Refractory Growth In Tough Times

Magnesitas Navarras SA (Magna) is the only Spanish producer of dead burned magnesia. A recent change of ownership has rejuvenated the company with a change of focus towards developing high value added markets and increasing profitability. Despite the competitiveness of the refractories market, Magna has successfully penetrated the European and North American steel industry and achieved sales with many leading producers. The company is set to continue its refractories growth and is looking to spread its wings overseas.