Magnesita

Our History

We value our past and our history because we believe that every step is important in the search to be the best refractory and minerals solutions provider.

 

Location

Foundation of refractories plant in Valenciennes, France. The company was named “Société des Brinques et Pierres Blanches et Ciment de Fer Northomb et Cie”.

1888
Location

Baker Refractories is founded in York. It was the first American company to offer calcined dolomite for use as maintenance materials and refractory repair for steelmaking furnaces.

1889
Location

Foundation of Dolomie Française in Flaumont, France.

1900
Location

Dolomitwerke is founded in Hagen, Germany, by August Thyssen.

1909
Location

Beginning of brick production in Valenciennes.

Beginning of production in Kruft and Hagen, Germany.

1920
Location

Magnesita’s foundation after the discovery of magnesite deposits in Brumado (BAHIA), Brazil.

1939
Location

Beginning of refractories production in Contagem / Minas Gerais.

1944
Location

Beginning of brick production at Baker, in York.

Expansion of operations in Brazil and the beginning of exports to South America.

Magnesita founded its first subsidiary outside Brazil, RASA in San Nicolás, Argentina.

1960
Location

Going Public.

1969
Location

CEC (Lafarge) acquires Dolomie Française and Société des Brinques et Pierres Blanches et Ciment de Fer et Cie Northomb.

Creation of the Research and Development Center in Contagem (Minas Gerais).

1970
Location

Creation of Montec – engineering and assembly services in the civil engineering segment.

1971
Location

Listing on the stock exchange.

1973
Location

Acquisition of Refratec, which allowed domestic production of fused magnesia.

1980
Location

Beginning of the pioneering model of cost per performance (CPP), based on customer performance and not on the sales volume, which meant a significant simplification of refractory management and a true partnership to achieve performance. The focus shifted to product quality and supply of integrated refractory solutions, improving customers’ production processes.

Beginning of operations in the cement segment.

1990
Location

The Valenciennes and Flaumont plants are acquired by the Lhoist Group to become Lhoist Refractories.

1992
Location

Port opening in Aratu (Bahia), where the company has a concession to export as of this date.

1995
Location

Joint venture between Baker and Kaohsiung (Taiwan).

1997
Location

Lhoist acquires Dolomitwerke Wülfrath resulting in the operating company called Wülfrath Refractories.

1999
Location

Magnesita Service: expansion of operations to segments of refractory and electromechanical maintenance, and restructuring of services segment with a new focus on its business model.

2000
Location

Lhoist acquires the Baker Group and as a result, Wülfrath Refractories and the Baker Group are now owned by the same company. After this acquisition, the shares of Lhoist (Wülfrath & Baker Group) have their name changed to LWB (Lhoist, Wülfrath and Baker), now called LWB Group.

2001
Location

Individual shareholders and a small percentage of the LWB Board of Directors acquire LWB shares from Lhoist.

2005
Location

Rhone Capital acquires LWB.

2006
Location

GP Investments acquires the control of Magnesita.

2007
Location

Acquisition of LWB by Magnesita, becoming the 3rd largest world company in the sector, with a global presence across 5 continents.

Listing on São Paulo Stock Exchange New Market.

Acquisition of Insider, a Brazilian producer of precast and monolithic refractory with high technology, focused on steelmaking.

2008
Location

New strategic view: To be the best provider of refractory and minerals solutions, leveraging and developing our mineral resources.

2012
Location

Acquisition of Reframec Manutenção e Montagens de Refratários Ltda, a leader in installation and repair services for refractories used in cement production.

Acquisition of Dalian (China) – Mayerton Refractories Co. Limited (“DMR”) – a factory of refractory materials based on carbon magnesia, with the purpose of better serving some territories.

2013
Location

SAP global integration.

2015
Location

Holding Mag International (UK).

2016