Global Overview of Refractory Material News: March 15-21, 2025
Mar 21,2025
March 15
European refractory companies' environmental investment plans announced
German company EcoRefract has announced a €120 million investment in upgrading its production lines with an electrofusion process to reduce CO2 emissions, which is scheduled to be completed by the end of 2025.
March 18
The 10th International Refractories Congress opens in Germany
The Conference focuses on “Sustainable Refractory Technologies”, releases “Global Refractories Market Report 2025”, and forecasts 12% annual growth in demand for new energy sectors.
March 19
1. Global Technology Breakthrough: U.S. Company Firetech Launches High-Temperature-Resistant Composite Material
The new material can withstand high temperatures up to 2,000°C, and is used in space engine components, with mass production expected in 2026.
2. Asia export data update: China's refractory exports increased by 18% year-on-year
Customs data show that exports of high-purity alumina products to the North American market surged by 30%.
March 20
Industry M&A Update: Japanese Firm Acquires European Refractory Ceramics Plant
Nippon Refractories Acquires Spain's CeramTech for $350 Million to Strengthen European Market Share.
March 21
Indian government promotes localized production of refractory materials
Indian government issued subsidy policy to encourage steel companies to purchase domestically produced refractory materials, targeting import dependence to 40% by 2027
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