Magnesita Refratários SA, a publicly-traded Brazilian corporation dedicated to mining, production and sales of refractory materials and industrial minerals, announced an agreement with ACIS, a cement maintenance and operations service company based in China and Saudi Arabia.
Under the agreement ACIS will expand its service offering with Magnesita’s refractory products in support of global cement greenfield projects. ACIS and Magnesita will target Chinese cement Original Equipment Manufacturers (OEMs) who are building projects in countries primarily outside of China. The cooperation became effective on 1 July and will continue for the period of three years, with a possible extension.
According to Magnesita CEO, Octavio Lopes: “Partnering with ACIS who is recognised within the cement industry for its technical and service capability, is an important step for Magnesita’s continued growth within the industrial market. This alliance with ACIS will help clients control costs utilising Magnesita’s high quality refractory products as new cement plants are commissioned.”
To make the partnership successful, ACIS will create a commercial team in China focusing on clients and the development of new projects while Magnesita’s technical assistance team will work closely with ACIS to provide application and engineering support. “We are confident that Magnesita’s broad product line, refractory expertise and global reach will complement ACIS’s technical and service offering and will be very well received by the cement OEM’s we serve “said Mr. Wang Yong, ACIS CEO.
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