RHI Magnesita N.V. Stefan Borgas new president of the WRA
January 16 2018 - 4:57AM
RNS Non-Regulatory
TIDMRHIM
RHI Magnesita N.V.
16 January 2018
RHI Magnesita's Stefan Borgas is the new president of the World
Refractories Association (WRA)
Brussels/Vienna, 16 January 2018 - Stefan Borgas, CEO of RHI
Magnesita, was elected new president of the World Refractories
Association (WRA) and took office in the first days of January this
year. He will assume the presidency previously occupied by François
Wanecq, former CEO of Vesuvius plc, for two years.
Borgas and the RHI Magnesita delegation directed their gratitude
to Mr. Wanecq for his work and dedication as inaugural president of
the WRA and thanked the whole Vesuvius team for the seamless
handover they facilitated together with the WRA secretariat. "It is
a great honor and pleasure for me to chair our industry's global
association. I will continue with my team to work hard to further
promote the interests of the refractory industry worldwide and
expand its global network", said Stefan Borgas.
Focus on new members, agenda setting, safety and global raw
material situation
After the successful merger of RHI and Magnesita in October
2017, the combined group RHI Magnesita set itself the ambition to
be "the driving force of the industry". Stefan Borgas sees this as
a connecting factor for his presidency at the World Refractories
Association. "RHI Magnesita and the WRA - want both to drive
positive change and innovation not only in the refractory industry
but also in our customer's industries. This means adapting to
changing customers' needs and the new technical or commercial
requirements."
Besides strengthening the role of the association founded just
in 2014 as a counterpart to other world industry and customers
organizations such as the World Steel Association, Stefan Borgas
strives to increase the number of WRA members to unite as many
producers as possible. In a next conceptual step, local members'
interests and global sector issues will be aligned to create a
generally recognized industry agenda. Among the obvious main
issues, Mr. Borgas will put a special focus on innovation, safety
and safety data collection and the tense global raw material
situation driven by stricter environmental regulations in China as
thematic priorities for his presidency in 2018.
The next WRA Board Meeting will be held in the course of the
CERAMITEC from April 10 - 13, 2018 in Munich, which is one of the
leading international trade fairs within the industry and an annual
meeting place for experts and decision-makers in refractories.
About World Refractories Association
The World Refractories Association (WRA) was founded in 2014 by
the major refractory industry associations and multinational
companies. The WRA constitutes a forum to debate regulatory issues
affecting global trade, circulate aggregated industry statistics,
promote the interests of the worldwide refractory industry, and act
as a counterpart to other world industry organizations such as the
World Steel Association.
The WRA is composed of continental associations including Europe
(PRE), Latin America (ALAFAR) and North America (TRI) as well as
national associations from China (ACRI), India (IRMA) and Japan
(JRA). Multinational companies are also direct members.
For more information please visit www.worldrefractories.org
About RHI Magnesita
RHI Magnesita is the result of the combination of RHI and
Magnesita to form the global leading supplier of high-grade
refractory products, systems and services which are indispensable
for industrial high-temperature processes exceeding 1,200degC in a
wide range of industries, including steel, cement, non-ferrous
metals, and glass, among others. With a vertically integrated value
chain, from raw materials to refractory products and full
performance-based solutions, RHI Magnesita serves more than 10,000
customers in nearly all countries around the world.
The Company has unmatched geographic diversification with more
than 14,000 employees in 35 main production sites and more than 70
sales offices. RHI Magnesita intends to use its global leadership
position in terms of revenue, greater scale, complementary product
portfolio and diversified geographic presence around the world to
target opportunistically those countries and regions benefitting
from more dynamic economic growth prospects.
The combined company had pro forma EUR2.5 billion in revenues in
FY2016. For more information please visit www.rhimagnesita.com
Enquiries:
World Refractories Association secretariat
Simona Vackeová, Secretary-General WRA
Tel +32 2 808 38 80
E-Mail: vackeova@cerameunie.eu
RHI Magnesita N.V.
Stefan Rathausky, Head of Corporate Communications
Tel +43 50213-6059
E-Mail: stefan.rathausky@rhimagnesita.com
This information is provided by RNS
The company news service from the London Stock Exchange
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