RHI Magnesita India & Khemka Refractories Launch MINPRO Joint Venture for Refractory Recycling
RHI Magnesita India and Khemka Refractories have launched MINPRO, a joint venture for refractory recycling and circular mineral solutions. Headquartered in Odisha, MINPRO aims to recover and reuse spent refractory materials, enhancing resource efficiency and supply chain resilience in India's growing industrial markets.
The joint venture is significant for the refractory industry and promotes circular economy principles, which can have a substantial impact on resource management and sustainability within the sector.
The formation of a joint venture for recycling and circular solutions is a positive development, indicating strategic growth and a commitment to sustainability.
RHI Magnesita India Limited has announced the successful completion of its joint venture with Khemka Refractories Pvt. Ltd., leading to the launch of a new company named MINPRO. This venture is dedicated to refractory recycling and advancing circular mineral solutions in India's industrial markets.
MINPRO combines RHI Magnesita's global expertise in refractory recycling with Khemka Refractories' regional knowledge and established network. Jyotirmoy Bhattacharjee has been appointed as the Chief Executive Officer of MINPRO, bringing nearly three decades of experience in the refractory industry. The company will establish a state-of-the-art refractory recycling platform in Odisha to process spent refractory materials and recover high-value circular minerals.
Pankaj Malhan, Managing Director & CEO of RHI Magnesita India Ltd., stated that the launch of MINPRO is a significant step in their strategy to advance circularity in India, creating a trusted platform for high-quality circular raw materials and enhancing supply security. Alok Khemka, Director of Khemka Refractories, expressed pride in the collaboration, emphasizing that MINPRO will leverage advanced recycling technology and local market knowledge to transform refractory recycling in India and contribute to a more circular industrial ecosystem.
MINPRO aims to increase the availability of circular minerals for refractory production and other industrial applications, helping customers improve resource efficiency, strengthen supply chain resilience, and reduce their environmental footprint. This initiative aligns with RHI Magnesita's global sustainability strategy and its commitment to supporting sustainable industrial growth in India.
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RHI MAGNESITA INDIA LIMITED filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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