Shinagawa Refractories Co Ltd (Shinagawa) has agreed with Saint-Gobain SA to complete the acquisition of the Brazilian Refractories business and the Alumina-based Wear-Resistant Ceramics business in the United States from Saint-Gobain SA on 29 December 2022.
The acquisition of the Brazilian Refractories Business represents a natural extension of Shinagawa’s longstanding collaboration with Saint-Gobain in Brazil, whereby Shinagawa has been supplying technology for the manufacture of iron and steel refractory products. This relationship dates back to 1991 when Shinagawa first started licensing technology for the production of tap-hole mix for the Brazilian market.
In recent years, Saint-Gobain in Brazil has also represented Shinagawa for the sale of refractory products made in Japan for the South American markets for iron and steel, cement, and other industries. This acquisition allows Shinagawa to further penetrate the South American market for various industries by providing Shinagawa with its own production base with well-established customer service networks.
