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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1531,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":82,"captionTwitter":154,"captionInstagram":155,"seo":156,"prevPost":158,"nextPost":82},1528,"RHI Magnesita, Khemka Refractories Form JV to Establish Greenfield Recycling Facility in Odisha","rhi-magnesita-khemka-refractories-form-jv-to-establish-greenfield-recycling-facility-in-odisha","RHI Magnesita and Khemka Refractories announce a landmark JV to launch a greenfield recycling facility in Odisha, driving circular economy solutions in India's steel sector.","\u003Cp style=\"text-align: left;\">\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Frhi-magnesita-khemka-refractories-form-jv-to-establish-greenfield-recycling-facility-in-odisha-content-1.jpeg\" alt=\"\" width=\"331\" height=\"248\">RHI Magnesita India Ltd, the leading manufacturer and supplier of high-grade refractory products, systems, and solutions, has announced to enter into a strategic joint venture (JV) with Khemka Refractories Pvt Ltd, a renowned refractory raw-materials manufacturer in India. Together the companies will accelerate circular business models and establish a greenfield refractory recycling facility in the eastern state of Odisha, India. Strategically located in the heart of India’s steel production and close to major industrial manufacturers, the proposed facility will support the rapidly growing demand for closed-loop sustainable solutions in the Indian refractory market by creating an integrated recycling supply chain. The JV will focus on the recovery, processing, and reuse of spent refractory materials; increase the availability of high-value raw materials for refractories and other markets; and provide customers with customized recycling and enhanced sustainability solutions.\u003C\u002Fp>\n\u003Cp>The partnership represents a significant step towards contributing and advancing circular economy and CO2 reduction goals. By creating a scalable, technologically advanced refractory recycling platform, the JV aims to reduce dependence on virgin raw materials required for refractory manufacturing, improve resource efficiency, and contribute to lower carbon emissions across industrial value chains.\u003C\u002Fp>\n\u003Cp>Parmod Sagar, Chairman, MD & CEO, RHI Magnesita India, said, “India is one of the world’s fastest-growing industrial markets, and as the market leader in refractories, RHI Magnesita is committed to deepening its technological investment in the country. We believe the time is right to build an ethically compliant circular economy platform that brings trust, quality, innovation, consistency, and scale to raw materials management for refractories and other industrial markets. Through this green-field joint venture, we are laying the foundation for a circular economy platform with globally leading processing technology and best-in-class infrastructure. We will advance circularity, avoid waste, and create long-term supply security and superior value for our customers in line with our 4PRO Solutions proposition. A closed material cycle is essential for sustainable business and the responsible use of valuable resources benefiting all stakeholders.”\u003C\u002Fp>\n\u003Cp>Alok Khemka, Director, Khemka Refractories, stated, “We are delighted to partner with RHI Magnesita in this pioneering initiative for the Indian refractory market. With our operational capabilities, strategic location in Odisha, and well-established supply and partner network, we are well-positioned to support the development of a robust recycling platform. Together, we aim to focus on scaling operations, process depth, and quality consistency in the Indian recycling market while ensuring secure access to critical secondary raw materials.”\u003C\u002Fp>\n\u003Cp>The proposed Odisha facility will combine RHI Magnesita’s global expertise in refractory recycling and Khemka Refractories’ long-standing regional presence and supplier network. The facility is expected to play a critical role in strengthening supply chain resilience, supporting sustainable industrial growth, and accelerating the transition towards a circular economy in India.\u003C\u002Fp>\n\u003Cp>Under the agreement, RHI Magnesita will hold a 51 percent stake in the joint venture, with Khemka Refractories holding the remaining 49 percent. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2026.\u003C\u002Fp>\n\u003Cp>For more information: \u003Cstrong>www.rhimagnesitaindia.com\u003C\u002Fstrong>, \u003Cstrong>www.khemkarefractories.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Frhi-magnesita-khemka-refractories-form-jv-to-establish-greenfield-recycling-facility-in-odisha-GQhzZh.jpeg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJune2026\u002Fnews\u002Frhi-magnesita-khemka-refractories-form-jv-to-establish-greenfield-recycling-facility-in-odisha-GQhzZh.jpeg","2026-06-26T15:34:25+05:30",0,"RHI Magnesita and Khemka Refractories have formed a JV to build a high-tech greenfield refractory recycling facility in Odisha.\nThe partnership aims to boost circular economy initiatives and reduce industry dependence on virgin raw materials.\nThe facility will process spent refractory materials to provide customers with customized, sustainable, and high-value resource solutions.","RHI Magnesita and Khemka Refractories partner to launch a major greenfield recycling facility in Odisha, driving a sustainable circular economy in the Indian steel sector. #CircularEconomy #Refractories","Big moves in the refractory industry! 🏗️ RHI Magnesita and Khemka Refractories have announced a new joint venture to build a greenfield recycling facility in Odisha. \n\nThis partnership is all about closing the loop, reducing waste, and cutting carbon emissions across India’s industrial supply chain. By recycling spent refractory materials, the team is setting a new standard for sustainable manufacturing and supply security. \n\nWe’re excited to see how this advanced infrastructure transforms the market by 2026! ♻️📈\n\n#RHI-Magnesita #KhemkaRefractories #CircularEconomy #Sustainability #IndustrialGrowth #OdishaBusiness #ManufacturingExcellence",{"title":145,"description":147,"keywords":157},"rhi magnesita,khemka refractories,refractory recycling,circular economy,odisha industrial growth,sustainable manufacturing,industrial waste management,refractory industry india,greenfield project,steel supply chain",{"title":159,"slug":160,"imageUrl":161},"Lauritz Knudsen Marks 50 GW of Solar Capacity Enabled","lauritz-knudsen-marks-50-gw-of-solar-capacity-enabled","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Flauritz-knudsen-marks-50-gw-of-solar-capacity-enabled-i6GdLD.jpg",{"data":163,"links":168,"meta":172},[164],{"title":165,"youtubeUrl":166,"createdAt":167},"Jyoti CNC Automation Brings the Future of Production at Hall 10 - 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