RHI Clasil

Orient Refractories announced a merger of its unlisted subsidiaries RHI India and RHI Clasil with itself to improve operational efficiency and simplify the holding structure. The merger is expected to complete in 9-12 months.

RHI Magnesita announced a merger of its three Indian companies—Orient Refractories, RHI India and RHI Clasil—to consolidate its position in the Indian refractory market. The merger is subject to regulatory approval and expected to complete within 9-12 months.