June 30, 2025 (press release) –
“By joining forces, we strengthen our ability to turn spent materials into future value, setting an example of how innovation and collaboration can drive real progress for our customers, our business and the planet,” said Stefan Borgas, chief executive officer of RHI Magnesita.
RHI Magnesita will bring its global refractory expertise while BHI will contribute its capabilities in U.S. infrastructure, local sourcing and technical processing. They intend to create a platform for innovation in circular raw material processing and recycling, the companies said.
“Partnering with RHIM will expand our portfolio and enhance our efforts to offer circular solutions. We are excited about the progress our combined companies will achieve for a better future,” said Joe Quigley, president of BPI.
The key components of the joint venture include proximity to customers, an enhanced portfolio, and innovation and sustainability.
The companies expect the joint venture to be completed in the second half of 2025, subject to closing conditions.
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