RHI Magnesita, Khemka plan Odisha recycling facility

26 Jun 2026 CW Team

RHI Magnesita has announced a strategic joint venture with Khemka Refractories to develop a greenfield refractory recycling facility in Odisha. The proposed facility will support closed-loop sustainable solutions for India’s refractory market and help build an integrated recycling supply chain.

The joint venture will focus on the recovery, processing and reuse of spent refractory materials. It aims to increase the availability of high-value raw materials for refractories and other markets while offering customised recycling and sustainability solutions to customers.

The Odisha facility will be located close to major steel and industrial manufacturing clusters. The location is expected to strengthen access to spent refractory materials and support demand from India’s growing industrial base.

RHI Magnesita said the partnership will help reduce dependence on virgin raw materials, improve resource efficiency and lower carbon emissions across industrial value chains. The company said the initiative aligns with its focus on circular business models and sustainable raw material management.

The facility will combine RHI Magnesita’s global expertise in refractory recycling with Khemka Refractories’ regional manufacturing presence, operational capabilities and supplier network. The companies expect the platform to improve supply chain resilience and support sustainable industrial growth.

Under the agreement, RHI Magnesita will hold a 51 per cent stake in the joint venture, while Khemka Refractories will hold the remaining 49 per cent. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2026.

The proposed facility is expected to play a key role in advancing India’s circular economy goals and creating a scalable recycling ecosystem for the refractory industry."

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