Hints and tips:
...Stefan Borgas, chief executive of RHI Magnesita, a FTSE 250 listed maker of refractory products — heat-resistant materials used in linings typically found in steel mills — that operates four plants in Germany...
...“Winner” indicates the organisation won an FT Innovative Lawyers North America award for 2022....
...She is currently a managing director at Redcliffe Advice and a non-executive director at Interpipe Group and RHI Magnesita....
...The share price of RHI Magnesita, Vesuvius’ closest competitor, fell as much as 6 per cent....
...The German chemicals maker said full-year earnings would be much lower than expected because of automotive weakness, a weak crop planting season in North America and unresolved US-China trade friction....
...RHI Magnesita will have combined annual revenues of €2.7bn, based on 2015 financial results. Magnesita has a strong presence in the Americas, while RHI is more focused on Europe and Asia....
...Austria’s RHI shunned the UK for the Netherlands after its deal for a Brazilian rival. Welcome to your curated briefing on deals and dealmaking from the FT....
...Too obdurate to be the spirit of anything — the only spirits he recognised were the drinkable variety — he was rock and roll reduced to its hardest, most refractory element....
...Steel flow control and refractory products account for 68 per cent of Vesuvius’s sales, more than a third of which are to the Americas, Credit Suisse said....
...Cookson makes products such as refractories, nozzles and temperature control devices that are used in steel production. End markets include construction, carmaking and engineering....
...“The reason for the reduction is derived from our assumption that management will choose not to produce and store a concentrate from refractory ore at Malomir – looking at this positively, all production...
...Starck, the German producer of refractory metals used in products such as mobile phones and tablet computers....
...However, UBS analysts noted that Japan’s Krosaki Harima had bought Tata Refractories, Cookson’s main rival for supplying Indian steelmakers....
...Gold miner Petropavlovsk was off 4 per cent to 853½p amid growing doubts among investors about the cost of switching its two main mines to refractory ore, which needs a more complex and expensive extraction...
...The biggest private equity deal in Brazil to date was GP Investments’ acquisition of a majority stake in Magnesita, a maker of refractory bricks, for $715m in 2007....
...With offices in central and eastern Europe and South America, as well as the US and western Europe, Advent is well-placed to participate in the rapid growth of emerging market private equity deals....
...employees’ toilet breaks, as the supermarket chain Lidl did; keeping a “black money” fund for kickbacks to officials in developing countries, as Siemens allegedly did; diverting money to pay for call girls for refractory...
...Easy to answer yes: harder to conceive of a series of policies and attitudes that will address a refractory globe, as they have had to....
...First, the shuttling back and forth of a million-strong Iranian diaspora in America has shown that there is space for liberalism in Iran....
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