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acquisitions: RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capex

In an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors expect India to add at least another 120 million tonnes of capacity over the next seven years. "We remain the most reliable refractory partners for steel makers due to our backward integration support from our global parent. We have alternate raw material sources in case the China supply chain gets disrupted."

Himadri to run Birla Tyres, fund acquisition through internal cash

Company says it will make the bulk of payment in the joint resolution plan with Dalmia Bharat Refractories

Himadri Speciality Chemical Ltd and Dalmia Bharat Refractories Ltd s resolution plan for Birla Tyres Ltd approved

Himadri Speciality Chemical Ltd and Dalmia Bharat Refractories Ltd s resolution plan for Birla Tyres Ltd approved
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