Dalmia-OCL launches refractory line in Odisha to produce Magnesia Carbon

October 7, 2020 6:32 pm

Dalmia-OCL, a Dalmia Bharat Group company, launched a new refractory line for production of Magnesia Carbon (MgO-C bricks) at its Rajgangpur plant in Odisha.

The refractory line will come up in 3 phases of 36,000 tonne each. And once fully commissioned, the plant with a capacity of 108,000 tonne will be India’s largest refractory line for production of Magnesia Carbon Bricks and promises to cut nation’s import dependence by up to 50 percent, the company said in a statement. This product is widely consumed by the steel industry and most of the current demand (approximately 300,000 tonne annually) is met through imports.

“We have made a cumulative investment of Rs 50 crore in the past 2 years and expects its total refractory business to grow by 50 percent in the next 5 years,” informed Sameer Nagpal, CEO, Dalmia-OCL.

Dalmia-OCL further plans to make a cumulative investment of another Rs 100 crore in the next five years to boost its domestic manufacturing capacity and align itself to India’s vision to become a 300 million tonne steel manufacturing nation by the end of this decade.

Under this initiative, Dalmia-OCL is localising the production of most refractories to provide support to its key customers such as SAIL, Tata Steel, JSW Group, JSPL Group, AMNS etc. With the launch of the new manufacturing line, the company aims to substitute imports with locally manufactured MgO-C bricks and expects to capture 25 percent market share. Subsequently, the company plans to export these bricks to Europe and other key steel markets across the globe.