Roullier buys 50% of magnesia supplier in Brazil

Roullier buys 50% of magnesia supplier in Brazil

THE Roullier Group has acquired 50% of independent magnesia producer Magnesium do Brasil, a family-owned company in Brazil.

Magnesium do Brasil supplies the magnesium market in South America from its own mines. Located in northeastern Brazil, the firm has direct access to two ports, which allows export access to major international markets.

Magnesium do Brasil's production capacity in 2010 was 20,000 tons per year of caustic calcined magnesia sourced from its two magnesite mines, Jucas and Pitombeiros, in the Ceara state of Brazil. It has since installed a second 170-ton-per-day shaft kiln to raise its capacity.

Magnesium do Brasil has been a commercial partner with Roullier for a few years, and the companies share similar long-term development goals, the announcement said.

Based in Dinard, France, family-owned Roullier owns 14 business lines that are split into three divisions: managing phosphates, magnesia and industrial solutions.

The company has recently been focusing more on the magnesia division, which consists mainly of TIMAB and Magnesitas Navarras. TIMAB is a 100%-owned subsidiary that manufactures magnesia and phosphate products for the fertilizer and animal feed industries. TIMAB North America has offices in Minneapolis, Minn.

Magnesitas Navarras, which is 60% owned by Roullier and 40% by Grecian Magnesite S.A. since 2000, is a Spanish magnesia producer that produces magnesia for the refractory and fertilizer industries.

In January 2012, Roullier acquired a 50% stake in Dutch magnesia processor and distributor Van Mannekus & Co. B.V., which was previously owned by Possehl Erzkontor GmbH.

Volume:85 Issue:06

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish