Sisecam acquires refractory manufacturer Refel

摘要

Turkish company Sisecam is acquiring theItalian company Refel, one of the world's leading refractory materials manufacturers.With this strategic acquisition, Sisecam aims to secure its refractory supply and avert supply chain-based risks for its new investment plans.The Refel acquisition will also further bolster Sisecam's strategic position in the global glass industry. The acquisition is also expected to make Sjsecam a major player in the fast-developing and growing refractory industry.