Saint-Gobain Ceramics announces the acquisition of Monofrax, from the German fund Callista.
Located in Falconer, New York, USA, Monofrax offers a wide range of fused cast refractories in various product chemistries. These materials are successfully used for glass melting, steel reheat, electrolytic reduction cells for smelting light metals and nuclear waste vitrification.
This acquisition will contribute to accelerate the growth of Saint-Gobain Ceramics in the refractory industry.
Nicolas Miegeville, CEO of the Ceramics business unit, commented: “We are very pleased about the acquisition of Monofrax, a well-recognized player in fused-cast refractories since its foundation in 1948. All our efforts go into helping our customers developing new processes to reach carbon neutrality while putting in place a circulareconomy for our ceramics and refractories. Monofrax is a perfect fit to better serve our local customers in the coming years while enabling co-development of very innovative solutions.”
William Andrews, Managing Director of Monofrax, commented: “We are very happy to join the Saint-Gobain groupthat will help us writing the next chapter of our long lasting history of innovation and success in the coming years.”