RHI Magnesita and Khemka Refractories Launch MINPRO Following Completion of Joint Venture

Vienna, Austria (OTS) – RHI Magnesita, the global leading supplier of
refractory products,
systems, and solutions, today announces the successful completion of
its previously announced joint venture with Khemka Refractories Pvt.
Ltd. The new company will operate under the brand MINPRO, marking the
official launch of a dedicated refractory recycling business focused
on advancing circular mineral solutions in India.

MINPRO combines RHI Magnesita’s global leadership in refractory
recycling with Khemka Refractories‘ regional expertise, operational
capabilities, and established customer as well as supplier network.
MINPRO will be led by Jyotirmoy Bhattacharjee as Chief Executive
Officer. Bringing nearly three decades of experience in the
refractory industry, Jyotirmoy has held a number of technical,
marketing, and sales leadership roles during more than 20 years with
RHI Magnesita, most recently serving as Head of Sales Steel India.
Together with a dedicated leadership team, he will establish MINPRO
as a state-of-the-art refractory recycling platform in Odisha,
strategically located in the heart of India’s steel-producing region,
to recover, process and reuse spent refractory materials.

By creating an integrated recycling supply chain, MINPRO will
increase the availability of high-value circular minerals for
refractory production and other industrial applications. The company
will help customers improve resource efficiency, strengthen supply
chain resilience, and reduce the environmental footprint of high-
temperature industries through customized circular solutions.

The launch of MINPRO represents another milestone in RHI
Magnesita’s global sustainability strategy and reinforces its
commitment to supporting sustainable industrial growth in one of the
world’s fastest-growing refractory markets.

Pankaj Malhan , Regional President India, RHI Magnesita, said:

„The launch of MINPRO is an important milestone in our strategy
to advance circularity in India and across the region. By combining
RHI Magnesita’s global recycling expertise with Khemka Refractories‘
strong local presence, we are creating a trusted platform that will
deliver high-quality circular raw materials and strengthen supply
security. MINPRO reflects our long-term commitment to investing in
innovative circular solutions that create lasting value for our
customers, our partners, and the wider industry.“

Alok Khemka , Director Khemka Refractories, said:

„We are proud to collaborate with RHI Magnesita to establish
MINPRO in the Indian market. Our companies bring highly complementary
capabilities, and together we are well positioned to establish a
leading recycling platform for the Indian refractory industry. By
combining advanced recycling technology with deep local market
knowledge, MINPRO will help transform refractory recycling in India
while contributing to a more circular and resource-efficient
industrial ecosystem.“

About MINPRO

MINPRO is a joint venture between RHI Magnesita and Khemka
Refractories Pvt. Ltd. dedicated to refractory recycling and circular
mineral solutions in India. Headquartered in Odisha, MINPRO combines
global refractory recycling technologies with local operational
expertise to recover, process, and reuse spent refractory materials,
creating a reliable domestic source of high-quality circular minerals
for the refractory and broader industrial markets.

About RHI Magnesita

At RHI Magnesita, we master heat, enabling global industries to
build sustainable modern life. As the global leader in refractories,
we provide innovative products, systems, services, and performance-
based solutions for industrial processes at temperatures of 1,200°C
and beyond. With more than 20,000 employees and a global network
spanning raw material sites, production facilities, recycling
centers, and sales offices, we combine deep technical expertise with
an integrated value chain to drive innovation, circularity, and
operational excellence. Our advanced refractory solutions are
essential for customers across the steel, cement, non-ferrous metals,
glass, and other high-temperature industries, helping them operate
more safely, efficiently, and sustainably.

RHI Magnesita is listed on the London Stock Exchange (RHIM) and
has a secondary listing on the Vienna Stock Exchange. For more
information, visit www.rhimagnesita.com .

About Khemka Refractories Pvt. Ltd.

Khemka Refractories Pvt. Ltd. (KR) is a manufacturer of
refractory products, refractory raw materials trading and refractory
secondary raw material processing. The company is ISO 9001:2015
certified and serves customers across the steel, iron, foundry,
power, copper, aluminium, cement and ferro-alloy industries. KR
operates four manufacturing plants and one R&D centre in Odisha,
India.

Website: https://khemkarefractories.com/

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