicola Lelli for presenting the award to representatives from our Global Logistics Planning & Procurement and European Indirect Procurement & Logistics teams. "Innovation is the key element of a long-term strategic partnership, and we are very honored to receive this award. We are just at the beginning of the journey, and there is still so much potential to harvest together," said Daniel Prutti, Global Head of Logistics Planning & Procurement at #RHIMagnesita. Elena Biryukova Isabella Hoffmann Turgut Kavasgil #Refractory #Logistics
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#RHIMagnesita announced its 2024 half year results this week. M&A played an integral role in offsetting the weaker demand environment in the first half of the year. ▶ Watch the update from CEO Stefan Borgas about our progress on strategic M&A activities and how these are set to drive long-term #growth and solidify our market #leadership. #Acquisitions #StrategicGrowth
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#RHIMagnesita recorded revenue of €1.72 billion in the first half of 2024, despite a 3% decline in sales volumes in its base business. In addition, we have achieved a strong Operating Cash Flow of €233 million, equaling a 123% cash conversion from EBITA into Operating Cash Flow. ▶ Watch CFO Ian Botha providing insights on our business performance and financial highlights! #HalfYearResults #FinancialHighlights
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Disrupted supply of critical raw materials #Bauxite #Alumina resulting in cost inflation and soaring ocean freight is creating challenging market condition for the refractory makers. Although the refractory demand remains subdued across the world with few exceptions, such input cost pressures are set to increase refractory prices. #RHIMagnesita Chief Customer Office Gustavo Franco elaborates on the fast-evolving price situation in this interaction with S&P Global Commodity Insights. #Oceanfreight #inflation #criticalmineral #rawmaterial #price #steelmaking #ironmaking #cementindustry #aluminiumindustry https://lnkd.in/gvk3CiUh
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Today, #RHIMagnesita announced its 2024 half year results! Despite a challenging market environment, RHI Magnesita has achieved a solid performance. With a revenue of €1.72 billion and an Adjusted EBITA of €190 million, maintaining an 11.0% margin, our resilience and strategic initiatives have positioned us well for continued success. Strong cash flow performance, driven by working capital release, underscores our robust financial performance. Watch CEO Stefan Borgas and CFO Ian Botha comment on the highlights of our results. Visit our website for more details: https://lnkd.in/d7MgsTdH #HalfYearResults #FinancialHighlights
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RHI Magnesita hat dies direkt geteilt
A #sustainability Ciao from Milano! Today, I had the pleasure to join Nenad Tanasic in welcoming the wonderful team from Trezzi Refrattari Srl to our MIRECO world! With its deep rooted experience in #recycling, strong local team and longstanding reputation as a reliable #circulareconomy partner in Italy, Trezzi enables us to serve the booming sustainability demands from our Italian customer base. Together, we can now truly close the circle with our #Cerowaste offering across Italy and maximize the recycling yield, thereby contributing to making #GreenSteel a reality. This is yet another important milestone in our quest to drive #decarbonisation through increased refractory recycling. Remember: every ton of recycled refractory raw material avoids at least 1,5tons of CO2! This is equivalent to the carbon footprint of an average European citizen over 3 months! The impact is massive - so let’s ensure we drive this immediate potential across the #refractory industry together! #netzero Patrick Stahl Christian Kuch @tobiasfreikmann
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#RHIMagnesita, represented by CCO Gustavo Franco, was honored to be part of today’s very exclusive Business Forum hosted by the Austrian Chancellor Karl Nehammer, MSc and India’s Prime Minister Narendra Modi in Vienna 🇮🇳🤝 With over 25% of our company’s work force being Indian, we have a strong presence in the country. Thanks to our globally backward integrated footprint, RHI Magnesita can massively support India in its quest for diversifying the global #supplychain for critical raw materials. In addition, during the forum, RHI Magnesita offered to use its #recycling expertise to prevent environmentally harmful landfill of waste #refractories and thus make a significant contribution towards building India's circular economy. Thank you, Narendra Modi, for your leadership in sustainable growth of India and fostering the Indo-Austrian relationship. We are looking forward to our strong collaboration! Stefan Borgas Parmod Sagar Abhijit Kashyap Borah Susanne Moser-Guntschnig 📷 Photo credit: Aussenwirtschaft Asien and RHI Magnesita
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Enhancing Sustainability in Steel Production: RHI Magnesita’s Solutions As the global community prioritises the reduction of carbon footprint, the adoption of innovative technologies becomes crucial for steel producers. In this context, #RHIMagnesita offers several innovative solutions. 2 examples are presented here, relating to Electric Arc Furnaces (EAFs) and Tundish applications. 1. EAF Direct Purging Plug Systems (RADEX DPP) Our integrated systems include state-of-the-art gas purging systems as well as the functional DPP purge plugs and optimise the melting of steel by injecting purging agents through the furnace bottom. The presence of the continuous inert gas bubble columns provides metallurgical benefits in the EAF: increased metal yield, increased dephosphorization, lower nitrogen levels with argon gas stirring, higher control on the FeO content of the slag, and most importantly, the avoidance of overoxidized slags. Further benefits include higher productivity, reduced energy consumption, and improved heat distribution, especially for larger EAF sizes (>150mt). 2. Tundish Cold Setting Technology A self-hardening mix with non-toxic binder technology. Requires only 1.3 - 1.5 wt.% water addition and no external heat supply. Zero energy consumption due to cold setting, enabling cold start practice. Smooth and reproducible lining technology for short and long sequence casting, with fast tundish turnaround and a small tundish fleet. These are 2 examples of RHI Magnesita's Green Steel Portfolio, which increases productivity and cost efficiency in steel production. They also contribute to sustainability by reducing #CO2emissions per tonne of steel produced. Let’s build a greener future together! 🌱 Stay tuned and follow our #RHIMagnesita_Innovation for more updates in the field of #flowcontrol and #advancedtechnologies. And visit our webpage for more information: https://lnkd.in/dhA-rprh
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#RHIMagnesita is a proud member of HIIA - Hydrogen Import Alliance Austria. With this initiative we will make sure to cover 50% of the Hydrogen demand in Austria by 2030. This will ultimately ensure 40.000 jobs in the industry sector. Let's get it done now!
For our #decarbonisation, we need competitive green #hydrogen delivered to our RHI Magnesita energy intensive raw material production in Austria! And now we will make it happen! Together with AMAG Austria Metall, Gas Connect Austria, LAT Nitrogen, OMV, VERBUND AG, voestalpine und Wiener Stadtwerke GmbH, we have formed the Hydrogen Import Alliance Austria (#HIAA) across major energy suppliers and consuming industry in Austria. We are working jointly to enable a long-term supply of competitive green hydrogen, to reach our ambitious #sustainability goals without jeopardizing the strong industry base across Austria, securing more than 40.000 jobs here. We aim to have competitive hydrogen imported by pipeline into the country by 2030, covering up to 50% of the hydrogen consumption in Austria. To make this a reality, a number of hurdles still remain though: prohibitive CAPEX funding gap, third country risk management (e.g. North Africa production site); last mile connection within Austria (e.g. our sites in Styria & Tyrolia); challenging OPEX economics (hydrogen needs to be <3 EUR/kg); regulatory jurisdiction & approval (e.g. for transport and local usage of hydrogen) ... Clearly, we will not be able to solve this all in the #HIAA alone and we are very much counting on our political establishment in #Austria and the #EU to fully commit to make this a competitive reality! This step-up is critical to achieve our common goal of achieving #netzero! Lets drive this together for our competitive green future!
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