Magnezit Group, Mitsui Bussan Metals Co., Ltd. and OOO «Мitsui and Co. Moscow» signed Memorandum on cooperation
Magnezit Group (Satka, Chelyabinsk region), the biggest Russian manufacturer of refractories, signed Memorandum on cooperation with the Japanese corporation Mitsui during visit of executives of the Russian company to Japan in December.
As general director of Magnezit Group Segei Odegov said at the ceremony of signing of the Memorandum, cooperation with one of the leaders of Japanese industry will allow the Russian company to increase capacities for production of fused periclase. In its turn the Japanese concern will find in Magnezit Group a
According to the terms of the agreement payment will be effected in 2018 and guaranteed shipments will be done during the period till 2020.
«This agreement proves strong demand for
Fused periclase is a basis for all high quality refractory products. The distinctive feature of fused materials is their high density and considerable corrosion resistance. In refractory technology fused periclase holds a special place as with its help it becomes possible to manufacture products possessing increased resistance and to develop
The Company Mitsui & Co., Ltd., the parent company Mitsui Bussan Metals Co., Ltd. and