RHI Magnesita, a global supplier of refractory products, and BPI, Inc., a US-based leader in minerals processing, have announced a joint venture to expand circular economy initiatives and accelerate sustainability in North America. The partnership combines RHI Magnesita’s global expertise with BPI’s local sourcing and technical processing capabilities, creating a platform for innovation in circular raw material processing and recycling. The joint venture aims to enhance the sustainability of the refractory industry, which is essential for industrial producers in North America.
The partnership will have 20 plant locations across the US and Canada, offering locally sourced products and solutions. The combined companies will also have expanded access to high-quality domestic raw materials, technical and analytical services, and expert sales teams. The joint venture is expected to reduce the collective carbon footprint and improve safety, endurance, and efficiency. The partnership is subject to customary closing conditions and is expected to be completed in H2 2025. The companies’ leaders believe the joint venture is a bold step towards redefining industry standards for sustainable sourcing and material recovery.